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Solid Industrial Investment Opportunity - Circa 6% Yield

9A Production Drive, CAMPBELLFIELD VIC, 3061

Sold

Property Sold in 9A Production Drive, CAMPBELLFIELD VIC, 3061

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11259835
Status:
Sold
Price:
Sale: $1,550,000 Lease: $92,000 Annual + Excl. tax
Last Updated:
02/10/2019
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Property Type

Industrial/Warehouse
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Land Area

1816 SQM
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Floor Area

1350 SQM
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Parking

N/A

Solid Industrial Investment Opportunity - Circa 6% Yield

CVA are very pleased to offer this attractive long term  investment opportunity. This very desirable modern, well designed property represents good value and provides a solid income stream.

Located in the heart of Campbellfield's industrial precinct with excellent arterial road access, the quality property provides two storey office, high clearance warehouse, large dedicated power supply and ample off-street parking.

Benefits
Leased to a multi-award winning baked goods manufacturer with production and distribution facilities in Western Australia and Sydney, the company's continued growth has seen it recently expand into Melbourne. With many accolades to its' credit including being voted Australia's best meat pie, CVA are proud to count them among our many quality tenants.
 
- Circa 6% return
- Strong 5 + 5 year lease 
- Lease commenced May 2017
- Current rental $92,000 per annum
- Tenant pays all outgoings

Features
- 600* amp 3 phase power supply!
- 8m* truss clearance
- Total building area 1,350m2*
- Includes 2 level office of 150m2*
- Showroom/additional office space of 99m2*
- Container height roller shutter door access
- Great staff amenities including kitchen/lunch room, shower, covered balcony 
- Lock up front yard with 18 car spaces
- Powder coated tubular steel fencing and gate
- Small rear yard - 50m2*

We invite you to inspect consider this opportunity.

*approx.

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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