239, 243 & 245-247 Wickham Road, Moorabbin, VIC, 3189

4416.00 sqm

Land Area

2706.00 sqm

Building Area

About Property



MAJOR SLICE OF MOORABBIN GOLD!

3 SEPARATE TITLES

EXPRESSION OF INTEREST SALE

Tsimos Commercial is excited to offer these three separate freehold properties for sale. To be sold together.

Prime Wickham Rd properties with an opportunity to secure a massive 92 metres of frontage. An extremely rare offering for the savvy investor or developer to landbank and add value in future.

Property Features:
239 Wickham Rd: - Mimbo Trading Pty Ltd
- Building 722m2 Approx.
- Land Area 1105m2 Approx.
- Currently returning $120,000pa net
- Current Lease Term 3 Years Commenced 2/2023
- Options – 2 Further 2 year options

243 Wickham Rd: - Rexel
- Building 1584m2 Approx.
- Land Area 2135m2 Approx
- Currently returning $185,000pa net
- Current Lease Term 3 years Commenced 12/2022
- Options – 2 Further 3 year options

245-247 Wickham Rd: - Europcar
- Building 400m2 Approx.
- Land Area 1176m2 Approx
- Currently returning $69,192pa net
- Current Lease Term 5 Years Commenced 10/2020
- Options – No Further Options

Total Land area 4416m2 Approx.
Total Building area 2706m2 Approx
Total Income $374,192pa net
Industrial 1 Zoning

Huge potential, flexibility and future growth options are hard to come by.

ENQUIRE ABOUT PROPERTY


OUR OFFICE


  • LOCATION

    3/1174 Nepean Hwy, Cheltenham

  • PHONE

    0418599486

  • MAIL

    matt@tsimos.com.au