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.
3/1174 Nepean Hwy, Cheltenham
matt@tsimos.com.au