Tsimos Commercial is very proud to present a fantastic industrial investment opportunity, with a secure A grade tenant, and potential for future development upside (STCA).
Position, access and sophisticated presentation are key attributes along with a great tenant that makes a smart long term industrial property investment.
This property has it all and should be on everyone's radar; secure prime investments are hard to find in the southeast, especially in a still very tightly held market.
This location within the Braeside industrial precinct is easily accessible from Governor Road and Boundary Road, linking to the Mordialloc Freeway, Peninsula Link and the Dingley & Dandenong Bypasses that allows connectivity to greater Melbourne.
Two titles creates great future potential and flexibility, as industrial land is becoming more scare, only adding appeal to this secure investment.
Key property features:
• Total Land area: 5,635sqm* approx.
• Total Building area: 2,081sqm** approx.
• Two (2) titles
• Industrial Zone 1
• Securely leased 3 year term to long standing and well established business
Premier Waste Management.
• Currently returning $252,000 pa net + GST (CPI increase after 30th June 2024)
• Tenant is paying all outgoings plus GST including land tax
• 2 further options of 3 years each
• Two titles creates possible future development opportunities (STCA)
For further information or to arrange an inspection please contact:
Andrew Pannam 0433 518 555
Matt Brown 0418 599 486
3/1174 Nepean Hwy, Cheltenham
andrew@tsimos.com.au