RARE MAIN ROAD INVESTMENT!
Description
Crabtrees Real Estate are excited to offer Unit 1/214-224 Wellington Road, Clayton for Private Sale.
Prominently positioned with main road exposure, Unit 1/214-224 Wellington Road, Clayton is approximately 1,062 sqm of warehouse/showroom/office. The property is leased to two separate tenants returning a combined income of $159,750 per annum (net).
INVESTMENT FEATURES
UNITS 1A & B:
+ Tenant: Partyware Pty Ltd
+ Lease Commencement : 1st October 2021
+ Annual Rental: $71,750 per annum plus GST & Outgoings
+ Lease Term: Three (3) years
+ Further Term: One (1) further term of three (3) years
+ Rent Reviews: 2.5%
+ Security Deposit: Three (3) months rent plus GST
UNIT 1C:
+ Tenant: Winwin Construction Group Pty Ltd
+ Lease Commencement : 1st May 2023
+ Annual Rental: $88,000 per annum plus GST & Outgoings
+ Lease Term: Five (5) years
+ Further Term: One (1) further term of five (5) years
+ Rent Reviews: Annual 3% increases
+ Security Deposit: Three (3) months rent plus GST
KEY FEATURES:
+ Main road exposure
+ 17 on-site car parks
+ Office/showroom/warehouse: 1,062 sqm
+ Air conditioned
+ Good internal clearance
+ Excellent natural light
+ Modern kitchen and toilet amenities
Wellington Park in Clayton is positioned in the centre of the Monash Precinct for Employment and Innovation, this opportunity provides excellent street frontage and access to greater Melbourne via its proximity to Wellington Road, Princes Highway, Springvale Road and Monash Freeway.
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW.
Prominently positioned with main road exposure, Unit 1/214-224 Wellington Road, Clayton is approximately 1,062 sqm of warehouse/showroom/office. The property is leased to two separate tenants returning a combined income of $159,750 per annum (net).
INVESTMENT FEATURES
UNITS 1A & B:
+ Tenant: Partyware Pty Ltd
+ Lease Commencement : 1st October 2021
+ Annual Rental: $71,750 per annum plus GST & Outgoings
+ Lease Term: Three (3) years
+ Further Term: One (1) further term of three (3) years
+ Rent Reviews: 2.5%
+ Security Deposit: Three (3) months rent plus GST
UNIT 1C:
+ Tenant: Winwin Construction Group Pty Ltd
+ Lease Commencement : 1st May 2023
+ Annual Rental: $88,000 per annum plus GST & Outgoings
+ Lease Term: Five (5) years
+ Further Term: One (1) further term of five (5) years
+ Rent Reviews: Annual 3% increases
+ Security Deposit: Three (3) months rent plus GST
KEY FEATURES:
+ Main road exposure
+ 17 on-site car parks
+ Office/showroom/warehouse: 1,062 sqm
+ Air conditioned
+ Good internal clearance
+ Excellent natural light
+ Modern kitchen and toilet amenities
Wellington Park in Clayton is positioned in the centre of the Monash Precinct for Employment and Innovation, this opportunity provides excellent street frontage and access to greater Melbourne via its proximity to Wellington Road, Princes Highway, Springvale Road and Monash Freeway.
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW.
