MAIN ROAD INVESTMENT - LONG ESTABLISHED TENANT!
Description
Crabtrees Real Estate are delighted to offer 1/567-577 Blackburn Road, Notting Hill for sale by Public Auction Wednesday 14th September at 12 noon on site.
With a renewed 5 year lease from July 2022, this high profile commercial property provides an outstanding investment opportunity with a long standing Tenant and is currently returning $69,255 pa + GST + Outgoings.
Unit 1/567-577 Blackburn Road Notting Hill is truly an investment that ticks all the boxes, a long lease, a well established Tenant, a main road position and located in a blue chip location in metro Melbourne.
+ 5 + 5 + 5 year lease from 1st July 2022
+ Current returning $69,255 pa + Outgoings + GST
+ Annual 3% increases
+ Tenant "Waverley Exhaust & Brake" has been in occupation since approximately 1998
+ High profile commercial premises of approximately 239 sqm* in tightly held location with 4 car spaces on site
+ Irreplaceable location with fantastic fit for purpose premises
Terms: 10% deposit, balance 30,60,90 days
Note: Can't attend the auction? No problem, you can still participate online! You can watch and even bid at this auction online on Anywhere Auctions!
https://anywhereauctions.com.au/app/property?propertyId=25461
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!
With a renewed 5 year lease from July 2022, this high profile commercial property provides an outstanding investment opportunity with a long standing Tenant and is currently returning $69,255 pa + GST + Outgoings.
Unit 1/567-577 Blackburn Road Notting Hill is truly an investment that ticks all the boxes, a long lease, a well established Tenant, a main road position and located in a blue chip location in metro Melbourne.
+ 5 + 5 + 5 year lease from 1st July 2022
+ Current returning $69,255 pa + Outgoings + GST
+ Annual 3% increases
+ Tenant "Waverley Exhaust & Brake" has been in occupation since approximately 1998
+ High profile commercial premises of approximately 239 sqm* in tightly held location with 4 car spaces on site
+ Irreplaceable location with fantastic fit for purpose premises
Terms: 10% deposit, balance 30,60,90 days
Note: Can't attend the auction? No problem, you can still participate online! You can watch and even bid at this auction online on Anywhere Auctions!
https://anywhereauctions.com.au/app/property?propertyId=25461
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!
features
- 3 Phase Power
- Car Parking - Surface
- Close to Shops
- Close to Transport
- High Clearance
