Crabtrees Real Estate are excited to offer Units 2&3/414-416 Princes Highway, Narre Warren for Sale via Expressions of Interest closing Wednesday 8th December at 4pm.
Available separately or together and leased to long standing Tenants, these showrooms are positioned in a prime high profile location within the Casey Activity Centre and enjoy fantastic exposure to passing traffic.
Unit 2- Leased to Plumbing Clearance Centre Pty Ltd
+ Current rental return $65,298 + Outgoings + GST
+ 5 year lease from 2nd April 2020
+ Annual CPI rental increases
Unit 3 - Leased to Ferrari East Pty Ltd
+ New 6 year lease from 1st November 2021
+ Current rental return $102,002 + Outgoings + GST
+ Annual 3.5% increases
Positioned in a tightly held location these investment opportunities are often sought and rarely found and with such established and long standing occupiers are ideal for astute investors seeking secure income.
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!