Outstanding Corner Location Investment. Act Now
$3,300,000 O.N.O
586 Ballarat Road
Albion VIC 3020
Industrial
FOR SALE
1250m2
- Floorplans View Floorplan
Total Building Area: 1250 sq/m (approx)
Main Road Corner exposure with easy access to Western Ring Rd & major arterial roads
16 car spaces on site
2 container height roller shutter door access
Well-appointed offices & mezzanine
Rigid perimeter fencing
Tenancy 1 (Warehouse): Commenced 1st April 2018 5x5 year lease. 3% fixed increases market at option. Rental $123,600 plus Gst
Tenancy 2 (Billboard): Commenced 1st July 2013. 10 year lease 3% fixed increases. $23,880 plus Gst
Total passing rental income $151,188 per annum plus Gst.
Terms: 10% deposit. Balance 30/60 days
Main Road Corner exposure with easy access to Western Ring Rd & major arterial roads
16 car spaces on site
2 container height roller shutter door access
Well-appointed offices & mezzanine
Rigid perimeter fencing
Tenancy 1 (Warehouse): Commenced 1st April 2018 5x5 year lease. 3% fixed increases market at option. Rental $123,600 plus Gst
Tenancy 2 (Billboard): Commenced 1st July 2013. 10 year lease 3% fixed increases. $23,880 plus Gst
Total passing rental income $151,188 per annum plus Gst.
Terms: 10% deposit. Balance 30/60 days