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