6 Japaddy Street, Mordialloc VIC

For Sale

Industrial

EOI Closing Thursday 19th July 2018 at 3pm

860m2

Ray White Commercial Victoria is pleased to offer buildings 1&2 / 6 Japaddy Street, Mordialloc, to market via Expression of Interest closing Thursday 19th July 2018 at 3:00 pm.

These two separately titled buildings are exceptionally located in the tightly held Mordialloc Industrial precinct. They are adjacent to both Boundary Road and Lower Dandenong Road and only minutes from the Dingley Bypass.

Well presented and immaculately maintained over the years, properties such as these serve as an outstanding investment opportunity for your S.M.S.F as both are currently leased to a well established and long-term tenant.

This secure investment offers:

- Two stand-alone industrial buildings with individual titles
- Total land area | 1,495m2 approx.
- Total combined building area | 860m2 approx.
- Clear span warehouse with 7M approx clearance
- Multiple offices with grand reception area and large boardrooms
- Security alarm and data cabling throughout
- Three (3) electric roller shutter doors
- Three phase power
- Kitchenettes and M/F Toilets
- Seventeen (17) on-site car parks all behind an electric security gate
- Combined rental |$73,691 p/a plus GST plus Outgoings
- Established and long-term tenant
- Industrial 1 Zone (IN1Z)

1/6 Japaddy Street (Front)
- Total building area | 470m2 approx
- Including 232m2 approx. clear space warehouse
- Five (5) offices, two (2) kitchenettes, boardroom and four (4) toilets

- Current Rental $42,199.44 p/a plus GST plus Outgoings
- Three (3) year lease renewed and commencing 15th September 2018
- One (1) further term of Three (3) years

2/6 Japaddy Street (Rear)
- Total building area | 390m2 approx.
- Including 95m2 approx. ground floor reception/showroom
- Also includes 18m2 approx. first floor office

- Current Rental $31,491.56 p/a plus GST plus Outgoings
- Three (3) year lease renewed and commencing 29th September 2018
- One (1) further term of Three (3) years

These two buildings present the astute buyer with a rare opportunity to acquire such a prominent industrial investment in the heart of Mordialloc.

For sale by expression of interest closing Thursday 19th July 2018 at 3pm
Terms 10% deposit and balance in 30/60/90 days thereafter.

Please contact your exclusive selling agents for further information:

George Kelepouris: 0425 798 677
Zomart He (何梓轩): 0433 081 721