1/16 Malvern Street Bayswater, VIC 3153

Sold for $700,000 on 19 May 2022Floorplan

Building: 250m²

Agents

Sold By

Industrial/Warehouse in Bayswater

Bayswater Industrial Tenanted Investment

Building: 250m²

Additional Information:

Floorplan

Auction Onsite and Online Thursday 19th May at 11:30am.

Tenant and Lease Details:-

Tenant - V-Space Parkers Pty Ltd
Rent $30,160.00 + GST and outgoings
Lease 3 + 2 years commencing 01/12/2020
Fixed 4% Annual increases.

This modern factory with long term tenant is located close to Mountain Highway and just off Scoresby Road offering convenient access to Arterials EastLink.

The property enjoys street front access from Malvern Street and dedicated car parking.

The precinct is further enhanced with the $177 million Mountain Highway, Scoresby Road, Bayswater Train Station and Level Crossing.

Property Features include:-

Building area: 250 sqm*
Includes 96 sqm* reception and first floor office
3 Phase power
7m* High clearance warehouse
High clearance automatic roller shutter door
Three (3) on title car parking spaces
Industrial 1 Zone (I1Z)

* Approximate

To arrange a private inspection, please call Paul Waterhouse or Mitch Rosam.

Building:

250m²

Zone:

Industrial 1 Zone (I1Z)

Tenancy:

Tenanted

Categories:

Industrial/Warehouse, Showrooms/Bulky Goods

Share:

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

Title Scheme:

Strata Title

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply