Sold
Industrial/Warehouse

7-9 Lever Street Oakleigh, VIC 3166

Sold for $3,875,000 on 14 Dec 2021
  • Building: 2,347m²
  • Land: 1,893m²
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Industrial/Warehouse in Oakleigh

Oakleigh Warehouse Investment with Significant Upside

  • Building: 2,347m²
  • Land: 1,893m²

Ray White Commercial Ferntree Gully is delighted to present For Sale by way of Public Auction, this warehouse / office complex located just a few minutes from the trains and shops of Oakleigh.

Total building area is 2,347 sqm* with off street parking and further parking available in the Brickmakers Park parking area. The property comprises two (2) large warehouse or workshop areas, a reception and customer waiting area, wash bay and numerous office spaces and a boardroom / conference room. There is also male and female toilets and kitchenette facilities.

Ceiling clearance in the main ground floor warehouse / workshop area is 10.25m*. Ceiling clearance in the first-floor open area is 6.2m *.

Currently tenanted by an automotive repair and servicing business returning $148,188.60 per annum plus GST and Outgoings with a market review to be completed by February 2022 there is significant potential rental upside. T

The property could be adapted to a wide range of enterprises. Situated in close proximity to Oakleigh Central, near the intersection of Princes Highway and Ferntree Gully roads, the Monash Freeway is minutes away. The property has maximum exposure to both Princes Highway and Ferntree Gully Road assuring significant passing trade.

Property Features include: -

  • Building Area 2347 sqm*
  • Land Area 1893 sqm*
  • Returning $148,188.60 per annum*
  • Currently Leased Until 19th of February 2025
  • Market Review February 2022
  • Significant Rental Upside
  • High Exposure to Princes Highway
  • Off Street Parking
  • 4m Roller Door Access *
  • Reception & Waiting Area
  • Multiple Offices & Conference Room
  • Close to Oakleigh Central & Monash Freeway

To arrange an inspection or for further information, please contact Mitch Rosam or Paul Waterhouse

*approximately

Building:

2,347m²

Land:

1,893m² / 0.47 acres

Tenancy:

Tenanted

Categories:

Industrial/Warehouse, Showrooms/Bulky Goods

7-9 Lever Street, Oakleigh, VIC 3166