For Sale
$726,000 (excluding GST)
Secure Investment in Central Location
Classic 264 sqm (approx.) factory warehouse in ever reliable sought after Burgess Road location with great access to major arterials.
Securely leased to reliable mechanical workshop on 3 year lease commenced April 2023 plus 3 year option with annual CPI reviews. Currently returning $31,150 pa plus usual outgoings this represents an excellent opportunity in a tight industrial investment market.
Inspections
Inspection by appointment
Location
Property statistics
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Median house price
$890,000
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Days on market
30+
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Victorian auction clearance rate
90%
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Auctions last week in Victoria
539
Schools
Bayswater North Primary School
Stuart Street Bayswater North
1.0km
Croydon Special Developmental School
69-95 Belmont Road East Croydon
1.1km
Dorset Primary School
Rescorla Avenue Croydon
1.2km
Tinternvale Primary School
Tintern Avenue Ringwood East
2.3km