33 Grosvenor Street, Abbotsford, VIC 3067

Investment | Industrial

Sold Contact Agent

60/90 days

  • Property ID: 300601
  • Floor Area: 535m²
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Area Sold 09/08/2018 535m2 N/A Contact Agent
Inner City Freehold Investment!

CVA Property Consultants are pleased to offer 33 Grosvenor Street, Abbotsford for sale via Public Auction on Wednesday 8th August 2018 at 12pm on-site.

The subject property comprises 535m2* total floor area in prime tightly held Abbotsford, currently leased to MAV Melbourne Pty Ltd since 2009.

MAV Melbourne is a leading corporate audio visual business setting the industry standard for many years with multiple well established long term clients and venue partners such as RACV, Melbourne Zoo, Rydges Hotels and Resorts, Mantra and many more.

http://www.mav.com.au/

Summary:
- New 5+5 year lease commencing 1st August 2018
- Returning $115,000 p.a net
- Tenant: MAV Melbourne Pty Ltd
- 6 months bank guarantee + director guarantees
- 3% annual increases + Market review at option
- Total Area: 535m2* inclusive of 80m2* office

*Approx

Additional Information
Features
  • Zoning: Industrial 1
  • Lease Term: 5+5 years
  • Rent Review: 3% annually
  • Car Spaces: 6 allocated within warehouse
Abbotsford Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $7878 $405 5.15%
Offices $6195 $332 5.36%
Industrial $5844 $243 4.16%
This is the average advertised price, rent and yield for Abbotsford, VIC 3067*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 33 Grosvenor Street, Abbotsford, VIC 3067. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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