13, 236-244 Edwardes Street, Reservoir, VIC 3073

Investment | Other

Sold $365,000

  • Property ID: 304059
  • Floor Area: 139m²
  • NBN Availability: Build Commenced
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 13 Sold 14/08/2018 139m2 N/A $360,000
Strong Entry Investment!

CVA Property Consultants are pleased to offer this fantastic investment opportunity situated in the highly sought after Business Park just moments from High Street, Sydney Road and the Western Ring Road.

The subject property comprises 139m2* total floor area currently leased to Crossfit Hurakan who have been occupying the premises since completion in 2016. Crossfit Hurakan is a recreational business specialising in small group fitness and personal training.

http://crossfithurakan.com.au/

Summary:
- Leased to Crossfit Hurakan
- Returning $20,352.75 per annum net
- Renewed 2 year lease from 5th August 2018
- 3 months security bond + director guarantee
- 139m2* building area + 3 on-site car spaces

*Approx

Additional Information
Features
  • Zoning: Industrial 1
  • Lease Term: 2 years + 2 years
  • Rent Review: 3% annually
  • Car Spaces: 3 on site
Reservoir Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5722 $316 5.52%
Offices $5429 $250 4.61%
Industrial $3553 $158 4.45%
This is the average advertised price, rent and yield for Reservoir, VIC 3073*
* 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.

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 Cafes - Number of cafes located within 500 metres of 13, 236-244 Edwardes Street, Reservoir, VIC 3073. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars 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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