5, 8 Kearney Street, Bayswater, VIC 3153

Investment | Other

Sold $459,950

  • Property ID: 307549
  • Floor Area: 200m²
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 5 Sold 21/09/2018 200m2 N/A $459,000
Very Neat Entry Level Investment.

Property Consultants are pleased to offer this fantastic investment opportunity situated in the highly sought after gated estate located just of Scoresby Road and easy access to Eastlink.

The subject property comprises 200m2* total floor area currently leased to Eastwood Building Co Pty. Ltd.who have been occupying the premises since completion in 2017.

Summary:
- Leased to Eastwood Building Co Pty.Ltd.
- Returning $26,780 per annum net
- Tenant pays all outgoings
- 2 year lease from 1st February 2017 plus further 2 year option
- $7,150.00 bond + 2 director's guarantee
- 200m2* building area including 40 m2 first floor office + 3 on-site car spaces

Additional Information
Features
  • Zoning: Industrial 1 zone
  • Lease Term: 2 years plus 1 further options of 2 years
  • Rent Review: 3% annual increases, Market at options
  • Car Spaces: 3 on site
Bayswater Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3509 $139 3.97%
Offices $3837 $189 4.92%
Retail $3785 $220 5.80%
This is the average advertised price, rent and yield for Bayswater, VIC 3153*
* 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 5, 8 Kearney Street, Bayswater, VIC 3153. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 5, 8 Kearney Street, Bayswater, VIC 3153. 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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