Unit 10, 419 - 425 Old Geelong Road, Hoppers Crossing, VIC 3029

Investment | Other

Sold $600,000

  • Property ID: 316840
  • Floor Area: 312m²
  • NBN Availability: Build Commenced
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 04/12/2018 312m2 N/A $580,000
The Golden Mile Investment!

CVA Property Consultants are pleased to offer Unit 10, 419-425 Old Geelong Road, Hoppers Crossing for private sale.

This 312m2* modern high clearance office / warehouse presents an outstanding opportunity to secure this excellent investment leased to Trax Industries who specialise in 4x4 accessories and mechanical repairs, Trax Industries lease commenced 2nd January 2016.


Investment Summary
Tenant: Ciscos Consulting Pty Ltd trading as Trax Industries
Current Rental: $20,000.00 per annum net
Lease Term: Renewed 2 year lease from 2nd January 2018
Further Term: One term of 2 years

Strategically located on the famous Golden Mile, the property is 1.2km* from the Princes Freeway and its associated arterial linkages and is neighboured by national tenants including Pet Stock, United Tools, KFC Chemist Warehouse, Harvey Norman complex and Bunnings Warehouse.

For further information please contact CVA Property Consultants.


*Approx
Pricing excludes GST.

Additional Information
Features
  • Zoning: Industrial 3
  • Lease Term: Two years
  • Rent Review: At option period only
  • Car Spaces: 3
Hoppers Crossing Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3862 $368 9.54%
Offices --- $368 ---
Industrial $3148 $142 4.51%
This is the average advertised price, rent and yield for Hoppers Crossing, VIC 3029*
* 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 Unit 10, 419 - 425 Old Geelong Road, Hoppers Crossing, VIC 3029. 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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