Investment | Other

Property ID: 311965

 

Excellent Investment in Western Growth Corridor

32 Industrial Avenue, Hoppers Crossing, VIC 3029

CVA Property Consultants are pleased to offer you this outstanding opportunity to secure a quality investment located in a highly sought-after industrial precinct of Hoppers Crossing.

Ideally located close to Old Geelong Road and the Princes Freeway, this property is currently leased to a well-established business "HC Trailers Pty Ltd" who specialize in designing and building custom-made trailers in Australia. 

The property is further enhanced with additional land area for future growth and development potential with secure on-site car parking. 

Property Features Include:

- Building area 710m2* (including office space of 65m2*)
- Land area 2,322m2*
- Street frontage of 30m*
- Industrial 1 Zoning
- Remote control dual access security gates
- Three container height roller shutter doors
- Large three phase power supply
- One new Abus 5 tonne internal gantry crane


INVESTMENT SUMMARY

Tenant - HC Trailers Pty Ltd

Return - $95,000 net per annum

Commencement - 1st October 2018

Terms - Seven (7) Years 
Further Terms - Two (2) further terms of five (5) years 

Review - Annually by 3.5%

Guarantee - Bank Guarantee equivalent to six months rental, Personal and Directors guarantee. 

Click here to view HC Trailers Pty Ltd website for further tenant information.

*approx

Sold

$1,650,000

Robert Cubelic

Matthew Alderman