Industrial

Property ID: 433487

 

QUALITY BUILDING & QUALITY TENANT

1, 3 Gatwick Road, Bayswater North, VIC 3153

Appleby Commercial is pleased to offer 1/3 Gatwick Road, Bayswater North to the market for sale.

Well located with street frontage, this 538 square metre industrial investment comprises a large warehouse, ground floor showroom and first floor office space. The property is of quality construction and has been well maintained. 

The property is securely leased to a quality tenant and is currently returning $55,080 net per annum.

This is an exciting opportunity for investors to consider.

PROPERTY FEATURES:

Building Area - 538 Square Metres
Excellent direct street access
On-Site Car Parking
Air Conditioned Office Areas
Industrial 1 Zone


LEASE DETAILS

Lease commenced: 1/3/2022
Lease term: 3 years
Options: 2 x 3 Years
Reviews: Annual - CPI & Market
$55,080 net per annum

For more information or to organise an inspection, please contact Appleby Commercial on (03) 8727 9555.

Sold

$1,250,000

Mr Nick Draffin

Mr Andrew Hill