Industrial | Offices | Retail

Property ID: 436352

 

SECURE INDUSTRIAL INVESTMENT WITH LONG TERM TENANT - MUST BE SOLD!

3/323-327 Ingles Street, Port Melbourne, VIC 3207

RWC Oakleigh is pleased to present a secure industrial investment with a long term tenant located at 3/323-327 Ingles Street, Port Melbourne. The property is scheduled for Auction on Thursday 12th Oct 2023 @ 12pm onsite & online.

Leased to Ivy & Eve, a reputable boutique floral studio who has occupied the premises since 2015. The property comes with a new 2-year lease from 17th August 2023, with an option for an additional 2-year term. Currently generating an annual income of $44,945 p/a net, this property offers a steady and attractive return on your investment.

This property boasts a total area of 180m2* and is situated in a secure boutique estate of 7 units. The property comes with two (2) allocated car spaces plus ample unrestricted street parking is also available. The property features a motorised roller door for convenient access to the container high warehouse, ensuring hassle-free loading and unloading of goods.

Property details:

• Total building area | 180m2*
• Including ground floor office | 56m2* and mezzanine storage | 60m2*
• Container high warehouse with motorised roller door
• Two (2) allocated car space and unrestricted street parking
• Security gates for after-hours access, alarm system and security grills on windows
• Convenient and central location with easy access to CBD, City Link, Westgate Freeway and much more!

Tenancy details:

• Leased to Ivy & Eve a boutique floral studio since 2015
• New 2 year lease from 17th August 2023 with one further term of 2 years
• Current income $44,945 p/a plus GST plus Outgoings
• Tenant pays all applicable outgoings

Seize this opportunity to own a secure industrial investment with a thriving tenant. Whether you're an investor looking for a reliable income stream or a business owner searching for a well-positioned property, 3/323-327 Ingles St is your answer. Mark your cal...

Sold

Contact Agent

Ryan Amler(03)85335144