DYNAMIC DUO | TWO INVESTMENTS ON 1 TITLE
38 Manton Road, Oakleigh South, VIC 3167
RWC Oakleigh is pleased to present 38 Manton Road, Oakleigh South by way of public Auction on Wednesday 27th March 2024 at 12:00pm.
Nestled in the heart of the Oakleigh South Industrial Precinct, discover these two coveted side-by-side industrial investments with separate tenancies. Both premises are offered with strong lease covenants providing peace of mind for the long term.
This premier investment opportunity boasts not one but two industrial properties on a single title, strategically positioned in one of Melbourne's most sought-after industrial precincts, it's the chance of a lifetime to secure your place in a prized blue-chip setting and enjoy attractive stable returns for many years to come.
Don't miss out on this rare opportunity. Contact us today to obtain further information on this property.
Property features:
• Total land area | 1,726m2*
• Total building area | 1,166m2*
• Two properties on one title
• Eight (8) car spaces
• Two tenancies with attractive lease covenants
• Current combined income | $201,000 p/a net
• Tenant pays all outgoings including Land Tax
• Frontage of 40m* to Manton Road
• Individual driveways with allocated parking
• Industrial 1 Zone (IN1Z)
38B Manton Road, Oakleigh South:
• Rental $100,000 pa plus GST plus Outgoings Incl Land Tax
• Lease commenced July 23
• 3 + 3 + 3 + 3 year lease
• Leased to Taylor-made foods Pty Ltd
• Use | Food production and storage
38 & Level 1/38B Manton Road, Oakleigh South:
• Existing tenant since 2017
• New lease commenced in Feb 2024
• 4 + 4 + 4 + 4 year lease
• $101,000 p/a plus GST plus Outgoings incl Land Tax
• Leased tom Sashman Windows Pty Ltd
• Use | Window manufacturing
Inspection times:
• 6th March 2024 | 11:30am-12:00pm
• 13th M...