Colliers International is delighted to offer for sale this premium investment opportunity in one of Melbourne’s most sought after industrial and commercial locations. 18 – 24 Ricketts Road, Mount Waverley is leased to a diverse mix of high calibre tenants offering a projected fully let income of approximately $1,319,235 per annum.

The property is within close proximity to all major road linkages via the Monash Freeway and Eastlink.

Rarely does an investment of this calibre in this tightly held precinct reach the market. Key characteristics of this property include:

- Modern high tech estate consisting 50/50 office/warehouse ratio
- Leased to a diverse mix of high calibre tenants
- Net income of $1,053,977* per annum (as at 1 February 2014).
- Projected fully let income of $1,319,235* per annum
- M1 (Monash) Freeway at the doorstep
- WALE of 3.5 years* (by income)
- Total gross lettable area of 8,806m² *
- Total site area of 10,924m² *
- 217 on site car spaces
- Potential strata subdivision (STCA)
*approx

The property is being offered For Sale by Expressions of Interest closing Thursday 10th April 2014 at 4pm AEST.