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Crabtrees Real Estate - OAKLEIGH

14-16 & 18-20 Teton Court Highett, VIC 3190

14-16 & 18-20 Teton Court,
Highett, VIC 3190

Warehouse, Factory & Industrial • Development Sites & Land

Price information

Sale - Expression of Interest closing Fri 16 Jul

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Key property information

Land area

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$210,000
Number of Tenants
1 Tenant
Tenants / Type
Ronson Gears Pty Ltd

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Crabtrees Real Estate - OAKLEIGH
14-16 & 18-20 Teton Court
Highett, VIC 3190
Crabtrees Real Estate - OAKLEIGH

Crabtrees Real Estate - OAKLEIGH

20-22 Atherton Road
OAKLEIGH, VIC 3166

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A PERFECT PAIR TO BE SOLD AS ONE!

  • SECURELY LEASED
  • INVESTMENT OPPORTUNITY
  • LOCATION
Crabtrees Real Estate are excited to offer 14-16 & 18-20 Teton Court, Highett for Sale by Expressions of Interest Closing Friday 16th July at 4pm.

This presents an outstanding opportunity for an astute investor to acquire two securely leased industrial buildings to be sold as one.

This is an outstanding investment opportunity with long term development potential.

Located in Teton Court just off Wickham Road and within close proximity to Chesterville Road, Cochranes Road, Warrigal Road, South Road and Nepean Highway.

14-16 TETON COURT

Investment Features:
+ Leased to Ronson Gears Pty Ltd
+ Ten (10) year lease from day of settlement plus two further terms of five (5) years
+ Current rental $95,000 per annum + GST & Outgoings
+ Annual 3% increases
+ Six (6) month Bank Guarantee

Building Features:
+ Total building area: 1,103 sqm
+ Total site area: 1,529 sqm
+ Good internal warehouse clearance
+ 2 tonne travelling crane
+ Above average power supply
+ 10 car parking spaces on-site

18-20 TETON COURT

Investment Features:

+ Leased to Ronson Gears Pty Ltd
+ Ten (10) year lease from 1st June 2021 plus two further terms of five (5) years
+ Current rental $115,000 per annum + GST & Outgoings
+ Annual 3% increases
+ Six (6) month Bank Guarantee

Building Features:

+ Total building area: 1,377 sqm
+ Total site area: 1,559 sqm
+ Two level partitioned offices: 310 sqm
+ Warehouse: 1,067 sqm
+ 10 car spaces at the front of the property

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Property ID: 503848670Last Updated: 18 Jun 2021

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Crabtrees Real Estate - OAKLEIGH
20-22 Atherton Road
OAKLEIGH, VIC 3166
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Chris McKenzie

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Chris McKenzie
Crabtrees Real Estate - OAKLEIGH
14-16 & 18-20 Teton Court Highett, VIC 3190

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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