19 Progress Drive,
Carrum Downs, VIC 3201

Leased to an established business with a long history in Australian motorsport, the tenant primarily supplies new parts to the industry.

The building itself is only eight years young, offering excellent depreciation benefits still available to be claimed.

Comprising 340sqm* of ground-floor building area and six on-site car parks, the property features an impressive internal clearance of up to 8.5 metres*.

Managed by Nichols Crowder (Carrum Downs), the tenant's payment record - including rent, outgoings, and Land Tax - has been faultless.

Currently returning $44,129 + GST + 100% of outgoings, with the rent set to increase to $45,894 in December this year.

At just eight years old, the property meets modern industrial standards and should remain virtually maintenance-free. Situated behind secure fencing and motorised gates, it provides a secure and low-maintenance investment opportunity.

An investment you can truly set and forget - contact Josh Monks today to arrange an inspection.

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

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