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1-3 Taylor Street Yarraville, VIC 3013

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1-3 Taylor Street,
Yarraville, VIC 3013

Warehouse, Factory & Industrial

Price information

Sold

$1,600,000

Key property information

Floor area

Zoning

Tenure type

Sold on

Map of 1-3 Taylor Street

Directions

SOLD BEFORE AUCTION - Yarraville’s hottest investment

This is your opportunity to purchase a hassle-free, secure investment in an unbeatable, prime location situated only 4km from Melbourne’s CBD. When this property became available for lease last year, 10 inspections were had, 5 offers to lease were submitted and the property was leased within one week. This warehouse has been transformed into a commercial kitchen with all the relevant food-related permits and building permits approved.

We believe the most outstanding aspects of this property include:

- Ground floor area of 429sqm (approx.) with a 50sqm (approx.) first-floor office.
- Secure 5-year lease to KA Pies with a further 5-year option
- Current rental is $87,975 per annum plus GST & tenant pays all of the outgoings
- A security deposit equivalent to 5 months rent including GST
- Annual increases are fixed at 3.5%
- The property is across two titles providing flexibility down the track (STCA)
- Commercial kitchens are impossible to find and are hotly contested by tenants when they become available
- 800m to Yarraville station and 500m to Anderson Street retail precinct

If you would like to arrange an inspection please contact Cameron Hunter on 0424 122 446.


Property ID: 503331342Last Updated: 19 Dec 2019

03 9810 72...
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1-3 Taylor Street
Yarraville, VIC 3013
GormanKelly - Hawthorn
1 Oxley Road
HAWTHORN, VIC 3122

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