Leased to Achieve Temperature, a local air conditioning and refrigeration business who are celebrating 20 years in business.

Achieve have just renewed for a new five year lease through until August 2028. The commencing rental is $47,500 per annum + GST and the tenant pays 100% of building outgoings. The lease has strong covenants and including directors guarantees, security deposit, one five year option and annual reviews in line with CPI.

The building area is 365sqm* plus an additional mezzanine floor of 147sqm* and is constructed on concrete panels and has a metal roof.

Situated in on 1,000sqm* of highly sought after industrial 1 zoned land, there are just two on the block and therefore is no owners corporation (Body corporate).

Carrum Downs has surged in popularity and now has the lowest vacancy rate in history. Accessibility is excellent with the entrance to Peninsula Link, Frankston Dandenong Road, Eastlink and the Frankston freeway within a short distance. The area will be further enhanced with the soon to be completed Lathams Road upgrade which sees two lanes in each direction and new interactions along the way.

Long term, secure investments like this rarely go online for sale and this one wont last long.

For more information or to arrange an inspection please contact:

Josh Monks 0409 335 1...


PLEASE NOTE:

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.