17 Scoresby Road,
Bayswater, VIC 3153
Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Tenure type
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Crabtrees Real Estate - Melbourne
1/11-15 Smeaton Avenue Dandenong South & 20-22 Atherton RoadOAKLEIGH, VIC 3166
17 Scoresby Road
Bayswater, VIC 3153
Map of 17 Scoresby Road
MAIN ROAD INDUSTRIAL INVESTMENT OPPORTUNITY!
- FREEHOLD INVESTMENT OPPORTUNITY
- RETURNING $160,683 PA NET + GST
- BUILDING 1,270 SQM; LAND 2,315 SQM
Crabtrees Real Estate are excited to offer 17 Scoresby Road, Bayswater for Sale via Expressions of Interest closing Wednesday 17th December at 3pm.
This property offers an exceptional and secure investment with strong underlying value. It provides stable income for the opportunistic purchaser today, while also allowing for longer term upside through future re-development potential or owner occupation on a prominent main road location.
Investment Summary:
+ Tenant: Rubber Crumb Pty Ltd
+ Rental: $160,683.75 per annum plus Outgoings + GST
+ Five (5) year lease from April 2023
+ One (1) further term of (5) five years
+ Four (4) months bond
+ 3.5% rent reviews annually with market review at end of term
Key Features:
+ Total land area of 2,315 sqm* with excellent exposure to Scoresby Road
+ Total building area of 1,270 sqm* with two self contained industrial buildings
+ Flexible building configuration providing a broad range of options
+ Industrial 1 zoned
A true rarity in today's low-supply eastern industrial market, 17 Scoresby Road, Bayswater is a high-performing asset with enduring appeal and future upside.
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!
This property offers an exceptional and secure investment with strong underlying value. It provides stable income for the opportunistic purchaser today, while also allowing for longer term upside through future re-development potential or owner occupation on a prominent main road location.
Investment Summary:
+ Tenant: Rubber Crumb Pty Ltd
+ Rental: $160,683.75 per annum plus Outgoings + GST
+ Five (5) year lease from April 2023
+ One (1) further term of (5) five years
+ Four (4) months bond
+ 3.5% rent reviews annually with market review at end of term
Key Features:
+ Total land area of 2,315 sqm* with excellent exposure to Scoresby Road
+ Total building area of 1,270 sqm* with two self contained industrial buildings
+ Flexible building configuration providing a broad range of options
+ Industrial 1 zoned
A true rarity in today's low-supply eastern industrial market, 17 Scoresby Road, Bayswater is a high-performing asset with enduring appeal and future upside.
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!
Additional information
External websites
Bayswater, 3153 demographic data
The median household income for Bayswater is $1,598, 16% lower than Greater Melbourne's household income of $1,901. Bayswater has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 56% of property owners in Bayswater have a mortgage.
12,262
Population
$1,598 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
Crabtrees Real Estate - Melbourne 1/11-15 Smeaton Avenue Dandenong South & 20-22 Atherton Road
OAKLEIGH, VIC 3166
OAKLEIGH, VIC 3166
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