IMMEDIATE SALE

Gross Waddell ICR is pleased to present 226 Plenty Road, Preston For Sale.

This is the perfect opportunity to secure a well-located, warehouse investment with retail frontage. The property offers versatility for tenants and future owner occupiers having the ability to have a warehouse and retail at the same location. The property is situated on Plenty Road providing great exposure and easy access from either the front of the property or rear access via the R.O.W.

Public transport is a big plus with passing trams at your doorstep and a very active bus line running along Bell Street. This tenanted investment would suit investors and future owner occupiers looking to secure a well-located property which provides ultimate versatility.

- Rental Income: $32,781 p.a.
- Warehouse with retail frontage
- Rear roller door access
- Main road exposure
- Plenty Road frontage and rear R.O.W.
- Versatile building providing great options and opportunity.
- Public transport access
- Great investment opportunity or suitable for future owner occupier
- Land area: 305 sqm*
- Building area: 250 sqm*
- Flexible Commercial 1 Zoning

Lease details:
- Rental Income: $32,781 p.a.
- Term: Two (2) years
- Commencement date: 7th August 2022
- Fixed 3% Annual Increase
- Fixed 3% increase at option
- Option: Two (2) years
- Tenant pays Outgoings

Sale Terms:
- 10% deposit
- 60/90-day settlement