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Nichols Crowder - Carrum Downs

25 Simcock Street Somerville, VIC 3912


25 Simcock Street,
Somerville, VIC 3912

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Nichols Crowder - Carrum Downs
Tom Crowder
Joshua Monks

Nichols Crowder - Carrum Downs

1 Colemans Rd
Nichols Crowder - Carrum Downs
25 Simcock Street
Somerville, VIC 3912

Map of 25 Simcock Street


Land Holding with Long Term Income

Occupied by Utow caravans, the business has occupied the site since early 2010 and have just signed a new 5-year lease with three personal directors guarantees expiring January 2029.

Returning $69,000 per annum + GST and all outgoings, there are 4% annual increases bringing the average annual rental of $74,745 per annum over the next 5 years.

The 2,020sqm* industrial zoned site is in an excellent position on Simcock Street and includes a 210sqm* office/warehouse constructed in 2010.

Notable features include:

* Full perimeter fencing
* Two driveway crossovers
* Amenities including a toilet and kitchen
* Heating/cooling, CCTV
* All services connected including, power, water, telephone, sewer
* Level crushed rock, hard stand surface

Industrial land on the Mornington Peninsula is almost exhausted, and this is a rare opportunity to secure a long-term appreciating asset with further development potential, so don't miss this investment opportunity.

For further information or to arrange an inspection, please contact the listing agents.


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

Property ID: 504484332Last Updated: 4 Mar 2024

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