29/324 Settlement Road,
Thomastown, VIC 3074
Warehouse, Factory & Industrial • Shops & Retail • Other
Price information
Sold
$530,000
Key property information
Floor area
Sold on
Map of 29/324 Settlement Road
AN INVESTMENT THAT IS DRESSED TO IMPRESS
• CURRENTLY RETURNING $25,000 PER ANNUM NET
• NEW LEASE TO ESTABLISHED DRESS-HIRE TENANT
• WELL POSITIONED AND AFFORDABLE INVESTMENT
Jellis Craig are pleased to offer for sale (via auction) this well positioned modern warehouse in one of Thomastown’s boutique industrial complexes.
Ideally located on Settlement Road and within meters of national retailers such as Beacon Lighting, Adriatic Furniture, JB Hi-Fi, United Tools, Repco, Supercheap Auto and Bunnings to name a few, and enjoying the convenience of being easily accessible to the Western Ring Road, Hume Highway and other major arterial roads, this property is a must have for any astute investors portfolio!
Features:
- Passing income of $25,000 pa net, with annual increase
- Two (2) year lease from January 2023 with further options remaining
- Total floor area: 125 sqm (approx.)
- First floor office: 35 sqm (approx.)
- Clear span and high-clearance warehouse
- Motorised roller door
- Office with heating / cooling
- Kitchenette
- Toilet and shower facilities
- Onsite car parking
- Suitable for variety of uses (STCA)
Please contact the exclusive sales and marketing agents for further information – Auction onsite Thursday, 18 May 2023 at 1pm (unless sold prior).
• NEW LEASE TO ESTABLISHED DRESS-HIRE TENANT
• WELL POSITIONED AND AFFORDABLE INVESTMENT
Jellis Craig are pleased to offer for sale (via auction) this well positioned modern warehouse in one of Thomastown’s boutique industrial complexes.
Ideally located on Settlement Road and within meters of national retailers such as Beacon Lighting, Adriatic Furniture, JB Hi-Fi, United Tools, Repco, Supercheap Auto and Bunnings to name a few, and enjoying the convenience of being easily accessible to the Western Ring Road, Hume Highway and other major arterial roads, this property is a must have for any astute investors portfolio!
Features:
- Passing income of $25,000 pa net, with annual increase
- Two (2) year lease from January 2023 with further options remaining
- Total floor area: 125 sqm (approx.)
- First floor office: 35 sqm (approx.)
- Clear span and high-clearance warehouse
- Motorised roller door
- Office with heating / cooling
- Kitchenette
- Toilet and shower facilities
- Onsite car parking
- Suitable for variety of uses (STCA)
Please contact the exclusive sales and marketing agents for further information – Auction onsite Thursday, 18 May 2023 at 1pm (unless sold prior).
Property ID: 504305580Last Updated: 19 Jul 2023
Jellis Craig - Ivanhoe
153 Upper Heidelberg RoadIVANHOE, VIC 3079
29/324 Settlement Road
Thomastown, VIC 3074
Jellis Craig - Ivanhoe153 Upper Heidelberg Road
IVANHOE, VIC 3079
IVANHOE, VIC 3079
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.