Unit 10, 419 - 425 Old Geelong Road,
Hoppers Crossing, VIC 3029

Warehouse, Factory & Industrial

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Map of Unit 10, 419 - 425 Old Geelong Road

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The Golden Mile Investment!

CVA Property Consultants are pleased to offer Unit 10, 419-425 Old Geelong Road, Hoppers Crossing for private sale.

This 312m2* modern high clearance office / warehouse presents an outstanding opportunity to secure this excellent investment leased to Trax Industries who specialise in 4x4 accessories and mechanical repairs, Trax Industries lease commenced 2nd January 2016.

Investment Summary
Tenant: Ciscos Consulting Pty Ltd trading as Trax Industries
Current Rental: $20,000.00 per annum net
Lease Term: Renewed 2 year lease from 2nd January 2018
Further Term: One term of 2 years

Strategically located on the famous Golden Mile, the property is 1.2km* from the Princes Freeway and its associated arterial linkages and is neighboured by national tenants including Pet Stock, United Tools, KFC Chemist Warehouse, Harvey Norman complex and Bunnings Warehouse.

For further information please contact CVA Property Consultants.

*Approx
Pricing excludes GST.

Hoppers Crossing, 3029 demographic data

The median household income for Hoppers Crossing is $1,580, 17% lower than Greater Melbourne's household income of $1,901. Hoppers Crossing has a similar age profile compared to the rest of Greater Melbourne (median age 37). Property ownership data shows 52% of property owners in Hoppers Crossing have a mortgage.

37,216

Population

$1,580 per week

Median household income

37 years

Median age

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Most residents

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