Tsimos Commercial in conjunction with CVA Property are delighted to offer this well located warehouses for sale.
This sub-$500k Industrial Warehouse is a rare find. Currently leased to a local cabinet maker, who recently renewed their lease for an additional two years.
This is an affordable investment perfect for your SMSF - providing immediate rental income while allowing for future occupancy.
Key Details:
• Current Lease: Local cabinet maker, $25,000 pa + outgoings + GST
• Lease Term: Occupied since October '22; renewal commencing 13 October '24
• Building Size: 150 sqm* with roller door access
• Zoning: Industrial 1
• Parking: 2 car spaces on Title + 14 additional on-site
• Location:
o 800 m* to Mordialloc Freeway
o 3.1 km* to Dingley Bypass
o 2.4 km* to Nepean Highway
Asset Highlights:
• Attractive Returns: Secure rental income with growth potential
• Future Occupancy: Ideal for local trade operators considering long-term use
• Strategic Location: Bayside area with high demand and limited warehousing availability
This property is a front-runner for both investors and owner-occupiers or the SMSF, making it a compelling opportunity in the current market where small industrial units are rare.
Don't miss out on the chance to secure this asset.
*Approx.
To discuss this opportunity further, please contact one of the agents below.