****** SOLD ******

Gross Waddell ICR is delighted to present for sale 37 Laser Drive, Rowville, an exceptional industrial investment located within a tightly held industrial precinct. This well-appointed and highly functional property offers 2 container height RSD's, quality office accommodation and comes securely leased to a bustling tenant.

• High quality warehouse and office sprawled across 1,276 sqm* of building area

• Substantial landholding of 2,020 sqm* with dual access and plenty of on-site car parks

• Securely leased to A2Z Flashings on a recently renewed lease

• 3-year term commencing 21st December 2023 with a further 3-year option

• Strong income profile of $150,000 net per annum with fixed annual increases and a market review at option

• Flexible Industrial 1 Zone (IN1Z) landholding with potential for further rental growth or ability to split into 2 tenancies (STCA)

• Tightly held industrial precinct and nestled just off Stud Road, Kelletts Road and Ferntree Gully Road

• Surrounded by a plethora of large format retail and shopping centres including Bunnings, Stud Park Shopping Centre and HomeCo Knoxfield

The property is for sale via an on-site Public Auction to be held at 12:00 pm on Wednesday the 31st of July 2024. For further information or to discuss this investment opportunity further, please contact the team at Gross Waddell ICR directly.

*approx.

 For further information, or an inspection of the premises, please contact an agent.