Gross Waddell ICR is pleased to present an exceptional opportunity to secure a recently completed office warehouse investment, located just 15 km* from Melbourne's CBD and 5 km* from Preston, with convenient access to the Western Ring Road.

These contemporary office warehouse units feature modern exteriors and high-clearance spaces, making them versatile for a variety of uses. This is a "set and forget" investment, perfect for any property portfolio.

Investment overview:

• Rental income: $30,160 p.a.* +GST +Outgoings (As at 22nd Oct 2024)
• Term: Three (3) years
• Commencement date: 23rd October 2023
• Further options: Three (3) years
• Annual increase of 4% and market review at the option

Property Highlights:

• Total building area: 174 sqm*
- Warehouse area: 122 sqm*
- 1st floor office: 52 sqm*
• Air-conditioned 1st floor office
• Kitchenette and bathroom amenities
• 2 under cover car spaces
• Spring height 6.4 m*
• Roller door access
• Secure gated complex
• Wide driveways
• Newly completed complex Feb 2023
• 3 Phase Power
• NBN ready

*approx

To book a private inspection please contact the selling agents directly.