1/20 Miles Street Mulgrave VIC 3170

Crabtrees Real Estate are pleased to offer Unit 1/20 Miles Street, Mulgrave for Sale via Expressions of Interest closing Wednesday 4th December at 3pm.

This fully leased investment, secured by a long-standing food/cafe operator 'Cafe On Miles' located in one of Melbourne's most sought after Industrial precincts would be a tremendous addition to your property portfolio.

This investment provides key fundamentals, providing investors with secure income and stability.

Investment Summary:
+ Rental: $52,000 pa plus Outgoings & GST
+ New five (5) year lease from March 2024
+ One (1) further term of (5) five years
+ 4.25% rent reviews annually with market review at end of first term
+ 6 month bond

Key Property Details:
+ 122 sqm building area
+ 3 on-site car parks
+ Exposure to Miles Street Mulgrave
+ High foot traffic 'Cafe' with local support
+ A+ location only moments from Wellington Road, Monash Freeway, Princes Highway and just off Springvale Road

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!