10/170 Boundary Road Braeside VIC 3195

Located in the heart of the Braeside Industrial precinct this investment opportunity is not to be missed.

The food factory is comprised of a total 1,512 sqm which includes various processing rooms, store rooms, kitchens, cool rooms and offices. The existing tenant has recently signed a new five (5) year lease with options potentially taking the tenure through to 2038.

With a rear yard totaling 1,100 sqm, the property has long term development potential for a savvy investor.

Lease Details:

Rental: $225,000pa plus GST & Outgoings
Lease Commenced: 1st July 2023
Term: Five (5) years
Further Terms: Five (5) years + five (5) years
Increases: CPI annually, market reviews at expiry.

Sale Price: $3,200,000, 10% deposit, settle 60/90 days

The lease terms, location, and future potential is an opportunity not to be missed. The opportunity won't be available long, call now to ensure you don't miss out.

Inspections are strictly by appointment only.