15/24 Brand Drive Thomastown VIC 3074

Prime Office/Warehouse & caretaker residence, centrally located in one of Thomastown's premier industrial precincts, nearby to Dalton Road and the Metropolitan Ring Road.

Currently leased to Fiddes Sport, this property ensures immediate rental income and long-term value.

Key Features:
Strategic Location: Situated within a vibrant industrial precinct, surrounded by a diverse mix of retail and service-oriented businesses.
Established Tenant: Secure income with a reliable tenant.
Property Upside: The property would be suitable to a range of business.
Modern Amenities: The property is well-maintained and equipped with contemporary amenities, making it a desirable location for various business types.
Building area:
- Downstairs area: 221 sqm*
- First Floor: 144 sqm*
- Mezzanine: 80 sqm*
- Total: 445sqm*
Ample car parking: Available on-site.

Lease Details:

Rental: $60,000* net plus GST per annum
Term: 5 years
Option: 1 further term of 5 years
Commencement date: 1st December 2024
2% per annum increases with a market review at the exercise of option
1 month security deposit

*Approx

For further information and to book an inspection please be in contact with Benjamin Klein on 0433 047 000 or Graham Hicks on 0423 009 900