Call now to secure this fantastic little investment located on Boundary Road right in the heart of the Braeside/Mordialloc Industrial Precinct.
Securely leased to Middy's at a rental of $37,440pa** plus GST (if applicable), recently renewed the two (2) year term runs through until 31/05/2026 and has two (2) further options of two (2) years.
The property is ideal for a new investor entering the commercial market or a seasoned investor looking to add to their portfolio.
Lease Details:
Rent: $37,440pa** plus GST (if applicable)
Lease Start: 01/06/2024
Term: Two (2) years
Further Terms: Two (2) years + Two (2) years
Increases: CPI annually, market at renewal
Inspections Strictly by appointment only.
Braeside is positioned to the south-east of Melbourne's central business district, approximately 26 kilometres away. It enjoys convenient access to several major roads, such as Nepean Highway, Lower Dandenong Road, Springvale Road, Eastlink, and the recently constructed Dingley & Mordialloc Bypass. The area is also surrounded by a range of attractive amenities, including Moorabbin DFO, Moorabbin Airport, and highly regarded golf courses.
*All sizes are approximate
**All figures are GST exclusive unless otherwise stated. GST is payable in addition to amounts quoted.
