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25/21-43 Merrindale Drive
Croydon South VIC 3136
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Sold on 3 Sep 2024

25/21-43 Merrindale Drive Croydon South VIC 3136

  • Factory, Warehouse & Industrial
  • 352 m²
  • Sold

AUTOMATIC POINT OF DIFFERENCE: THIS ADDRESS.

    POINT OF INTEREST:

    Presenting a prime investment opportunity, this impeccably maintained office warehouse, located in a thriving industrial precinct, promises substantial returns and long-term security. Built just two years ago, the property is currently leased to Melbourne Roofing Group Pty. Ltd, a reputable tenant committed to a five-year lease starting from April 2023.

    Boasting a generous total building area of 352 sqm*, the warehouse features a spacious internal clearance of 8 meters*, ideal for accommodating a range of industrial operations efficiently. The property includes five allocated on-site car parks, enhancing convenience for both employees and visitors.

    Currently generating a robust passing income of $61,285 per annum plus GST and outgoings, this investment assures stable cash flow from day one. The lease terms with Melbourne Roofing Group Pty. Ltd. provide a solid foundation for consistent returns over the duration of the lease, offering investors peace of mind and financial security. Strategically positioned within a sought-after industrial hub, with easy access to major transport routes and amenities, this property represents an outstanding opportunity to acquire a high-quality asset with a reliable tenant in place. Don't miss your chance to secure this excellent investment in Melbourne's thriving commercial property market.

    -  Leased to Melbourne Roofing Group Pty Ltd
    -  5 year lease starting April 2023
    -  Passing Income $61,285 + GST and Outgoings
    -   352 sqm* of total building area.
    -   8 m* internal warehouse clearance.
    -   5 allocated on-site car parks.
    -   Full-height automatic roller door.

    POINT OF VIEW:

    They say business success is being at the right place at the right time. We’ve already established the place, but the time is down to who gets in first to secure this fine Investment.

    *Approx.
    Pricing excludes GST

    CVA Property Consultants Pty Ltd
    CVA Property Consultants Pty Ltd
    18-20 Russell Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold3 Sep 2024
    Floor Area352 m²
    Land AreaAsk Agent
    Parking5 x Onsite parkings
    Property ID2019392828
    Category
    Last updated  3 Sep 2024
    Map for 25/21-43 Merrindale Drive Croydon South VIC 3136
    CVA Property Consultants Pty Ltd
    CVA Property Consultants Pty Ltd
    18-20 Russell Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold3 Sep 2024
    Floor Area352 m²
    Land AreaAsk Agent
    Parking5 x Onsite parkings
    Property ID2019392828
    Category
    Last updated  3 Sep 2024

    Co-Agents

    Stan Dawidowski
    CVA Property Consultants Pty Ltd
    Call
    0400 448 755
    Jarrod Moran
    CVA Property Consultants Pty Ltd
    Call
    0413 251 621

    More about 25/21-43 Merrindale Drive Croydon South VIC 3136

    25/21-43 Merrindale Drive Croydon South VIC 3136 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 352 m². There are 5 x onsite parkings.The listing ID for this property is 2019392828.

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