29/324 Settlement Road Thomastown VIC 3074

CURRENTLY RETURNING $25,000 PER ANNUM NET
NEW LEASE TO ESTABLISHED DRESS-HIRE TENANT
WELL POSITIONED AND AFFORDABLE INVESTMENT

Jellis Craig are pleased to offer for sale (via auction) this well positioned modern warehouse in one of Thomastown's boutique industrial complexes.

Ideally located on Settlement Road and within meters of national retailers such as Beacon Lighting, Adriatic Furniture, JB Hi-Fi, United Tools, Repco, Supercheap Auto and Bunnings to name a few, and enjoying the convenience of being easily accessible to the Western Ring Road, Hume Highway and other major arterial roads, this property is a must have for any astute investors portfolio!

Features:

- Passing income of $25,000 pa net, with annual increase
- Two (2) year lease from January 2023 with further options remaining
- Total floor area: 125 sqm (approx.)
- First floor office: 35 sqm (approx.)
- Clear span and high-clearance warehouse
- Motorised roller door
- Office with heating / cooling
- Kitchenette
- Toilet and shower facilities
- Onsite car parking
- Suitable for variety of uses (STCA)

Please contact the exclusive sales and marketing agents for further information Auction onsite Thursday, 18 May 2023 at 1pm (unless sold prior).