37 Malcolm Road Braeside VIC 3195

Don't miss the opportunity to secure this fantastic investment with plenty of upside located in the heart of the Braeside Industrial Precinct.
The excellent holding is located on the corner of Malcolm Road and Mason Drive with excellent exposure and positioning.

The clear span warehouse has excellent flow and natural light with roller doors to Mason drive and a rear yard. The good sized office and amenities ensure the building is ideal for a far range of different uses.

Securely leased through to 2026 with an additional two (2) year option the property provides excellent security and passing income.
The property is located a short distance from the Mordialloc bypass ensuring ease of access to major arterials.
Inspections are strictly by appointment only beginning from Monday the 21st of October.

Lease Details:
Rental: $131,782.92**
Lease Start: 01/08/2021
Term: Five (5) years
Further Term: Two (2) years
Increases: Fixed 3% annually

Braeside is positioned to the south-east of Melbourne's central business district, approximately 26kilometres* away. It enjoys convenient access to several major roads, such as Nepean Highway, Lower Dandenong Road, Springvale Road, Eastlink, and the 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.**