INVESTMENT SALE HIGHLIGHTS:
- Brand new 3x3 year lease to Argus Technologies
- Returning $95,000 net annually*
- 3.5% annual increases*
- 3 months security bond
Located in the heart of the hi-tech Monash precinct approximately 20km south-east of Melbourne's CBD. The building is easily accessible via the Monash Freeway, Eastlink and is well-serviced by a network of major roads including Springvale Road, Wellington Road and Princes Highway.
Argus Technologies have recently signed a new lease on the property. Key features of the property include a corporate office component, generous car park allocation and capability for growth which is what attracted the tenant to the property. Argus Technologies Pty Ltd a subsidiary of L+O Technologies, L+O Technologies has grown into one of the most successful, respected and trusted Electrical contracting Groups in the domestic building sector in Australia.
- Two level office - 323sqm*
- Air conditioning over both levels
- Warehouse size 348sqm*
- High clearance warehouse (6.5m)
- Total building area - 671sqm*
- 17 car parks
*denotes approx
ONSITE AUCTION WEDNESDAY 20TH SEPTEMBER 2018 AT 2.30PM