Belle Property Commercial Melbourne East is delighted to present For Sale, this outstanding property located in the thriving Upper Ferntree Gully light industrial precinct. Total lettable area is 494 sqm*. Average spring height is 5.5m* and the powered roller door with a clearance of 4.9m facilitates large vehicle access and additional warehouse space. The property currently includes a number of office and meeting spaces, a fully equipped kitchen & dining hall, a separate kitchenette and a large, open warehouse or factory area. Features include air conditioning, toilets (including ambulant toilet & shower facilities) as well as twelve (12) dedicated parking spaces. Current council permitted use for the property is a place of worship & assembly, office and storage facility. There is a one-year term remaining on the existing lease with a further three-year option from 01/10/2025. The property attracts an annual rent of $58,339 + GST and Outgoings with 3% fixed annual increase and market review at option renewal. This versatile property would suit a wide variety of applications, and the leafy location is an added bonus.
Total Building Area 494 sqm
Average Spring Height: 5.5m *
Powered Roller Door Clearance: 4.9m *
1 year remaining on current lease term
Further 3 year option from 01/10/2025
$58,339 per annum rent plus GST and Outgoings
Council permitted place of worship & assembly, office and storage facility
Twelve (12) Parking Spaces
Air Conditioning
Toilet & Shower Facilities (Including Ambulant)
Kitchen & Kitchenette
Wheelchair Access
Offices
Flexible Layout
Commercial 2 Zone (2)
*Approximately
For more information contact Jarrod Peterson on 0409 408 544 at Belle Property Commercial Melbourne East!