Unit 12/18-22 Lexia Place Mulgrave VIC 3170

Knight Frank is excited to present 12/18-22 Lexia Place, Mulgrave for private sale.

The property is located 950 metres from the Monash Freeway (M1) which provides the ultimate accessibility to Melbourne's road network.

The current tenant Penta Grand has undertaken a significant refurbishment at their own cost.

Key Features include:

- Building area 1,075 sqm*
- Secure lease to Penta Grand
- Dual level office with training space
- Fibre internet connection
- Increased "3 Phase" power supply
- Four glass panel tilt doors to the warehouse
- Disabled toilet with shower facilities
- LED's installed throughout
- 22 carparks onsite
- 19.36 kw solar system installed

Tenancy Details
- Tenant Penta Grand
- $206,850 pa+ GST + Outgoings
- Brand new 5x5 year commencing 1st July 2024
- Annual increases of 3.5% with a market review at the option period
- Security deposit of 3 months rental + GST ($56,883.75)

Call your exclusive agents at Knight Frank for an Information Memorandum or to set up an inspection onsite.

*Indicates approximate