586 Ballarat Road, Albion, VIC 3020

  • 1250 sqm
  • 16

For sale

$3,300,000 O.N.O

Outstanding Corner Location Investment. Act Now.

• Total Building Area: 1250 sq/m (approx)

• Main Road Corner exposure with easy access to Western Ring Rd & major arterial roads

• 6 car spaces on site

• 2 container height roller shutter door access

• Well-appointed offices & mezzanine

• Rigid perimeter fencing

• Tenancy 1 (Warehouse): Commenced 1st April 2018 5×5 year lease. 3% fixed increases market at option. Rental $123,600 plus Gst

• Tenancy 2 (Billboard): Commenced 1st July 2013. 10 year lease 3% fixed increases. $23,880 plus Gst

• Total passing rental income $151,188 per annum plus Gst.

• Terms: 10% deposit. Balance 30/60 days

Property Info:
  • Property ID: L1278051
  • Property Type: Industrial/Warehouse
  • Building / Floor Area: 1250 sqm
  • Car Spaces: 16