Description: Located on one of Carrum Downs busiest roads in the heart of the Carrum Downs Industrial precinct, with easy access to freeways and Frankston-Dandenon Road.
Auction Friday 26th March @ 11.00am on site.
The property comprises four brick and concrete tilt slab office/warehouses on one title.
Built in the mid to late eighties, the buildings provide plenty of scope for further improvement and also subdivision (STCA). Three of the Units are currently leased providing a net rental of $65,213.04, while Unit 2 is vacant. Potential total income is in the order of $100,000p.a. (net) plus GST.
Individual Unit Sizes are as follows:
Unit 1: 270sqm (approx)
Unit 2: 625sqm (approx)
Unit 3: 625sqm (approx)
Unit 4: 270sqm (approx)
This is an exceptional opportunity for an investor or developer to further enhance this main road property and capitalise on future rental returns.
For Further Details:
Richard Wraith 0419 564 528
Car Parking: Contact Agent For Further Details
GST: Sale price quoted is exclusive of GST.
Contact: Richard Wraith - 0419 564 528
richardw@cd.nicholscrowder.com.au
