INDUSTRIAL INVESTORS: THIS IS YOUR SIGN.

Overview

Description

For sale via Expressions of Interest closing 4th December 2024 at 12.00PM

The next Open for Inspection is Thursday 21st November at 3.00pm - 3.30pm. Please contact agent to register your attendance

POINT OF INTEREST:

If you’re in the market for a 1,058 sqm* plot of Carrum Downs land with an 810 sqm* building to generate high-returning income, this is an opportunity you want to act fast on.

Securely leased to Signversal Pty Ltd since 2014, the reputable print and signage company brings in a solid rental income of $110,000 per annum and recently renewed its lease agreement for another 5 + 5 + 5 years. There is also a gigantic signage opportunity on the rear of the building for millions of passing cars on east link annually.

Accessibility is spelled with a capital A in Carrum Downs: literally, thanks to the East Link that connects you to the CBD and Melbourne’s Peninsula that practically runs through your backyard, and figuratively, with the thriving industrial precinct being a compelling investment for anyone looking to capitalise on this high-yielding asset class.

- Total building area: 810 sqm*
- Land area: 1,058 sqm*
- Leased to Signversal since 2014.
- Current Income: $110,000 per annum.
- Lease Term: 5 + 5 + 5 years
- Current term commencement: 1st November 2024
- Industrial 1 zone.
- 10 on-site car spaces.
- Huge signage opportunity to East Link on rear of building.
- 1.6 km* from EastLink.
- 35 km* from Melbourne CBD.


POINT OF VIEW:

This property combines the best of high-yielding industrial investments with the stability of a long-term tenant in place. Seasoned and first-time investors, this is your sign.

*Approx.
Pricing excludes GST