Class Investment with International Tenant!

Sale Details

Sold on 23 Jul 2018 for $1,300,000

Description

CVA Property Consultants are excited to offer this property for sale with long standing tenant Rexel.

Having occupied this property since circa 2001, Rexel have been contributing to the development of the trade electrical supplies distribution market worldwide for nearly 50 years and operate in 32 countries with over 2,000 branches.

This class investment features:

- Ground floor showroom of 460 m2*
- Separate first floor office of 127 m2*
- Anticipated net rental of $86,500 per annum (currently returning $61,156.25)
- Each floor fully independent and air conditioned
- 16 allocated car spaces

The property has frontage to the very busy Geelong Road leading to Princes Freeway with 36,000* cars passing daily and immediate access to the Westgate Freeway via Millers Road.


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