SOLD
196 Warrigal Road, Oakleigh, VIC 3166
High Exposure Freehold Investment
+ Renewed 7 Year lease to Aug 2027 plus options to 2041
+ Lease to successful and longstanding tenant, same location for 10+ years
+ 250sqm well presented 2 level building with high quality capital intensive 2020 new fit-out
+ Prime 137sqm site with premium commercial 1 zoning
+ Irreplaceable position at the intersection of Warrigal Road and North Road
+ Fixed 2.5% rent increases
+ Tenant responsible for usual outgoings
+ Single tenant minimum management investment
+ Oakleigh: 2km from Chadstone Shopping Centre and 15km from the Melbourne CBD
+ Net income: $62,995 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 31 March 2021
+ Lease to successful and longstanding tenant, same location for 10+ years
+ 250sqm well presented 2 level building with high quality capital intensive 2020 new fit-out
+ Prime 137sqm site with premium commercial 1 zoning
+ Irreplaceable position at the intersection of Warrigal Road and North Road
+ Fixed 2.5% rent increases
+ Tenant responsible for usual outgoings
+ Single tenant minimum management investment
+ Oakleigh: 2km from Chadstone Shopping Centre and 15km from the Melbourne CBD
+ Net income: $62,995 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 31 March 2021
Property Info
Municipality
Oakleigh
AUCTION
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Burgess Rawson Melbourne Melbourne
Level 7, 140 Bourke Street
Melbourne, VIC 3000
Tel: 03 9613 0400
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NEARBY PROPERTIES
Zomart He
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