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Gorman Commercial - Real Estate

Unit 1, 10 Sydney Road Bayswater, VIC 3153

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Unit 1, 10 Sydney Road,
Bayswater, VIC 3153

Warehouse, Factory & Industrial
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Sale - Auction Wed 21 Aug

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Gorman Commercial - Real Estate
Nathan May
Tom Maule

Gorman Commercial - Real Estate

415 Riversdale Road
HAWTHORN EAST, VIC 3123
Gorman Commercial - Real Estate
Unit 1, 10 Sydney Road
Bayswater, VIC 3153

Map of Unit 1, 10 Sydney Road

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  • Train stations within 5 km of Unit 1, 10 Sydney Road, Bayswater, VIC 3153Distance
    Bayswater Station1.5 km
    Heathmont Station1.8 km
    Boronia Station3.5 km
    Ringwood East Station3.6 km
    Ringwood Station3.6 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Unit 1, 10 Sydney Road, Bayswater, VIC 3153Distance
    Sydney Rd/Mountain Hwy (Bayswater)62 m
    Mountain HwyStud Rd132 m
    Marlborough Rd/Mountain Hwy (Bayswater)482 m
    Kumala RdMountain Hwy561 m
    Phyllis St/Stud Rd (Bayswater)593 m
    POWERED BY HERE ©
POWERED BY HERE ©

TRIPLE NET LEASE TO LONG STANDING TENANT OF 30+ YEARS

  • Income: $111,953 pa + GST + Outgoings
  • New 5 year lease to longstanding tenant
  • Blue chip tenant - ARC/Infrabuild
Gorman Commercial is pleased to offer Unit 1, 10 Sydney Road, Bayswater for Sale by Public Auction on Wednesday 21st August at 12 noon on-site.

On offer is a secure industrial investment, leased to longstanding tenant, The Australian Reinforcing Company (ARC) and conveniently positioned near the intersection of Mountain Highway and Stud Road.

Key property features include:

* Leased to The Australian Reinforcing Company (ARC), a brand of Infrabuild
* Income: $111,953 pa + GST + Outgoings
* New Five (5) year lease from January 2024 plus options
* Triple NET lease, with land tax and management fees included in recoverable outgoings
* Building area: 965 sqm approx.
* Six metre internal warehouse ceiling height
* Two roller doors providing excellent entry/exit for trucks and deliveries
* Leased to long standing tenant in occupation for over 30 years
* ARC is a brand of Infrabuild, a national steel manufacturing, distribution and recycling business
* Recent internal renovation works completed by Tenant to upgrade amenity of property.
* Surrounded by excellent arterial routes (Mountain Highway, Stud Road & Eastlink) and within one of Melbourne’s most in demand industrial precincts.

Property ID: 504643616Last Updated: 19 Jul 2024

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