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1/272-280 Boundary Road Braeside, VIC 3195

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1/272-280 Boundary Road,
Braeside, VIC 3195

Warehouse, Factory & Industrial

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Map of 1/272-280 Boundary Road

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Premium Investment with National Tenant

  • TIGHTLY HELD LOCATION
  • SECURE LONG STANDING NATIONAL TENANT
  • ANNUAL 3% INCREASES
Crabtrees are pleased to offer for sale by public auction this excellent main road investment with national tenant.

Lease details:

+ Tenant: PETstock (Braeside) Pty Ltd

+ Term: 3 year lease from 1st January 2017 with one 3 year option

+ Rent: $63,325 per annum NET

+ Reviews: Annual 3% rent increases with market review in January 2020

+ Outgoings: All outgoings permissible are payable by the lessee

Features:

+ Solid highly functional main road premises

+ Long term secure national tenant in occupation since 2000

+ Total building area of 745m² approximately

+ Good warehouse height

+ Container height roller door

+ Ample off street parking

About PETstock:

Founded in regional Victoria in 2002, PETstock is a 100% Australian owned pet specialty retailer with 140+ sites across Australia and New Zealand, an online store and a charity foundation.

Located in a tightly held location this is a very rare opportunity to secure a main road investment with a quality national tenant.

AUCTION: WEDNESDAY 13TH SEPTEMBER AT 1:00pm ON SITE

Property ID: 502509854Last Updated: 15 Nov 2017

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1/272-280 Boundary Road
Braeside, VIC 3195
Crabtrees Real Estate - Melbourne
1/11-15 Smeaton Avenue Dandenong South & 20-22 Atherton Road
OAKLEIGH, VIC 3166

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