1-3 Joyce Street,
Springvale, VIC 3171

Warehouse, Factory & Industrial

Price information

Sold

Contact Agent

Key property information

Floor area

Municipality

Sold on

Map of 1-3 Joyce Street

Directions

High Yield, 2 Tenants, Great Investment!

Auction - Wed 10th December @ 12 noon on site

Modern warehouse premises with two clean tenants, at settlement will be returning approx $63,000 per annum net, both tenancies with street frontage:

1 Joyce Street:

* Leased to DDC Tool & Plastic Industries Pty Ltd
* Existing 2 year lease expires December 2009, tenant has a 3 year option,
* Current return of $24,840 with a CPI increase on 1st January 2009
* Tenancy area of 414 sqm approx.

3 Joyce Street:

* Leased to Rollerskate Investments Pty Ltd
* Existing lease expires 6th January 2011, tenant has 2 further terms of 2 years
* Current return of $35,520 per annum net with a CPI increase 6th January 2009
* Tenancy area of 592 sqm approx.

For more details and inspection, please call Gavin Dumas 0411 878 4...

Property ID: 5471968Last Updated: 6 Oct 2014

04118784...

1-3 Joyce Street

Springvale, VIC 3171

04118784...

Crabtrees Real Estate - Melbourne

1/11-15 Smeaton Avenue Dandenong South & 20-22 Atherton Road
OAKLEIGH, VIC 3166

Gavin Dumas
04118784...

Sending email...

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.