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12/18-22 Lexia Place Mulgrave, VIC 3170

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12/18-22 Lexia Place,
Mulgrave, VIC 3170

Warehouse, Factory & Industrial • Offices

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High Tech Quality Investment!

  • 5 year lease to Grundfos Pumps Pty Ltd
  • Quality premises in blue chip location
  • Returning $167,022 pa net
Quality building previously used as Daimler Chrysler training centre, refurbished to a high standard and now securely leased to Grundfos Pumps Pty Ltd. See www.grundfos.com

Features include:

+ Double level partitioned and air conditioned offices/training rooms

+ High bay warehouse/storage area with evaporative cooling

+ 22 on site car spaces

+ 5 + 5 year lease from November 2013

+ Returning $167,022 per annum net

+ Annual 4% increases

+ Bank Guarantee security of $100,000

Great opportunity for astute investors to secure a care free investment property leased to a well established long term national tenant at well below replacement cost in one of Melbourne's premier commercial locations.

Property ID: 501348831Last Updated: 24 Jan 2015

04183210...
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12/18-22 Lexia Place
Mulgrave, VIC 3170
Crabtrees Real Estate - Melbourne
1/11-15 Smeaton Avenue Dandenong South & 20-22 Atherton Road
OAKLEIGH, VIC 3166
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