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12/31 Keysborough Close Keysborough, VIC 3173

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12/31 Keysborough Close,
Keysborough, VIC 3173

Warehouse, Factory & Industrial • Offices

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Map of 12/31 Keysborough Close

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High Quality Tenanted Investment – Circa 6%

  • Lease expiry 2020
  • Functional building floorplan
  • Excellent location
12/31 Keysborough Close represents an excellent opportunity to purchase an investment with a new lease that expires in 2020, returning $45,000 net per annum plus GST and outgoings with strong rental growth of 3% annual increases.

Property features:

- Office: 200sqm
- Warehouse: 304sqm
- Total Building Area: 504sqm
- Zoning: Commercial 2 Zone
- Leased to a well established pharmaceutical supplies company occupying two other buildings in the same development
- Close proximity to Dingley/Dandenong Bypass
- Moments from intersection of Cheltenham and Springvale Roads
- Located in strongly trading industrial development
- Amenities over both levels
- 6 allocated parks on site plus visitor parking

Tenancy details:

- Lease Commencement: Thursday 1st June 2017
- Lease Term: Two (2) years and eight (8) months
- Lease Option: Two further terms of one (1) year
- Commencing Net Rental: $45,000 per annum plus GST
- Rental Increases: 3% p.a. and reviewed to market after options exercised

Property ID: 502428490Last Updated: 19 Sep 2017

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12/31 Keysborough Close
Keysborough, VIC 3173
Knight Frank - Eastern Office
Level 3 10 Nexus Court
MULGRAVE, VIC 3170

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