12/8 Oleander Drive,
Mill Park, VIC 3082

Warehouse, Factory & Industrial

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LEASED INVESTMENT OPPORTUNITY - APPROX 5 PER CENT NET YIELD

NO GST PAYABLE

- Superbly located within Melbourne's booming northern growth corridor and in the heart of South Morang's Activity Centre, Axis Home Maker Centres, Bunnings and Westfield Shopping Centre
- Adjoining Hyundai and 500 metres from the new Mazda, Mitsubishi, Holden and Toyota dealerships
- Warehouse of 96sqm inclusive of kitchenette and toilet
- Returning $15,000 per annum ne t(Tenants pays all outgoings)
- Lease term 2 years from 26.2.2018 with a further 2 year option
- Fixed 4 per cent fixed annual rent increases with market review on year one of the option
- 4.5m high electric rear roller shutter door access
- Tax Depreciation benefits
- Key pad security access
- 2 Car spaces on title
- Zoned Commercial 1
- 3 phase power
A great property to add to or kick start your superfund or commercial investment portfolio.

Property ID: 503275230Last Updated: 26 Sep 2019

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