1259 Sydney Road,
Fawkner, VIC 3060
Warehouse, Factory & Industrial
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Car spaces
Parking info
Zoning
Tenure type
Sold on
Gross Waddell ICR Pty Ltd - Melbourne
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
03 9654 86...
1259 Sydney Road
Fawkner, VIC 3060
Map of 1259 Sydney Road
Secure Tenanted Investment – Established Business Over 40 Years
- NET income: $195,877 p.a.* + GST
- 60 Kwh solar system
- Ten (10) on-site car spaces*
ICR Property Group are delighted to exclusively offer For Sale 1259 Sydney Road, Fawkner.
1259 Sydney Road has an immediate NET rental income of $195,877 p.a. * making this property an ideal portfolio investment opportunity for a long-term hold and future value add.
The property has huge main road exposure (30.4 metres* frontage), close proximity to the Western Ring Road and anchored by the surrounding multinational retailers including Kia, KFC, Krispy Kreme, Enzed, Ibis, Dan Murphy’s, Hungry Jacks, Coles, Kmart, Aldi, Officeworks.
Key Asset features:
- Land area: 1,995 sqm*
- Building area: 1,655 sqm*
- Inc 200 sqm* office
- NET income: $195,877 p.a.* + GST
- Lessee: Well established business for over 40 years
- Term: Five (5) Years
- Commencement: 30th November 2017
- Options up to 2042
- Reviews: 3% annual increases
- Reception and waiting area
- Air-conditioning
- 60 Kwh solar system supplying approximately 80% of the power to run the body shop
- Ten (10) on-site car spaces*
- Commercial 2 Zoning
- 30.4 metres* frontage to Sydney Road
Location:
- Gowrie Train Station: 350 m*
- Western Ring Road / Metropolitan Ring Road: 1 kms*
- Bell Street: 4.8 kms*
- Melbourne CBD: 12 kms*
*Approx.
If you would like to organise a private inspection or to discuss this property in more detail, please contact one of ICR’s Exclusive Sales Agents below:
Raff De Luise - 0418 533 633
Julian Materia - 0498 188 011
Troy Crouch - 0411 727 095
Looking to Sell, Lease or Develop your Property? Contact ICR Property Group, the experts in Commercial Real Estate.
1259 Sydney Road has an immediate NET rental income of $195,877 p.a. * making this property an ideal portfolio investment opportunity for a long-term hold and future value add.
The property has huge main road exposure (30.4 metres* frontage), close proximity to the Western Ring Road and anchored by the surrounding multinational retailers including Kia, KFC, Krispy Kreme, Enzed, Ibis, Dan Murphy’s, Hungry Jacks, Coles, Kmart, Aldi, Officeworks.
Key Asset features:
- Land area: 1,995 sqm*
- Building area: 1,655 sqm*
- Inc 200 sqm* office
- NET income: $195,877 p.a.* + GST
- Lessee: Well established business for over 40 years
- Term: Five (5) Years
- Commencement: 30th November 2017
- Options up to 2042
- Reviews: 3% annual increases
- Reception and waiting area
- Air-conditioning
- 60 Kwh solar system supplying approximately 80% of the power to run the body shop
- Ten (10) on-site car spaces*
- Commercial 2 Zoning
- 30.4 metres* frontage to Sydney Road
Location:
- Gowrie Train Station: 350 m*
- Western Ring Road / Metropolitan Ring Road: 1 kms*
- Bell Street: 4.8 kms*
- Melbourne CBD: 12 kms*
*Approx.
If you would like to organise a private inspection or to discuss this property in more detail, please contact one of ICR’s Exclusive Sales Agents below:
Raff De Luise - 0418 533 633
Julian Materia - 0498 188 011
Troy Crouch - 0411 727 095
Looking to Sell, Lease or Develop your Property? Contact ICR Property Group, the experts in Commercial Real Estate.
Property ID: 503408362Last Updated: 3 Mar 2021
Gross Waddell ICR Pty Ltd - MelbourneLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Contact Agency
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.
More properties from Gross Waddell ICR Pty Ltd - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
5/34-36 King William Street,Broadmeadows, VIC 3047 162 m²Warehouse, Factory & Industrial
Contact Agent
30 Blaxland Avenue,Thomastown, VIC 3074 2214 m²Warehouse, Factory & Industrial • Showrooms & Large Format Retail