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Burgess Rawson - Melbourne

196 Warrigal Road Oakleigh, VIC 3166

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196 Warrigal Road,
Oakleigh, VIC 3166

Shops & Retail • Medical & Consulting • Offices

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Burgess Rawson - Melbourne
Shaun Venables

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
04118608...
Burgess Rawson - Melbourne
196 Warrigal Road
Oakleigh, VIC 3166

Map of 196 Warrigal Road

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High Exposure Freehold Investment

  • Renewed 7 Year Lease to 2027
  • Prime North & Warrigal Rd Intersection
  • Tenant pays usual outgoings
+ Renewed 7 Year lease to Aug 2027 plus options to 2041
+ Lease to successful and longstanding tenant, same location for 10+ years
+ 250sqm well presented 2 level building with high quality capital intensive 2020 new fit-out
+ Prime 137sqm site with premium commercial 1 zoning
+ Irreplaceable position at the intersection of Warrigal Road and North Road
+ Fixed 2.5% rent increases
+ Tenant responsible for usual outgoings
+ Single tenant minimum management investment
+ Oakleigh: 2km from Chadstone Shopping Centre and 15km from the Melbourne CBD
+ Net income: $62,995 pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 31 March 2021

Property ID: 503772782Last Updated: 1 Jun 2021

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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

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