227-229 Mt Alexander Road,
Ascot Vale, VIC 3032
Warehouse, Factory & Industrial • Showrooms & Large Format Retail
Price information
Sold
Contact Agent
Key property information
Floor area
Tenure type
Sold on
Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
227-229 Mt Alexander Road
Ascot Vale, VIC 3032
Map of 227-229 Mt Alexander Road
Well Established Tenant – New 10 Year Lease
****SOLD****
Prominently located on the corner of Mt Alexander Road and Ailsa Street providing 54m* street frontage and great signage rights. This well packaged investment has a long ten (10) year lease delivering a yearly rental of $175,000 Net +GST with a strong 4% annual increase.
The proximity to Melbourne’s CBD (4kms*), the access to the M2 City Link on ramp (850m*) and public transport makes this a highly desirable location.
Key Property Highlights:
• Ten (10) year term (commenced 1st September 2022)
• Current Rent: $175,000 Net +GST
• Further options: five (5) years + five (5) years
• Fixed 4% annual increase
• Single level corner building with a combine street frontage of 54*m (Mt Alexander Rd & Ailsa St)
• Total building area 800 sqm*
• Total land holding of 800 sqm*
• Commercial 1 Zone (C1Z)
We welcome your interest and the opportunity to book a private inspection, kindly contact one of the exclusive sales agents from Gross Waddell ICR.
Prominently located on the corner of Mt Alexander Road and Ailsa Street providing 54m* street frontage and great signage rights. This well packaged investment has a long ten (10) year lease delivering a yearly rental of $175,000 Net +GST with a strong 4% annual increase.
The proximity to Melbourne’s CBD (4kms*), the access to the M2 City Link on ramp (850m*) and public transport makes this a highly desirable location.
Key Property Highlights:
• Ten (10) year term (commenced 1st September 2022)
• Current Rent: $175,000 Net +GST
• Further options: five (5) years + five (5) years
• Fixed 4% annual increase
• Single level corner building with a combine street frontage of 54*m (Mt Alexander Rd & Ailsa St)
• Total building area 800 sqm*
• Total land holding of 800 sqm*
• Commercial 1 Zone (C1Z)
We welcome your interest and the opportunity to book a private inspection, kindly contact one of the exclusive sales agents from Gross Waddell ICR.
Explore property virtually
Video
Property ID: 504289424Last Updated: 27 Jun 2023
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from Gross Waddell ICR - Commercial
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
393 Flemington Road,North Melbourne, VIC 3051 570 m²Warehouse, Factory & Industrial • Offices
Contact Agent
542-548 Victoria Street,North Melbourne, VIC 3051 632 m²Development Sites & Land • Offices • Warehouse, Factory & Industrial
Contact Agent
673-683 Spencer Street,West Melbourne, VIC 3003 1959 m²Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Offices