36-40 Crown Avenue,
Mordialloc, VIC 3195

3 SEPARATE WAREHOUSES ON 1 TITLE

Great Opportunity to Buy a Free Standing Multi Tenanted Warehouse in this Sort After Location.

Overlooking Doug Denyer Reserve, the property is on 783sqm* of land with 620sqm* of building area and 46m* of frontage to Crown Ave.

This property will appeal to Owner Occupiers, Investors and Developers.

Subdivision Potential (S.T.C.A.)

There are 3 separate warehouses all with roller door access to Crown Ave, small offices and amenities.

The property is zoned Industrial 1 and the 3 warehouses are currently tenanted to 2 separate tenants.
No. 40 - 180sqm* - Leased till 31/12/2020
No. 38 - 220sqm* - Monthly tenancy
No. 36 - 220sqm* - Monthly tenancy

The total income for the 3 properties is currently $46,394pa inc. GST + outgoings
There are no further options on the existing lease.

All Inquiries Contact John Black 04193419...

*Approx