4/4 Garden Road,
Clayton, VIC 3168
Offices • Warehouse, Factory & Industrial
Price information
Sold
$710,000
Key property information
Floor area
Zoning
Tenure type
Sold on
Return
Map of 4/4 Garden Road
Quality Low Risk Multi-Tenancy Investment With High Return of 8.13%!! Potential to part occupy !
This quality building with substantial fit out comprises a two level office of 285m2 (approx), and a high clearance warehouse of 100m2 (approx) with excellent container height roller door access.
The office features open plan areas, glass partitioned offices, meeting room, kitchenette and amenities. Further features include ample natural light, ducted heating/cooling and an alarm system. Further enhancing the property is an attractive façade, 4 onsite car spaces and ample visitor parking.
The property comprises five (5) tenancies offering a total return of $56,150 per annum (estimate on a fully leased basis). With a healthy return of 8.13% and a low risk investment whereby if there is one (1) vacancy you'll have 4 other leases generating a return and minimising vacancy, this investment ticks all the boxes!
The property is positioned within the Wellington Road Business Park; a well maintained estate featuring the convenience of easy access to Princes Highway, Wellington Road and Monash Freeway.
The office features open plan areas, glass partitioned offices, meeting room, kitchenette and amenities. Further features include ample natural light, ducted heating/cooling and an alarm system. Further enhancing the property is an attractive façade, 4 onsite car spaces and ample visitor parking.
The property comprises five (5) tenancies offering a total return of $56,150 per annum (estimate on a fully leased basis). With a healthy return of 8.13% and a low risk investment whereby if there is one (1) vacancy you'll have 4 other leases generating a return and minimising vacancy, this investment ticks all the boxes!
The property is positioned within the Wellington Road Business Park; a well maintained estate featuring the convenience of easy access to Princes Highway, Wellington Road and Monash Freeway.
Property ID: 500885231Last Updated: 2 Oct 2019
04045303...
4/4 Garden Road
Clayton, VIC 3168
CVA Property Consultants - Melbourne18-20 Russell Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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