9/24 Longstaff Road,
Bayswater, VIC 3153

Warehouse, Factory & Industrial • Shops & Retail

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Map of 9/24 Longstaff Road

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Sturdy Investment Currently Returning $32,448 PA

In the tightly held pocket of Bayswater's industrial precinct, 6.5km from Eastlink and easily accessible from Dorset Road and Mountain Highway lies a steady and comparatively affordable investment. The property is currently occupied by 'The Barn Live' on a five year lease to November 2021, paying $32,448 Per annum Plus GST and outgoings.
Internally, the property has been converted to a licenced function venue with provisions for live music, a mostly open floor area and an enclosed first floor space; the only venue of its kind for miles.

Highlights include:
• 353m2* total floor area
• 5 year lease to November 2021
• 2 x 5 year options
• Returning $32,448 per annum plus GST and outgoings
• 4% annual rental increases
• Unique internal finish
• 20+ year old business

Auction Wednesday 18th September @1pm on site, call or email today for further information.

Property ID: 503300118Last Updated: 17 Nov 2019

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