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RWC  - Glen Waverley

9/24 Longstaff Road Bayswater, VIC 3153

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9/24 Longstaff Road,
Bayswater, VIC 3153

Warehouse, Factory & Industrial • Shops & Retail

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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

RWC - Glen Waverley

169 Coleman Parade
GLEN WAVERLEY, VIC 3150
04003804...
RWC  - Glen Waverley
9/24 Longstaff Road
Bayswater, VIC 3153
RWC - Glen Waverley
169 Coleman Parade
GLEN WAVERLEY, VIC 3150
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