FOR SALE VIA EXPRESSION OF INTEREST CLOSING FRIDAY 4TH OF OCTOBER AT 12PM Lemon Baxter is thrilled to exclusively showcase this industrial gem in the heart of Spotswood's tightly held business hub. Just a short walk to the train station and retail strip, with seamless freeway access, this opportunity offers effortless transit to the CBD and M1. Invest with confidence, as this property is offered with a secure lease to a highly reputable tenant, allowing you to purchase as a going concern—meaning no GST is payable on the sale price. AREAS, LEASE PARTICULARS AND KEY HIGHLIGHTS: | Ground Floor: 125 sqm | Mezzanine Office: 57 sqm | Total Building Area: 182 sqm (approx.) | Tenant: Four Rascals Coffee Roasting | Annual Rental: $41,200 per annum net + GST | Rent Increases: 3.0% per annum | Lease Start Date: 28/02/2023 | Lease Term: 3 + 3 years | Market review in February 2025 | Established Tenant: Secure income with a reputable tenant | Spotswood train station and retail precinct at your doorstep | Modern Kitchenette and Bathroom | Rear Laneway Access | Zoning: Industrial 1 | 2 Allocated Car Spaces on Title Whether you choose to hold it as a long-term investment or add it to your SMSF portfolio with future occupancy in mind, this is an opportunity that will enable you to secure an asset that will continue to grow in value.
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Property ID: 504679732