24 Kembla Street, Cheltenham, Vic 3192

Crabtrees Real Estate are pleased to offer 24 Kembla Street, Cheltenham for SALE via Expression of Interest closing Thursday 10th April 2025 at 3pm. 

++ Secure Investment with Land-Tax on single holding basis payable by tenant! 

Spanning approximately 960 sqm of office/warehouse, situated on a 1,419 sqm Industrial 1 land holding, this securely leased Investment is an outstanding addition to an investors portfolio with a long standing established tenant. 

"HM PRECISION GRINDING SERVICE (HMPG PTY LTD) is a specialist grinding business established in 1968. Our capabilities extend from precision grinding to sub-micron tolerances." https://hmpg.com.au/

Lease Details: 
+ Rental: $108,150 per annum plus Outgoings & GST (as of April 2025)
+ Term: 3 years from 27th April 2024 
+ Further term: 3 years 
+ Rent Reviews: 3%
+ Tenant pays land tax on single holding basis 

Property Features: 
+ 960 sqm* total building area 
+ 1,419 sqm* Industrial 1 zoned land parcel 
+ 795 sqm* clearspan warehouse 
+ 165 sqm* air-conditioned office 
+ (3) Three roller doors 
+ (2) Cross overs 
+ Generous power supply
+ 45 KW Solar panel system 
+ Significant tenant investment Into property 
+ Ample car park area 

Crabtrees Real Estate is built on history, reputation and expertise. 

We offer a level of knowledge others can't match. 

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!