INDUSTRIAL FREEHOLD INVESTMENT WITH LONG TERM LEASE

Ray White Commercial Oakleigh is pleased to offer 24 Manton Road Oakleigh South to market for sale via On-site Auction on Thursday 17th March 2022 at 12pm.

For those unable to attend this highly anticipated Auction, the property will also be held online via anywhereauctions.com.au of which you will be able to bid from the comfort of your home or office.

Highly sought after and tightly held, freestanding properties like these do not come up very often in Oakleigh South. If you are searching for an industrial property with a great tenant and return then look no further. This is a great opportunity to purchase an industrial investment that is sure to have great capital growth for many years to come. Being sold with a current tenancy in place to Autobreeze Pty Ltd since November 2020 with further terms.

The property is situated in the prime Industrial Hub of Oakleigh South with short access to North Road, and within close proximity to the Huntingdale Shopping precinct and Train Station. The property features partitioned offices at the front of 98m2* with kitchen and toilet facilities plus a workshop / warehouse at the rear of 236m2*. Total building area 334m2*

The property also benefits from an additional and functional rear year of 227m2* which is accessible via roller door from the workshop area. Should this not be enough there is ample parking on the front for at least five (5) vehicles.

Key details of the opportunity include:

• Leased to Autobreeze Pty Ltd since Nov 2020
• Sold as a going concern
• Current lease in place since Nov 2020 with two further terms (3 yrs + 5 yrs)
• Current income $39,338 Per Annum plus GST plus Outgoings
• Total land area 737m2*
• Total building area 334m2*
• Rear yard accessible via roller door of 227m2*
• Prime Industrial 1 Zone - IN1Z

Inspection times:

10th March - 12.00 pm - 12.30 pm
16th March - 12.00 pm - 12.30 pm

To Register to Bid Online: Please visit the Anywhere Auctions website or download the app and click on the "Register to Bid" button against this property:

https://anywhereauctions.com.au/app/property?propertyId=20880

For further information please contact one of the exclusive marketing agents:
Ryan Amler - 0401 971 622
George Kelepouris - 0425 798 677

*All areas and figures are approximate only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agent.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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