SECURE INDUSTRIAL INVESTMENT WITH LONG TERM TENANT - MUST BE SOLD!

RWC Oakleigh is pleased to present a secure industrial investment with a long term tenant located at 3/323-327 Ingles Street, Port Melbourne. The property is scheduled for Auction on Thursday 12th Oct 2023 @ 12pm onsite & online.

Leased to Ivy & Eve, a reputable boutique floral studio who has occupied the premises since 2015. The property comes with a new 2-year lease from 17th August 2023, with an option for an additional 2-year term. Currently generating an annual income of $44,945 p/a net, this property offers a steady and attractive return on your investment.

This property boasts a total area of 180m2* and is situated in a secure boutique estate of 7 units. The property comes with two (2) allocated car spaces plus ample unrestricted street parking is also available. The property features a motorised roller door for convenient access to the container high warehouse, ensuring hassle-free loading and unloading of goods.

Property details:

• Total building area | 180m2*
• Including ground floor office | 56m2* and mezzanine storage | 60m2*
• Container high warehouse with motorised roller door
• Two (2) allocated car space and unrestricted street parking
• Security gates for after-hours access, alarm system and security grills on windows
• Convenient and central location with easy access to CBD, City Link, Westgate Freeway and much more!

Tenancy details:

• Leased to Ivy & Eve a boutique floral studio since 2015
• New 2 year lease from 17th August 2023 with one further term of 2 years
• Current income $44,945 p/a plus GST plus Outgoings
• Tenant pays all applicable outgoings

Seize this opportunity to own a secure industrial investment with a thriving tenant. Whether you're an investor looking for a reliable income stream or a business owner searching for a well-positioned property, 3/323-327 Ingles St is your answer. Mark your calendar for the auction on 12th October 2023 at 12pm, and take the next step towards securing this exciting opportunity

For more information and to register for the auction, please contact the exclusive marketing agents below;

Ryan Amler | 0401 971 622
Simon Liang | 0451 954 318
Tom Carroll | 0410 698 033

*All areas and figures approx 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 Agents

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.

Due diligence checklist for home and residential property buyers.

Explore the area

View in Google Maps

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.