11-13 Milgate Street, OAKLEIGH SOUTH, VIC 3167
SoldIndustrial/Warehouse
Description
Modern Factories - perfect for investment
Industrial/Warehouse Sold - OAKLEIGH SOUTH VIC
These 2015 built warehouses provide the opportunity to break into the tightly held Oakleigh South industrial pocket. With 4 distinct tenants these warehouses with mezzanine offices are a quality build with a secure income in a highly sought-after location that has access to multiple arterial roads.
Property Details:
+ Land Size- 1468m2
+ Building Size- 1002m2
+ Zoning- Industrial 1
+ Depreciation schedule $40,000 pa approx.
Tenant Details:
+ 4 diverse tenants
+ Average lease of 4 years + options
+ Rental $167,000 pa + GST approx.
+ 2-3% annual increases
Location:
+ M1 Monash Freeway 2.5km
+ Monash University 1.5km
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