Bayswater
40 Barry Street,
Bayswater, VIC 3153
Industrial
Price Information
Sold
Contact Agent
Key property information
Floor Area: 636m²
6% RETURN - TENANTED INVESTMENT WITH QUALITY ASX LISTED TENANT
Appleby Commercial is pleased to offer 40 Barry Street, Bayswater to the market for sale.The land area is 1257 square metres and there are 4 warehouse buildings with a total area of 636 square metres. There will be a new 3 year lease at a starting rental of $81,000 net per annum, with one option of 2 years. Rent will be increased annually by 3.0% with a market review at the end of each term.
This is an exciting opportunity for investors to consider.
PROPERTY FEATURES:
- Land Area - 1257 Square Metres
- Building Area - 636 Square Metres
- Multiple Roller Shutter Doors
- On-Site Car Parking
- Air Conditioned Office Areas
- Industrial 1 Zone
- Good Truck Access
- Secure 3 Year Lease With one option of 2 years
- Quality ASX Listed Tenant
- $81,000 Net Per Annum Starting Rental
