96 Malcolm Road Braeside
Quality Secure Investment
Don't miss the opportunity to secure this excellent tenanted investment located in the heart of the Braeside Industrial precinct. Totalling 622m2 of building on 1,114m2 of land, the new skylights provide ample natural light with excellent presentation.
The property is securely leased to Leuco Australia Pty Ltd who have been in the building since 2013. Their current Four (4) year term commenced on 15/02/2021 and is due to expire on 14/02/2025. They have one further option of Four (4) years potentially taking them through to February 2029. Currently returning $51,836.64 per annum plus GST and all applicable outgoings. The rent is reviewed annually in line CPI all groups Melbourne.
The property is being sold by expression of interest closing at 2pm on Thursday the 19th of May 2022. Unless sold prior.
Features include:
Securely leased to a strong tenantReturning $51,836.64paFour (4) year lease expiring in February 2025One (1) further option of four (4) yearsExcellent locationRecently completed roof upgradePlenty of car parking
10% Deposit, settle in 60/90 days.
Inspections are strictly by appointment only.
Contact Patrick Morrison of Morrison Commercial on 0438 156 232.
Braeside is Situated 26km* south-east of Melbourne's CBD and within close proximity to major roads including Nepean Highway, Lower Dandenong Road, Springvale Road, Eastlink, recently completed Dingley Bypass. Amenities surrounding the area comprise Moorabbin DFO, Moorabbin Airport and well known Golf Courses; Capital, Woodlands and Southern Golf Clubs.
All sizes are approximateAll figures are GST exclusive unless otherwise stated.
Get to know Braeside
Nestled approximately 26 kilometers southeast of Melbourne’s CBD, Braeside offers an exceptional blend of accessibility and convenience for businesses.