1&2/34 Nathan Drive, Campbellfield

VIC 3061 SOLD - $925,000

Great Investment. One Title. Two Properties

1131m2

Located in an established industrial estate and perfectly positioned to ensure easy access to the Hume Hwy, Hume Freeway and Somerton Road are these two securely leased properties on one title offering a great long term investment opportunity.

Two buildings on 1,131m2 (approx.) allotment
Zoned industrial 1
Combined rental return: $55,599.75 (per annum) plus outgoings and GST
Eleven onsite car spaces

1/34 Nathan Drive

* Cafe
* 125m2 (approx.)
* Lease expires 28th November, 2021
* 2X 5 year options
* 3% annual rent increases
* Market review at start of further terms
* 3 car spaces

2/34 Nathan Drive - Warehouse
* Warehouse 390m2 (approx.)
* Mezzanine of 60m2 (approx.)
* Male and female amenities
* Kitchenette
* Container height, 5m high x 4m wide electric roller door
* Eight Care Spaces
* Lease expires 5th February, 2021 with 1X option of 3 years 4% increase per annum
* Market review at options.

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist