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For Sale

14/20 Keon Parade,
Thomastown 3074, Victoria

2 car spaces
100m² building size
Industrial/Warehouse

$499,000 - SMSF ELIGIBLE

Property details

SUPERB ENTRY LEVEL LEASED INVESTMENT - WAREHOUSE OF 100SQM

- Superbly located corner warehouse of 100sqm in the sought after industrial complex at Keyin on Keon.
- Ideal entry level leased investment opportunity
- 2 titled allocated on site car spaces
- Toilet and kitchenette
- Zoned Industrial 1
- Lease term of 2 years to 14.7.2027
- 2 further 2-year lease options
- Current rental: $22,800 per annum, plus outgoings and GST
- Fixed 4% annual rental increases
- Market rent reviews on the options to renew
- The property may be suitable for acquisition by a Self Managed Super Fund (SMSF), subject to the fund's borrowing structure, lender requirements and professional advice
- Potential tax benefits, including negative gearing, may be available to eligible investors depending on individual circumstances and tax advice

From 1 July 2024, eligible buyers of commercial and industrial properties can choose to pay stamp duty in full at settlement or spread the payments over 10 years.

For further information or to arrange an inspection contact:
John Kalpakis 0412 500 250
john.kalpakis@raywhite.com
or
Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com

DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.

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.

Inspections

Explore the area

School catchments

  • William Ruthven Primary School Primary Prep-6 Government 1.1km
  • Maharishi School of the Age of Enlightenment Primary Prep-6 Independent 1.2km
  • Thomastown Primary School Primary Prep-6 Government 1.3km
  • Reservoir Views Primary School Primary Prep-6 Government 1.4km
  • Thomastown East Primary School Primary Prep-6 Government 1.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

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

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