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    • About this property
    • Explore Wendouree
    • Leased to Ambulance Victoria - Above 9% Net Return

      Property ID 1400855
      An investment opportunity presents here to purchase this modern high clearance warehouse, just leased to quality tenant Ambulance Victoria and available at below replacement value. This property is positioned well for quick access to the Western Freeway and offers generous office space over two levels with a large mezzanine.

      Owner's instructions are to sell to free up capital for new project.
      New lease to A grade tenant, Ambulance Victoria commencing July 1st 2017
      Tenant pays 100% of outgoings
      9.2 - 9.9% net return on offer
      One year lease with further two, three month options
      580m2 (approx) total building area
      Includes 400m2 high clearance warehouse space
      Ground floor reception, offices and staff amenities
      First floor office space including generous board room
      Air conditioned, carpeted offices and excellent staff amenities
      Large, 75m2 (approx) mezzanine
      4.8m clearance auto roller door, 3 phase power.
      Neighbouring quality businesses
    Due diligence checklist - for home and residential property buyers