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Leased to Ambulance Victoria - Above 9% Net ReturnProperty ID 1400855An 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