Outstanding industrial freehold in Nunawading’s ‘Golden Mile’
This impressive showroom/warehouse on a large, valuable site has all the right commercial ingredients: wide frontage, abundant off-street parking, impeccable presentation and A-grade eastern suburbs location. Offered for sale by expressions of interest by GrayJohnson, the property currently has two commercial tenants – Charlie Battisti and Co, an auto repair business specialising in luxury brands Porsche, BMW and Mercedes Benz, and a construction company (Ellabay Coops).
The main tenancy, of 2,628sqm* comprises a generous and well-presented reception area, showroom, open plan offices, executive private office/meeting rooms, refurbished amenities and clear span high clearance warehousing with a maximum springing height of 8.71 metres approx. A second tenancy is a warehouse of 706 sqm*.
The location in Melbourne’s largest retail precinct for bulk goods, with neighbours including Bunnings, Freedom, Fantastic Furniture, Petbarn, Bedshed, Forty Winks, Macpac Adventure, Harvey Norman and many more, represents a rare opportunity for an owner occupier. For an investor, the potential rental return from two future tenancies would be in the vicinity of $565,000 pa.
The opportunity:
• Total building area of 3,334 sqm* over two tenancies
• Land area of 6,321 sqm* with wide frontage of 54.86m*
• Generous reception area, offices and warehouse
• Multiple roller shutter door access points
• Off street car parking
• High quality refurbished bathroom & kitchen amenities.
• Current combined income $392,000 pa plus outgoings
The location:
• Ideally located in Nunawading’s ‘big box’ retail precinct
• Prime location for furniture, auto dealerships, hardware, electrical etc.
• Easy access to Eastern Freeway (M3) and Eastlink
• 30 minutes to Melbourne CBD and 25 minutes to Dandenong
• 10 minute walk to Nunawading station, shops, eateries etc.
For further details contact Matt Hoath 0418 543 714 or Brett Simpson 0402 427 392.
*Approx
