AN INDUSTRIAL INVESTMENT TO EAT UP!
- Commercial kitchen investment
- Net annual rent of $70,000 + GST
- Buy below replacement cost
Aston are delighted to present 11/126-128 Merrindale Drive, Kilsyth for sale by Public Auction on Wednesday 20th March at 12 noon on-site.
This premium industrial warehouse is fitted out as a commercial kitchen and comes fully equipped with an abundance of infrastructure. The property is leased to a popular bakery who produce goods for major supermarkets plus a number of different local businesses and have been in occupation since 2016.
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Key property attributes include:
• Total building area of 469 sqm*
• Annual rent of $70,000 + GST + Outgoings
• Three (3) year lease commenced February ’24
• Two (2) further options of five (5) years
• Six (6) car spaces
• Prime commercial kitchen investment
• Established tenant supplying to Coles & Woolworths
• High power supply & gas connection
• Located within tightly held industrial precinct
With ever increasing demand for commercial kitchen investments, this is an exceptional opportunity for the astute investor looking to secure a premium industrial asset in Melbourne’s booming Eastern suburbs.
The property will be open for inspection on the following days and times:
• Tuesday 27th February at 4:30pm
• Tuesday 5th March at 4:30pm
Contact the exclusive selling agents from Aston for further information.
*approx
