Property Description

A Smashing Investment Opportunity!

A smashing opportunity to secure a functional facility located within the absolute heart of Bayside’s most highly regarded, tightly held industrial precinct and offering value-add and rental uplift potential.

Key highlights include:

• Rectangular shaped allotment with a total land area of 1,476sqm
• Currently leased returning $46,649.67 p.a.* + GST & Outgoings
• Rental uplift potential in 2022
• Total building area of 690sqm*
• Warehouse accessed via two roller doors with two mezzanines for extra storage space
• Ample on-site and undercover car parking
• Low site coverage
• Zoned Industrial 1 (IN1Z)
• Suits a variety of purchaser profiles including investors, developers and owner occupiers with a longer term view to occupy (STCA)
• Excellent access to major arterials including the new Mordialloc Freeway

*approx

FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 15 DECEMBER AT 11AM ON SITE