Sale

16 Cope Street
PRESTON, VIC 3072

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Property Description

Supreme Investment Opportunity

Fitzroys is delighted to offer for sale this outstanding opportunity to acquire a well-located office warehouse in the heart of Preston, which is leased to strong covenant.

The property is surrounded by a wide variety of amenities and is within walking distance to Northland Shopping Centre and large format retail. The location also provides outstanding access to Melbourne CBD.

Key property features:

  • Total floor area: 990sqm*
  • Total site area: 900sqm*
  • Well-appointed office and staff amenities
  • CCTV and phone system
  • Triple interceptor
  • Zoned Industrial 1 (IN1Z)
  • Clearspan warehouse
  • Access via RSD

Key investment highlights:

  • Lessee: Agar Cleaning Systems Pty Ltd
  • Rental: $128,750* per annum + GST & outgoings
  • Term: Five (5) Years (commenced on 1st February 2021)
  • Option: One option of Three (3) Years
  • Annual Increases: 3%
  • Security Deposit: $37,375*
  • Personal Guarantors

*approx.

ZoneIndustrial 1
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Consultant

Marco Sandrin

M: 0434 562 827
E: sandrinm@fitzroys.com.au

Brent Glassford

M: 0430 484 322
E: glassfordb@fitzroys.com.au

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Property Information

Property ID
133924

Price
$3,500,000.00

Building
990m2

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