April 17, 2018

Corner This Investment

AUCTION
Wednesday, May 16 at 12:00noon, onsite

60 Lakewood Boulevard, Carrum Downs

Nichols Crowder is pleased to present to the market a fantastic industrial investment opportunity at 60 Lakewood Boulevard, Carrum Downs.  This high-exposure modern warehouse and office is located on the corner of Frankston-Gardens Drive, and is to be auctioned onsite on Wednesday, May 16 at 12:00noon.

With a new 2-year lease staring from April 2018, the property returns $59,415 per annum, plus GST and outgoings, and an annual rental increase of 3%.  The building of 699sqm comprises a clear span warehouse of 569sqm and a first floor air-conditioned office of 130sqm.

The warehouse and office include many important features that businesses require.  In addition to 12 onsite car spaces, there is 3-phase power, two motorised roller doors, and extensive staff facilities on both levels. 

“This is a great property and makes an appealing investment,” says James Dodge, Sales and Leasing Executive.  “Its prominent location, easy access to several freeways, new tenancy, and many quality features mean that the property will impress the most fastidious of investors.”

Inspect as advertised or by appointment.  10% deposit, balance in 30/60 days.

For further details contact:
JAMES DODGE 0488 586 896

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.