2/450-466 Princes Highway, Noble Park, VIC, 3174

*** QUALITY NATIONAL TENANT ***

Crabtrees Real Estate are excited to offer this prime showroom/warehouse investment located at Unit 2/450-466 Princes Highway, Noble Park for sale via EOI closing Wednesday 12th March at 4pm.

This highway investment is securely leased to Brotherhood of St Laurence, which operates Nationally and has been a driving force in social justice in the community. The subject property is one of 23 Victorian Shops which is a highly successful part of the organization's network.

The showroom warehouse has a quality air conditioned showroom with suspended ceiling and high clearance warehouse ideally suited to the tenant's requirements.

Modern main road showroom/warehouse located on Princes Highway, with excellent exposure to passing traffic.

Key Features:

+ Highly exposed showroom/warehouse building of 1,186 sqm

+ Quality facility with up to 9 metre clearance

+ Abundant car parking for 25 cars

Lease Terms:

+ Tenant: Brotherhood of St Laurence

+ Term: Five (5) Years

+ Rental from 16 July 25: $207,659 per annum (net) plus GST

+ Commencement: 16th July 2023

+ Rent Reviews: Annual fixed reviews of 3%

+ Security: Bank Guarantee of $61,918.93 being equal to the aggregate of the Landlords estimate of 3 months rent and outgoings plus GST as at year 5 of the lease term.

Located within the tightly held Noble Park commercial/ industrial precinct, access all areas of greater Melbourne via multiple major arterials via:

• 1.5 km* to EastLink

• 2.9 km* to M1 on ramp

• 3.3 km* to Springvale Road

• 5.6 km* from Dandenong CBD

• 30 km* from Melbourne CBD

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Remember to mention you found this property on CommercialReady