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41 Howard Street, Epsom, VIC, 3551

Properties / Buy / Victoria / Epsom

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Thursday 10 October, 11:00am

Land Area

5,917 m² (*approx)

Floor Area

1087 m² (*approx)

Property Type

Industrial

Sub-type

Office/Warehouse

Terms

New 10 year lease from August 2023

Est. Income

$102,429 p/a

Car Spaces

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2. Property Highlights

STRATEGIC SITE IN BOOMING EPSOM WITH IMMEDIATE INVESTMENT RETURN

Auction on-site: Thursday 10th October 2024 at 11am

Sitting on a prime corner site with over 150m* street frontage this 5,917m2* parcel of Industrial 3 Zoned land is a rare and prime investment opportunity in the heart of the thriving Epsom commercial precinct.

The building of 1,087m2* includes a galvanised iron shed, office and amenities and is tenanted by the highly regarded Human Mechanics Gym, who have 9 years remaining on the lease agreement.

KEY FEATURES:

- Significant and prime industrial location less than 250m to Epsom Village and adjacent to train station

- High profile corner site with over 150m* of street frontage

- 5,917m2* parcel of Industrial 3 Zoned land

- Outstanding long-term development potential

- Significant industrial premises

- New 10 year lease from August 2023

- Current Rent $102,429.48 + GST with annual CPI increases

- Well appointed reception, offices and amenities

*approx

Located just 250m* from the booming Epsom Village Shopping precinct, with excellent access to the Midland Highway and directly adjacent the Epsom Railway station this is a strategic and prime location.

With a strong immediate investment return and increasing commercial profile of the Epsom precinct, demand for prime sites like these are sure to intensify into the future.

Remember to mention you found this property on CommercialReady

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