4/8 Oleander Drive, South Morang VIC 3752

$420,000

2 parking

LEASED INVESTMENT OPPORTUNITY!

Superb location within Melbourne’s booming northern growth corridor and in the heart of South Morang’s Activity Centre.
Positioned between Masters, Axis Home Maker Centre, Bunnings and Westfield Shopping Centre, with 2.1million shoppers annually.
- Returning $18,500 per annum net- Tenant pays all outgoings
- 2 year lease from the 16.10.2015 with 2 further 2 year options
- Fixed 4 per cent annual rental increases with market review in year one of each new term
- 4.5m high electric roller shutter door access
- Tax Depreciation benefits
- Key pad security access
- 2 Car spaces on title
- 3 phase power

A great property to add to or kick start your commercial investment portfolio.

Property Details

• Type: Industrial/Warehouse
• Tenancy: Vacant
• Zone: commercial 1