Bayswater

INDUSTRIAL FREEHOLD IN TIGHTLY HELD PRECINCT - OCCUPY OR INVEST

Appleby Commercial is pleased to present 23 London Drive, Bayswater to the market for sale by Public Auction to be held on Thursday 16th May at 12pm on-site.

This standalone industrial facility comprises a total floor area of approximately 556 square metres with the current configuration being 510 square metres of warehouse and 46 square metres of office area.

Currently leased until August 2024, the property will be sold as a going concern offering an excellent opportunity to both owner-occupiers and investors with the flexibility to occupy upon lease expiry or negotiate a new lease.

Located within the Bayswater Industrial heartland, the property is positioned along London Drive which is one of Bayswater's most desirable industrial roads/streets.

PROPERTY ATTRIBUTES
+ Total Building Area: 556 m2
+ Land Size: 1000 m2
+ Street Frontage
+ Freehold Title
+ On-Site Parking
+ Excellent Truck & Vehicle Access
+ 3-Phase Power
+ Male & Female Amenities
+ Close to Public Transport & Retail Amenities

LEASE DETAILS
+ Tenant: Window Wise
+ Lease Commenced: 17/08/2020
+ Term: 2 Years
+ Option: 2 Years
+ Lease Expiry: 31/08/2024
+ Current Rental: $48,370 Per Annum, Plus GST, Plus Outgoings

For further information or to organise an inspection, please contact Appleby Commercial on (03) 8727 9555.