SPOTSWOOD

Unit 4/51-59 Hudsons Road, SPOTSWOOD VIC 3015

WAREHOUSE, HOUSE, OUTSTANDING INVESTMENT OPPORTUNITY | 6.2% RETURN P.A

GormanKelly is delighted to offer Unit 4, 51-59 Hudsons Road, Spotswood For Sale via Private Treaty.

The property is leased to Ian Lyle Design's on a 2 x 2 x 2 year lease term. This is your chance to purchase a tenanted investment located only 5km from Melbourne’s CBD. There will be opportunities for future capital growth here.

Unit 4, 51-59 Hudsons Road is a concrete structure with a corrugated iron roof, that has integrated an architecturally designed residence with all relevant permits and approvals with office/showroom and warehouse at the rear.
The warehouse has a container height roller door, good height clearance allowing for pallet racking, a large mezzanine for extra storage and includes an office/showroom.
The site also has easy semi-trailer vehicle access for container delivery.

The site has 3 car spaces on title in-front of the residence with parking in the street and all-day parking in surrounding streets.
The well-appointed 2 level residence has beautiful woodgrain marble floors throughout with reverse heating/cooling. The ground floor includes one bedroom with walk-in robe, office and stunning fully marble and shell tiled bathroom. Upstairs features a modern Kitchen with 2-pack cupboards, pantry, marble benchtops, including European cooktop, oven, range-hood, dishwasher and microwave with a large open plan living space opening out onto a sun-drenched balcony.

Other outstanding aspects of the property include:

• Brand new 2 x 2 x 2-year lease term
• Representing a 6% return (approx.)
• Huge functional ground floor area with an excellent internal height
• Total warehouse area of 264.50sqm (approx.)
• Residence over two-levels of 140sqm (approx.) with a 77sqm (approx.) purpose-built mezzanine floor with office/showroom below
• Total building area of 481.5sqm (approx.)
• Caretakers permit approved and currently in operation
• 100m to Spotswood Train Station
• 120m to Hudsons Road retail shops featuring numerous cafes, post office and Spotswood Hotel
• 300m to Scienceworks and the exciting new entertainment precinct called Grazeland opening March 2020
• The property is located only 5km from Melbourne’s CBD

• Minutes to the Westgate freeway with easy access to all major arterials

For more information or to arrange an inspection please feel free to contact Cameron Hunter on 0424 122 446.