Glenview, 146-152 Collins Road HCM24875

- Large multi-tenanted industrial investment
- Returning net annual rental of $448,624 plus GST
- Asking price at 7.5% yield
- Torpedo 7 is anchor front tenant
- Rear of the complex made up of 11 industrial tenancies in completely refurbished and partitioned area
- All tenancies are currently occupied
- Generous on-site parking
- Potential future upside in rental rates

Situated in Collins Road, Glenview, next to the new Vetora veterinary clinic. This is an established industrial area which has grown in popularity in recent years, and will continue to do so as the catchment continues to develop. There will be a direct benefit from the proposed Peacockes residential development and associated Southern Links. Collins Road Self Storage complex is close by, while other immediate neighbours are a mix of industrial businesses and owner-operators.

This is a real chance to nab a quality industrial investment property at an attractive yield. Anchor tenant Torpedo 7 has signed a new four-year lease, occupying 881sqm of office and 615sqm of warehouse. The rear 11 industrial units range in size from 191sqm to 991sqm, and are fully leased. Don't miss this opportunity. Call today.