** SOLD - $3,695,000 **

INVEST NOW â€" OCCUPY OR REDEVELOP (STCA) ON EXPIRY OF LEASE

Part 2 level showroom & warehouse facility in high exposure location within the Mitcham Activity Centre close to a host of amenity including shops, Mitcham train station, bus networks and more.

Improvements comprise large ground level showroom, warehouse with mezzanine plus factory and office area. The property is further complemented by dual roller door access and car parking on title at front and rear.

Property highlights include:

• Current rent: $151,729* p.a. + GST

• Current lease term: 5 years (comm. July 2018) with no options

• Building area: 1,055sqm*

• Land area: 1,196sqm*

• 2 street frontages

• Zoning: Commercial 1

*Approx.