Clayton Warehouse/Office Investment Sold

Clayton Warehouse/Office Investment Sold

A warehouse/office investment opportunity at Clayton in Melbourne’s south-east has been sold by Ray White Commercial Oakleigh for $490,000.

The property at 13/632 Clayton Road, Clayton, was sold to a private superannuation fund by George Kelepouris of Ray White Commercial Oakleigh on behalf of a local businessman for a yield of approximately 6.0 per cent.

George Kelepouris said there was keen interest in the complex which offered a combined rental income of approximately $30,160 per annum.

“This was an ideal investment opportunity with the property having an established tenant with a recently renewed two year lease in place,” he said.

George Kelepouris said the property offered a building area of approximately 440 sqm, including a showroom/ office of approximately 90 sqm.

“This building is in a sought after location with easy access to major arterial routes and attracted enquiry from both investors and potential owner occupiers,” he said.

George Kelepouris said the warehouse features a container height motorised roller door and 3 phase power. There is on-site parking for four vehicles.

Clayton is located approximately 23km from the Melbourne CBD and has immediate access to the Monash Freeway and Princes Highway.