9-11 Hillwin Street
Reservoir, VIC 3073

This exceptional office-warehouse located at 9-11 Hillwin Street, Reservoir, offers a prime opportunity for investors seeking a solid addition to their portfolio. The property is currently tenanted, providing immediate income and long-term security.

The warehouse boasts a lofty ceiling height and clearspan design, allowing for versatile use and efficient space utilization. It features dual loading roller doors, facilitating easy access for loading and unloading goods, which is ideal for logistics and distribution operations.

Ample car parking is available on-site, with space for approximately 30 vehicles, ensuring convenience for staff and visitors alike. The total land area is approximately 1,850 square meters, providing substantial outdoor space for various commercial activities or future expansion.

The building itself offers around 1,300 square meters of floor area, accommodating office spaces, storage, and operational areas. This size supports a range of business needs, from manufacturing to warehousing and administrative functions.

The current lease commenced on April 5, 2019, with a term of five years and options for two further terms of three years each, offering stability and potential for ongoing tenancy. The annual rental income is $98,345.40 plus GST, with scheduled increases of 3.0% per annum, reflecting a sound investment return. A security deposit of $9,234.50 is held, further securing the lease agreement.

This property is strategically located in Reservoir, a well-established industrial precinct with excellent access to major transport routes, enhancing connectivity for business operations. Its location supports a variety of commercial activities and benefits from the area's infrastructure and amenities.

Investors will appreciate the combination of size, location, and tenancy security that this property offers. It represents a valuable asset with potential for capital growth and steady income generation.

Prospective buyers are encouraged to consider this opportunity for its strong fundamentals and the flexibility it provides for diverse industrial uses.