POINT OF INTEREST:
A standalone showroom/warehouse of 1,070 sqm*, on approximately half an acre of prime Laverton North real estate presents an abundance of opportunity and exposure. With the current building only taking up around 50% of the land area, signage potential is high, with 30 metres of street frontage along the high-traffic Fitzgerald Road. With easy access to the Princess Freeway (just 250 m* away), highways and other major arterials, the site has an abundance of car parks, multiple roller doors and rear access. Sitting directly opposite BP and McDonald’s, this is the chance to join some of the major operators in Melbourne’s burgeoning west. Ideal for an automotive or marine service operator, however, don’t let that deter the savvy investor from turning this functional space into a myriad of possibilities.
• 1,070 sqm* building area.
• 2,019 sqm* land area.
• Industrial 3 Zoning.
• 12 car parks on title.
• Sale Includes pallet racking
• Rear access via ROW
• Ducted reverse cycle air-conditioning in showroom/office.
• 250 m* to the Princess Freeway.
• 16.2 km* to the CBD.
• 3.4 km* to Laverton railway station.
POINT OF VIEW:
With a solid structure of concrete tilt panels, the showroom/office is extremely well presented and fully glazed — allowing natural light to fill the space. And speaking of well presented, investors would be comfortably aiming at a 5% yield range for a property of this calibre, in this location.
Pricing excludes GST