TWO BUILDINGS. ONE UNBEATABLE OPPORTUNITY. - UNDER OFFER

For Sale – Vacant Possession - 18-20 Metropolitan Avenue, Nunawading

Industrial

Overview
Property ID: 20564
Price: $1,675,000 - $3,650,000 (ex. GST)
Building: 357 - 825m²
Land: 426 - 1,123m²
Zoning: Industrial Zone 1
Attachments
Components
Name Building Land Rent (p.a.) Price
18 [UNDER OFFER] 357m²
426m² N/A $1,675,000
20 [UNDER OFFER] 468m²
580m² N/A $1,975,000
18-20 [UNDER OFFER] 825m²
1,123m² N/A $3,650,000
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Description

POINT OF INTEREST:

When versatile storage space is at the top of your list, make this double Nunawading offering the top of your viewing list. The two separately titled buildings are fronting Metropolitan Avenue and combine to a sizeable land parcel of 1,123 sqm* and 825 sqm* in building space. Strength in numbers also comes in the form of options, as the buildings can be purchased separately or together for an exceptional industrial advantage. Number 20 is vacant, but 18 has a month-to-month tenancy in place, a handy income driver until you decide whether to occupy, value add or develop something completely different in the future. Both buildings have their advantages, with 18 featuring a considerable hardstand as part of the blueprint, and 20 including a vast office space. Both prioritise functional warehouse space, but the two together make a brilliant industrial package. Backing onto Bunnings, this pocket of Nunawading is exceptionally difficult to crack into, and it's got everything to do with the proximity to major arterials like the Eastlink and Springvale Road, as well as the bustling MegaMile retail strip.

- 825 sqm* total building area.
- 1,123 sqm* total land area.
- Strategically positioned next to Bunnings.
- Opportunity to buy individually or combined.
- Flexibility to occupy, value add or redevelop.
- 200 m* to Whitehorse Road's Golden Mile.
- 2.5 km* to the Eastern Freeway / Eastlink.
- 1.1 km* to Nunawading Railway Station.

POINT OF VIEW:

Every kind of option is on the table, with limitless potential and future forms. Strategic industrial players typically take what they can get when it comes to Nunawading, but this package spoils for choice — if you’re quick enough.

*Approx.
Pricing excludes GST

Additional Info
Features
Age35 years approx.
Air ConditionerOffice area
AvailabilityAt settlement
Car Parking FeesN/A
Car SpacesAllocated on site
ConditionGood
FloorsConcrete/floor boards
Height5 metres approx.
LiftsN/A
Roller DoorsYes
SprinklersN/A
Wheel Chair AccessN/A
ZoningIndustrial Zone 1
Outgoings
Owners’ CorporationN/A
Building Insurance18 & 20 Metropolitan: $5,633.00* p.a. (2024)
Council Rates18 Metropolitan: $2,874.45* p.a. (2024). 20 Metropolitan: $2,874.45* p.a. (2024) .
Water Rates18 Metropolitan: $1,187* p.a. (2024). 20 Metropolitan: $1,1882* p.a. (2024).
Land Tax18 Metropolitan: $3,276* p.a. Single Holding (2024). 20 Metropolitan: $2,952* p.a. Single Holding (2024).
Essential Safety Measures18 Metropolitan: $600* p.a. (2024)
Other ChargesTBC
Agent Details
CVA Property Consultants - Jarrod Moran

Jarrod Moran

M | 0413 251 621
T | (03) 9623 2589
E | [email protected]

CVA Property Consultants - Stan Dawidowski

Stan Dawidowski

M | 0400 448 755
T | (03) 9623 2556
E | [email protected]

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