INVEST IN THE WEST BEFORE THE REST.

Sale Details

Sold on 18 Jul 2022 for $1,770,000

Description

POINT OF INTEREST:

Your portfolio is about to reflect the calibre of business within this estate by investing in 736 sqm* of premium building in Melbourne’s west. Already tenanted by one of Melbourne's quality home builders, this is currently providing $68,181.84 per annum net in leased income. Boasting the corner location within this commercial precinct means advantageous signage opportunities and excellent exposure to Orbis Drive and Rockfield Way. Within the building itself, you’re buying into 297 sqm* of two-level office space with a modern fit-out that exceeds the industry benchmark. There’s heating and cooling throughout these areas and nine-car spaces included in the offer for plenty of customer and staff parking. The warehouse has been cleverly designed with a clear, open floorplan, dual driveway and roller side door access for seamless deliveries. The arterials surrounding this building are only going to become more user-friendly with recent significant funding for western roads. But for now, the M1 is 2.1 km* from here, Western Ring Road is 3.8 km* away, and Boundary Road is 4.3 km*. Getting into the CBD takes under half an hour on the M1, while the 400 bus stop is 1 km* away and can get you to Sunshine railway station in 20 minutes. However, the location isn’t all business and no pleasure; the 4.4-star Eating Station café (and their 563 Google reviews) is merely a 1 km* walk from the site and Burnside’s shopping precinct is 3 km* away.

- Returning $68,181.84 per annum net.
- 736 sqm* total building area.
- 297 sqm* two-level office.
- Commercial 2 zoning.
- Heating and cooling throughout offices.
- 9 car spaces on site.
- 1 km* from the 400 bus stop.
- 2.1 km* from the M1.
- 4.3 km* from Boundary Road.
- 19.4 km* from Melbourne CBD.

POINT OF VIEW:

In case you haven’t heard, the Labor government have recently announced major development plans to upgrade and bolster Melbourne’s western roads — by $41 million. Once blueprints are put to blue collars, demand for properties of this calibre will be thunderous (and you’ll have wished you got in earlier).

*Approx.
Pricing excludes GST