BUSINESS AT THE FRONT, WAREHOUSE AT THE BACK.

Sold - 22 Earl Street, Airport West

Industrial, Development/Land (Industrial, Hardstand & Storage)

Sale Details

Sold on 16 Mar 2023 for $1,110,000

Building Area 360m²
Rate $3,083 per m²
Land Area 693m²
Rate $1,602 per m²

Overview

Sale History ID: 38405
Property ID: 19622
Advertised Price: Contact Agent

Description

POINT OF INTEREST:
Single-level but double the value you’ll find anywhere else, this industrial investment is made of brick in theory, but pure gold in this market. Number 22 is comprised of two separate buildings connected via a cover-way. The front building includes a small office area and warehousing, with a motorised roller shutter door and staff amenities. The rear building includes a cover-way, and is made up of further warehousing and storage. There’s also parking onsite and a hardstand potentially for equipment, building materials or vehicles, a testament to the generous amount of land on offer here. Connected by structure and by arterials, this property is just 350 sqm* from the Tullamarine Freeway, Western Ring Road, and the Calder Freeway. Both airports are either in view or one suburb over, putting this asset — and your portfolio — at the heart of freight and transport in Melbourne.

- 360 sqm* total building area across both structures.
- 693 sqm* total land area.
- Commercial 2 zoning.
- Onsite carspaces with a hardstand.
- 15 m* frontage to Earl St.
- 7 km* to Melbourne Tullamarine Airport.
- 600 m* to Essendon Fields Airport.
- 200 m* walk to the 59 tram.

POINT OF VIEW:

Single-level warehouses are a hot commodity to purchase. For occupying; there are no stairs getting in the way of your layout. For development; there’s less to demolish or revitalise. Over to you.


*Approx.
Pricing excludes GST

Additional Info
Features
Air ConditionerNA
AvailabilityImmediate
Car Parking FeesNA
Car SpacesOn site
ConditionFair
FloorsConcrete
HeightVarious
LiftsNA
Permits IssuedNA
Roller DoorsYes
SprinklersNA
Suitable DevelopmentOffice/factory/warehouse
Outgoings
Council Rates$2,397.60 per annum
Water Rates$985.96 per annum
Land Tax$2,067.31 per annum
Agent Details
CVA Property Consultants - Craig McKellar

Craig McKellar

M | 0431 892 780
T | (03) 9623 2571
E | [email protected]

CVA Property Consultants - Luca Angelico

Luca Angelico

M | 0447 772 782
T | (03) 9623 2585
E | [email protected]

CVA Property Consultants - Ian Angelico

Ian Angelico

M | 0418 336 088
T | (03) 9623 2578
E | [email protected]