Investment opportunity, Offices, Industrial, Showroom
| Building Area | 357m² |
|---|---|
| Rate | $2,451 per m² |
| Yield: | 5.14% |
| Land Area | 1m² |
|---|---|
| Rate | $875,000 per m² |
| Sale History ID: | 40919 |
|---|---|
| Property ID: | 20647 |
| Advertised Price: | Contact Agent |
|---|
POINT OF INTEREST:
Purposefully placed on the busiest roundabout in Laverton North, this Boundary Road showroom, office, and warehouse multihyphenate is anything but Little. It’s on the market with a short-term lease at a fixed rental of $45,000 per annum plus GST & outgoings, or $3,750 per calendar month plus GST. The lease will expire on the 1st of March 2026 with a three-month rent cash security bond and directors guarantee, and from then on, it's either yours to occupy or an easy marketing campaign to fill. The 357 sqm* is split between a ground-level showroom, workshop, and warehousing, with a neat 141 sqm* first-floor office upstairs. It also has 51 solar panels on the roof, gas heating in the workshop, split system air conditioning and heating upstairs, a kitchenette, electronic access control, CCTV and an alarm system. The back entrance also includes a roller door for accessibility, plus 4 allocated car spots within the highly sought-after estate. Because of its position, you’re at Geelong’s gateway and the freeway kind to the West Gate and Western Ring Road, putting your investment in its best position to thrive.
- Short-term lease expiring on the 1st March 2026.
- $45,000 per annum plus GST & outgoings in leasing income.
- 357 sqm* total building area.
- 141 sqm* first-floor office space.
- Industrial 2 zoning.
- 4 allocated on-site car spaces.
- 51 solar panels, air conditioning, and a gas heater within the workshop.
- 750 m* to Western Ring Road.
- 1.1 km* to the West Gate Freeway.
POINT OF VIEW:
From the nearby West Gate Freeway upgrades to the ones that have already greatly transformed the interiors within, this strategically located and exposed industrial hybrid has every intention of being your best play yet.
*Approx.
Pricing excludes GST
| Features |
|---|
| Tenancy | Aus Lock and Safe Company Pty Ltd |
|---|---|
| Lease Term | Two (2) Years (No further terms) |
| Commenced | 1st March, 2024 |
| Rent Review | Nil as per lease |
| Bond/Guarantees | $12,375 plus Directors' guarantee |
| Outgoings Payable | By Tenant except for land tax |
| Age | 20 years plus |
| Air Conditioner | Yes in offices |
| Availability | Immediate |
| Car Parking Fees | No |
| Condition | Good |
| Floors | Concrete , Tiles & Carpets |
| Height | 5-6 metres |
| Lifts | No |
| Roller Doors | Yes at rear with great loading access |
| Sprinklers | No |
| Zoning | Industrial 2 |
| Outgoings |
|---|
| Owners’ Corporation | $2,650.00 annually |
|---|---|
| Council Rates | $3,709.56 |
| Water Rates | $2,000.00 |
| Land Tax | $975.00 |
| Essential Safety Measures | TBA |
| A/C Maintenance | $500.00 |
M | 0418 343 147
T | (03) 9623 2570
E | [email protected]
M | 0418 327 676
T | (03) 9623 2559
E | [email protected]