Investment opportunity, Industrial
Building Area | 856m² |
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Rate | $2,395 per m² |
Yield: | 4.36% |
Sale History ID: | 41328 |
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Property ID: | 20809 |
Advertised Price: | $2,050,000 |
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POINT OF INTEREST:
Located in a sought-after industrial pocket, this expansive office/warehouse facility delivers the perfect blend of functionality and convenience. Spanning 464 sqm* of high-clearance, clear-span warehouse space and 392 sqm* of open-plan office across two levels, this property has been thoughtfully designed for businesses that demand versatility. Key features include air-conditioned office areas, a dedicated tech space, a staff breakout room, and 11 on-site car spaces. With great access and prominent street frontage, this is a space that works as hard as you do.
And when it comes to location, you’re covered. With direct links to Canterbury Road and major arterials, this property places you right in the thick of Melbourne’s thriving industrial network, ensuring convenience for staff and seamless logistics.
- Total building area of 856 sqm*
- Warehouse area of 464 sqm*
- Office area of 392 sqm* over two levels
- High-clearance warehouse and air-conditioned office spaces
- Tech area and staff breakout room
- 11 on-site car spaces
- Easy access to Canterbury Road and major arterials
POINT OF VIEW:
This under-let investment offers significant upside potential, with rental growth opportunities and value appreciation as leases adjust to market rates.
*Approx.
Pricing excludes GST
Features |
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Tenancy | RPSAustralia Group Pty.LtD. |
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Lease Term | 5 years starting 1st May 2023 with one further term of 5 years |
Commenced | 1st May 2018 |
Rent Review | 3% annual increases, Market at options |
Bond/Guarantees | $20,700.00 |
Outgoings Payable | By Tenant as per lease including land tax |
Age | 17 years |
Air Conditioner | Yes to office and Tech area |
Availability | 60 Days |
Car Parking Fees | Inculded in rental |
Car Spaces | 11 on site |
Condition | Good |
Floors | carpeted office |
Height | 7.0 meters aprox |
Lifts | No |
Roller Doors | One Container Height |
Sprinklers | No |
Wheel Chair Access | Ground Floor |
Zoning | Industrial Zone 1 |
Outgoings |
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Owners’ Corporation | $335.00 |
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Building Insurance | Insurance $4,265 |
Council Rates | 4,125.00 |
Water Rates | TBA |
Land Tax | TBA |
M | 0400 448 755
T | (03) 9623 2556
E | [email protected]
M | 0413 251 621
T | (03) 9623 2589
E | [email protected]