Investment opportunity, Industrial
| Building Area | 150m² |
|---|---|
| Rate | $4,500 per m² |
| Yield: | 4.74% |
| Land Area | 218m² |
|---|---|
| Rate | $3,096 per m² |
| Sale History ID: | 42069 |
|---|---|
| Property ID: | 21061 |
| Advertised Price: | Contact Agent |
|---|
POINT OF INTEREST:
Freestanding, city-fringe and fully-leased — it’s the kind of combo that rarely hits the market, let alone in tightly held Yarraville. 10 Minnie Street is actually big on USPs, delivering 150 sqm* of Industrial 3 flexibility with direct street frontage, container-height clearance, and on-site parking for two — all on title, with no owners corp to answer to. Currently returning $32,000 per annum plus GST and outgoings, the tenant is midway through a three-year term with no further options, offering secure cashflow today and strategic flexibility tomorrow. Set just off Docklands Highway with seamless West Gate access, it’s a rare low-maintenance investment in a well-connected industrial pocket that’s always in demand.
- $32,000 *returning income per annum + GST + outgoings.
- 3-year lease commenced 25th September 2024.
- 150 sqm* total building area with street frontage.
- 218 sqm* land area
- Industrial 3 zoning.
- Freestanding building with no owners corporation.
- 2 allocated car spaces.
- Container height roller door.
- 1.5 km* to the West Gate Freeway.
- 5.8 km* to the CBD.
POINT OF VIEW:
Freestanding, freeway-facing, and underpinned by city-fringe scarcity — this one puts you right in the middle of the movement. Access the arterials, hold the title, and don’t count on seeing another like it anytime soon.
*Approx.
Pricing excludes GST
| Features |
|---|
| Tenancy | RE & LM Gertzel Pty Ltd |
|---|---|
| Lease Term | 3 years with no further terms |
| Commenced | 25 September 2024 |
| Rent Review | Fixed at 3% Annually |
| Bond/Guarantees | $11,733.32 |
| Outgoings Payable | Payable by tenant per lease |
| Age | 20 years approx |
| Air Conditioner | Yes in office |
| Availability | 60-90 Days |
| Car Spaces | 2 |
| Condition | Excellent |
| Floors | Concrete |
| Height | Approximately 6 metres |
| Lifts | No |
| Roller Doors | Yes |
| Sprinklers | No |
| Zoning | Industrial 3 |
| Outgoings |
|---|
| Building Insurance | TBA |
|---|---|
| Council Rates | TBA |
| Water Rates | TBA |
| Land Tax | TBA |
| Essential Safety Measures | $750.00 p.a approx plus GST |
M | 0418 343 147
T | (03) 9623 2570
E | [email protected]
M | 0418 327 676
T | (03) 9623 2559
E | [email protected]