Investment opportunity, Offices, Showroom
| Building Area | 629m² |
|---|---|
| Rate | $2,385 per m² |
| Yield: | 2.30% |
| Land Area | 1507m² |
|---|---|
| Rate | $995 per m² |
| Sale History ID: | 42195 |
|---|---|
| Property ID: | 21069 |
| Advertised Price: | Contact Agent |
|---|
POINT OF INTEREST:
Just moments from Melbourne Airport and surrounded by major arterial connections, this office suite package offers a rare chance to secure a versatile freehold with only secure leasing income in its forecast. Set on a substantial 1,507 sqm* Commercial 2 Zoned allotment, the 629 sqm* single-level building comprises multiple fully-fitted office suites with sizes ranging from 100 sqm*, 175 sqm* and 189 sqm*, ample on-site parking, and dual street frontages for unmatched accessibility and exposure. Whether you’re an investor seeking immediate income or a business owner looking to occupy part while collecting rent from the rest, the flexibility here is as impressive as the location. Currently returning $34,555.15 per annum from suites 4, 5 & 6 & the substation, the site holds a potential full occupancy income of $115,000–$120,000. With an address just minutes from the Tullamarine Freeway, Citylink, and Western Ring Road, this is a future-proofed opportunity that’s hard to beat — whether you’re landing an investment or positioning your business for growth.
- Single-level multi-office suite estate.
- 629 sqm* total building area.
- 1,507 sqm* total land area.
- 41% site coverage*.
- Vacant – Suite 1: 100 sqm*.
- Vacant – Suites 2 & 3: 100 sqm*.
- Leased – Suites 4, 5 & 6: 175 sqm* – $26,865.24 per annum + outgoings and GST.
- Vacant – Suite 7: 189 sqm*.
- Leased – Substation: 48 sqm* – $7,689.91 per annum + outgoings and GST.
- Potential total rental of all suites: $115,000 - $120,000 per annum + outgoings and GST.
- Commercial 2 zoning.
- Dual street frontages for excellent accessibility and exposure.
- Ample (20*) on-site car spaces.
- 1.9 km* from the Western Ring Road and Tullamarine Freeway intersection.
- 2 km* to Melbourne Airport.
POINT OF VIEW:
With two street frontages and the airport so close you can practically hear the boarding calls, this is a rare chance to secure a high-exposure, high-access commercial asset in one of Melbourne’s best business-class precincts.
*Approx.
Pricing excludes GST
| Features |
|---|
| Tenancy | Refer to tenancy schedule |
|---|---|
| Lease Term | Refer to tenancy schedule |
| Commenced | Refer to tenancy schedule |
| Rent Review | Refer to tenancy schedule |
| Bond/Guarantees | Refer to tenancy schedule |
| Outgoings Payable | Refer to tenancy schedule |
| Age | 30 years plus |
| Air Conditioner | Yes in office |
| Availability | 60-90 Days |
| Car Spaces | Ample onsite car parking |
| Condition | Good |
| Floors | Concrete , Tiles & Carpets |
| Height | 2.7-3 metres |
| Roller Doors | No |
| Zoning | Commercial 2 Zone (C2Z) |
| Outgoings |
|---|
| Building Insurance | TBA |
|---|---|
| Council Rates | TBA |
| Water Rates | TBA |
| Land Tax | TBA |
| Essential Safety Measures | TBA |
| A/C Maintenance | TBA |
M | 0418 343 147
T | (03) 9623 2570
E | [email protected]
M | 0431 892 780
T | (03) 9623 2571
E | [email protected]