122-124 Melrose Drive, Tullamarine, VIC 3043

Industrial

Leased

  • Property ID: 100900
  • Floor Area: 4635m²
  • NBN Availability: Service Available
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 15/12/2017 4635m2 N/A $360,000
Total Leased 15/12/2017 4635m2 N/A $360,000
Tullamarine Industrial Building with Large Office Close.

122-124 Melrose Drive, Tullamarine adjoins 126 Melrose Drive, Tullamarine.

This expansive office/warehouse of 4,635m2* comprises a rare large first floor office component of 1,825m2*.

The building further features;

- Air-conditioning
- Ground floor with suspended ceiling
- Glass partitioned offices
- Open plan office areas
- Large warehouse with container access
- Ample onsite parking
- Exceptional signage opportunity fronting major arterials

The property is positioned with a massive street frontage of nearly 100 metres* to Melrose Drive and provides both direct access and fantastic exposure to the Western Ring Road and Tullamarine Freeway.

For further information please contact CVA Property Consultants.



*approx

Additional Information
Features
  • Availability: Immediate
  • Zoning: Industrial 1
  • Lease Term: Long lease available
  • Rent Review: Annual
  • Car Spaces: Ample onsite
  • Condition: Excellent
  • Air Conditioning: Yes
  • Roller Doors: Container height roller door access
  • Floors: Concrete and carpet
  • Lifts: None
  • Age: 20 years (approx)
  • Car Parking Fees: None
Outgoings
  • Water Rates: 0
  • Land Tax: 00
  • Council Rates: 0
  • Owners Corp. / Insurance: 0
  • Other Charges: 0
Tullamarine Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2752 $250 9.07%
Industrial $2685 $137 5.09%
Retail $2700 $83 3.09%
This is the average advertised price, rent and yield for Tullamarine, VIC 3043*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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