21-29 West Circuit, Sunshine West, VIC 3020

Investment | Other

Sold $1,650,000

  • Property ID: 248737
  • Floor Area: 1080m²
  • Land Area: 2875m²
  • NBN Availability: Not Currently Available
Sold / Leased Results

Name Result Date Floor Land Result Price
21-29 Sold 01/07/2017 1080m2 2875m2 $1,450,000
Industrial Warehouse with Income & Extra Land

Presenting an exciting opportunity to build on your commercial portfolio with the acquisition of this attractive investment.

Leased to a market leader in their field and returning $106,000 per annum net, the property features;

- Total building area: 1,080m2*
- Total land area: 2,875m2*
- Complete drive through access
- Rear hardstand access
- Clear span warehouse
- Front & rear roller door access
- Offices and boardroom

The tenant Scan-Rent Australia was established in 2007 and provide the construction industry a range of vertical access products including industrial hoists, work platforms and crane climbers to name a few.

Located 15km's from the CBD the property is surrounded by major roads including Boundary Road, Palmers Road, Doherty's Road and offers immediate access to the Western Ring Road and Westgate Freeway.

For further information please contact CVA Property Consultants.

Additional Information
Features
  • Zoning: Industrial 2 Zone
  • Lease Term: Two Years
  • Rent Review: CPI Annually
  • Car Spaces: Ample
Sunshine West Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $91 ---
Offices $2841 $233 8.21%
Industrial $2841 $91 3.20%
This is the average advertised price, rent and yield for Sunshine West, VIC 3020*
* 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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