9A Production Drive, Campbellfield, VIC 3061

Investment | Other

Sold $1,550,000

  • Property ID: 266224
  • Floor Area: 1350m²
  • Land Area: 1816m²
  • NBN Availability: Not Currently Available
  • Cafes: 2 nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Total buioding area Sold 07/09/2017 1350m2 1816m2 $1,500,000
Solid Industrial Investment Opportunity - Circa 6% Yield

CVA are very pleased to offer this attractive long term investment opportunity. This very desirable modern, well designed property represents good value and provides a solid income stream.

Located in the heart of Campbellfield's industrial precinct with excellent arterial road access, the quality property provides two storey office, high clearance warehouse, large dedicated power supply and ample off-street parking.

Benefits
Leased to a multi-award winning baked goods manufacturer with production and distribution facilities in Western Australia and Sydney, the company's continued growth has seen it recently expand into Melbourne. With many accolades to its' credit including being voted Australia's best meat pie, CVA are proud to count them among our many quality tenants.

- Circa 6% return
- Strong 5 + 5 year lease
- Lease commenced May 2017
- Current rental $92,000 per annum
- Tenant pays all outgoings

Features
- 600* amp 3 phase power supply!
- 8m* truss clearance
- Total building area 1,350m2*
- Includes 2 level office of 150m2*
- Showroom/additional office space of 99m2*
- Container height roller shutter door access
- Great staff amenities including kitchen/lunch room, shower, covered balcony
- Lock up front yard with 18 car spaces
- Powder coated tubular steel fencing and gate
- Small rear yard - 50m2*

We invite you to inspect consider this opportunity.


*approx.

Additional Information
Features
  • Zoning: Industrial 1
  • Lease Term: Five years with a further term of five years
  • Rent Review: Annual 3%
  • Car Spaces: 18 on site
Campbellfield Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3120 $150 4.81%
Offices $2819 --- ---
Industrial $2925 $146 5.00%
This is the average advertised price, rent and yield for Campbellfield, VIC 3061*
* 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™.
  • Nearby Cafes - Number of cafes located within 500 metres of 9A Production Drive, Campbellfield, VIC 3061. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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