18 Earl Street, Airport West, VIC 3042

Investment | Industrial

Sold

10% deposit. Balance 60 days

  • Property ID: 270163
  • Floor Area: 542m²
  • Land Area: 698m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
  • Nearby Parking: Private
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 11/10/2017 542m2 698m2 Contact Agent
Airport West Industrial Opportunity with Income

CVA Property Consultants are proud to offer 18 Earl Street, Airport West for sale via Public Auction on Wednesday 11th October 2017 at 12pm on-site.

This 545m2* unique opportunity situated off Matthews Avenue will provide either the astute investor/owner occupier with a solid return or a savvy developer the means to capitalise on the flexible Commercial 2 zoning.

Currently leased to Superstone Premium Automotive Parts, the property can be summarised as follows;

- Rental Return: $41,643.00 per annum plus GST net
- Lease Term: Two (2) years expiring 13th May 2019

Building Summary:

- Building area: 545m2*
- Land area: 698m2*
- 4 on-site car spaces*

Located 350m* from the Tullamarine Freeway, this highly convenient location provides comfortable access to other associated arterials including Western Ring Road and Calder Freeway as well as the Melbourne Airport and the expanding Essendon Fields.

Additional Information
Features
  • Availability: Upon settlement
  • Zoning: Commercial 2 Zone
  • Lease Term: Two (2) years
  • Rent Review: 3% annually
  • Car Spaces: 4
  • Condition: Excellent
  • Air Conditioning: Yes in office
  • Roller Doors: Yes
  • Floors: Concrete
  • Lifts: Nil
  • Sprinklers: Nil
  • Height: 6m*
  • Car Parking Fees: 0
Outgoings
  • Water Rates: $1,045.00 per annum plus GST (approx)
  • Council Rates: $2,342.40 per annum plus GST (approx)
Airport West Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4935 $519 10.52%
Industrial $2428 $199 8.18%
Offices $6369 $336 5.28%
This is the average advertised price, rent and yield for Airport West, VIC 3042*
* 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 Parking - Commercial and private parking spaces available within 500 metres of 18 Earl Street, Airport West, VIC 3042. Powered by Parkhound. Visit their site to find out about parking spaces available 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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