(Lot 62) 12 Pickett Drive, Altona North, VIC 3025

Industrial | Offices

For Sale Contact Agent

  • Property ID: 327290
  • Floor Area: 123m²
  • Occupancy: Vacant
  • NBN Availability: Not Currently Available
  • Cafes: 20+ nearby
OUTSTANDING WAREHOUSE READY TO MOVE IN FROM 369K

Unique opportunity to own a brand new commercial property in the thriving Millers Junction Shopping Centre and Business precinct.
12 Pickett Drive (lot 62) at Millers Junction Business is ready to move in today! Inspect the property on Thursdays between 12-1pm or contact the sales agents to arrange a private appointment.
Ideally located in Altona North just 12 km from the CBD, at the gateway to the fast-growing Western Corridor, Millers Junction features 80 businesses and is already home to major names that include Bunnings, Officeworks, Aldi and JB HiFi.

With convenient road and public transport access, plus foot traffic from neighbouring large format retail outlets, the precinct will soon be adding a food and beverage hub, along with other big-box retailers. This is an opportunity not to be missed, so enquire now and take advantage of your last chance to purchase now.
+ Flexible state-of-the-art warehouses - 123sqm
+ Mezzanine floor 40sqm*
+ Commercial 2 Zoning accommodating a wide variety of uses
+Retail facing – across from big box retailers with over 1,600 car spaces
+ Millers Junction Retail next door includes Woolworths & BWS (150m)
+ Food & Beverage hub coming soon to Millers Junction
+ High occupancy rates of 98% (Achieved on earlier project stages 1-3)
+ Consistent proven rental yields averaging between 6% - 7%
+ Easy access to major arterials, Melbourne CBD and public transport - 2k from West Gate Freeway and 12km to CBD
+ One car space on title plus a shared pool of 70+ visitor spaces
+ Expansive glazing providing generous natural light
+ Full amenities including showers and kitchenette
+ 3 phase power

Altona North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2899 --- ---
Retail $6497 --- ---
Industrial $2899 $148 5.10%
This is the average advertised price, rent and yield for Altona North, VIC 3025*
* 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.
Agency Details

CBRE Melbourne

Level 34, 8 Exhibition Street, Melbourne, VIC 3000

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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 (Lot 62) 12 Pickett Drive, Altona North, VIC 3025. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • Disclaimer - We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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