12 Clark Street, Richmond, VIC 3121

Industrial

For Sale POA

  • Property ID: 329826
  • Floor Area: 850m²
  • Land Area: 620m²
  • Occupancy: Vacant
Large Fully Permitted Food and Beverage Factory with lapsed Cafe Permit - Inner City Circle

The Fundamentals:

These unique premises are in an emerging inner-city boutique precinct brimming with landmark residential and office developments.

In recent years the area has undergone significant upsurge in popularity. Surrounding area full of lifestyle factors both day and night creating many 24/7 opportunities.

Currently central commercial catering kitchens rented to hospitality operators.

These versatile customised premises could also be ideal for the production of pharmacy, cosmetic, brewery, distillery, coffee roasting, cafe-bar, mushroom, dark factory or laboratory or high-tech clean room manufacturing or co-working offices, off-location incubator.

Many operations (stca) would suit and could take advantage of the:

* Large Commercial Kitchen - Inner City Circle
* Two Fully Permitted Food and Beverage Factories that can operate as one factory.
* Site is fully permitted to support a 24/7 operation.
* Lapsed Permit for 32m2 Café 7 days a week.
* Pending Permit to increase NLA approx 52m2 in existing building envelope.
* Rental uplift by asset re-positioning within a thriving development zone.
* Convenient location close to Victorian Gardens Shopping Centre, public transport from Victoria Street, Burnley Street and Bridge Road, off location yet close to major roads, 4km from CBD.
* Passing rents 157k p.a. Plus GST
* The leases expire December 2019 allowing new owner many options including:

Offering Excellent Acquisition Timing to Capitalize for:

* Owner Occupier....Ready Set Go!...Plug n Play...saving time and money.

* Investor may continue as and re-write new leases to sitting tenants.

* Value Add Investor utilising the pending permit renew leases with keen existing tenants.

* Developers...Game, Set, Match.


The Details:
* Premises purpose built as cheese factory in 1981 and extensively renovated since.
* Building is a two level brick building premises erected on land.
* Currently used by several business as food factory.
* Total building area is approx 850sqm on approx 620sqm of land.

Significant Building Improvements Including:
* Premises in rock solid condition.
* Street frontage being approx 17m with two Container roller doors plus loading bay.
* One offsite car parking permit.
* Substantial installations and chattels schedule.
*Truck wash down zone with trade waste drainage in loading dock.
* Bowser underground in loading dock used for vegetable oil.
* Coolroom approx 40m2 with two doors plus pallet door forklift entry via loading dock.
* Ample gas, electricity, water, trade waste connected to premises.
* Gas lines, water lines, drainage, pneumatic air and steam lines throughout production areas.
* Climate control in production areas powered by industrial Air Con and Evaporative Cooler.
* No natural light in production areas therefore excellent climate control features.
* Walk-on insulated sandwich panel ceiling.
*Airlock facilities to and from production areas not currently in use.
* 4.2m ceiling clearance in production areas.
* 6.m ceiling clearance in warehouse.
* 10.m ceiling clearance in dock was used for silos.

UTILITIES:-
* Electricity 3phase approximately 200amp per phase
* Gas Natural 4kpa with very significant kilojoules per hour volume
* Water significant in-bound volume from street and throughout site.
* Trade Waste Agreement
* NBN internet connection in street due May 2019, currently ADSL2+
* Telephone Lines approximately 10 in street
* Floor drains in production areas.
* 3000lr Grease Trap with Triple Interceptor.

Production Services:
* Large male and female change rooms with showers and toilets.
* Ground and first floor offices with staff canteen.
* Mezzanine floor once used as machine workshop.
* Warehouse Storage separate from production areas.

Tenants:-
Premises fully let with all leases due to expire Dec 2019 with no options.
The excellent long term sitting tenants are keen to renegotiate lease renewals.

Town Planning:-
Site is situated in IND1, however it's not a question of but rather when site precinct will be rezoned.

Location:-
* Convenient location close to Victorian Gardens Shopping Centre, public transport from Victoria Street, Burnley Street and Bridge Road.
* Site surrounded by landmark office and residential developments.
* The location benefits from an abundance of excellent nearby amenities , public transport, recreational facilities including IKEA and The Victoria Gardens * Shopping and Office Precinct.
* Whilst being in a quiet zone some 4km from CBD.
* Close to major arterial roads and freeways.

Strong local and international investment in precinct is testament to its high desirability.

High profile office and residential projects currently approved or under construction are an excellent metric of the potential of the subject property as future development site.

Facilities nearby 12 Clark Street include:

* Victoria Gardens Shopping Centre incl Supermarkets, Aust Post, Cinemas, Gyms
* 7 mins walk to Bridge and Victoria Streets tram stops for No 12, 109, 48, 79 trams.
* All day car parking in surrounding streets.
* Crèche and ELC in nearby River Street.
* Capital Cycling Trail along Yarra River 100m away from Clark Street
* Royston Hotel
* Mountain Goat Brewery Bar
* Moon Dog Brewery Bar
* Clark Street Coffee Roasters Café
* Street Coffee Roasters Café
* Duke Coffee Roasters
* Velizzano Coffee Roasters Café

This is a rare opportunity close to the city with enormous versatility.

Sold subject to short-term lease that will expire 2019

Enquire today.

Phone enquiries - please quote property ID 20904

Richmond Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5552 $574 10.33%
Retail $7859 $444 5.65%
Industrial $8201 $324 3.95%
This is the average advertised price, rent and yield for Richmond, VIC 3121*
* 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

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Suite 1a, 608 Hawthorn Rd, Brighton East, VIC 3187

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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 Parking - Commercial and private parking spaces available within 500 metres of 12 Clark Street, Richmond, VIC 3121. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 12 Clark Street, Richmond, VIC 3121. 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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