1 & 2, 23 Pipe Road, Laverton North, VIC 3026

Industrial

For Sale Contact Agent

  • Property ID: 334320
  • Floor Area: 648m²
  • Land Area: 1000m²
  • Occupancy: Vacant
TENANTED INVESTMENT IN RARE INDUSTRIAL 2 ZONE

Warehouses 1 & 2/23 Pipe Road, Laverton North are offered for private sale as a long term tenanted investment.
The property comprises cool rooms, drainage and other specialised features and has been leased to a long term tenant.
The Industrial 2 Zoned area in Melbourne's west is one of only two pockets in Melbourne where certain businesses can operate. There is no further land to be re-zoned Industrial 2 which will ensure continuous demand for occupiers in this area.
An immediate, secure income and long term land baking are two of many upsides of this property.
Lessee: Fresh Halal Poultry Pty Ltd
Lease commencement: March 2016
Lease term: 5 years
Further options: 5+5+5 years
Rental return: $64,928 pa + GST & outgoings
Annual rent reviews
Total building area: 648sqm*
Total land area: 1,000sqm*
Industrial 2 Zone
All outgoings payable by the tenant
*approx.

Laverton North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $98 ---
Industrial $1711 $122 7.15%
Offices $4507 $306 6.79%
This is the average advertised price, rent and yield for Laverton North, VIC 3026*
* 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:

  • 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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