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


For Sale Contact Agent

  • Property ID: 334320
  • Floor Area: 648m²
  • Land Area: 1000m²
  • Occupancy: Vacant

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.
Property details:
+ 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

Laverton North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4592 $346 7.54%
Retail --- $98 ---
Industrial $1410 $138 9.75%
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.

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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