Unit 35, 22 - 30 Wallace Avenue, Point Cook, VIC 3030

Offices | Industrial

Sold

  • Property ID: 347917
  • Floor Area: 340m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 35 Sold N/A 340m2 N/A Contact Agent
Premium Point Cook Investment!

An excellent opportunity to secure a quality investment is now available for private sale.

This modern office warehouse commands attention with its impressive reception, fully air-conditioned two level office with a mix of open plan spaces and glass partitioned offices. The property encompasses a fully fitted bar, dining and entertaining area, as well as excellent staff amenities and container height RSD providing access to a secure garage/storage area.

Located within the tightly held Wyndham Gate Commercial Centre, this landmark development is arguably one of the best business estates positioned in one of Melbourne's most rapid growth corridors. The property boasts convenient access to Palmers Road, Princes Freeway and associated western arterials as well as Williams Landing Train Station.

Property Features Include:


- Total building area: 340m2*
- Two level office of 312m2*
- High clearance storage area of 28m2*

- Four (4) car spaces on title
- Three phase power available

Investment summary:


- Business established in 2010 operating from the premises for the past six (6) years
- Terms: Five (5) years with Two (2) further terms of Three (3) years each
- Rental $55,000 pa plus outgoings & GST
- 3.5% annual increases with market review
- Security bank guarantee equivalent to 6 months rental
- Director and personal guarantees


The property is currently tenanted by AR Property Investments Pty Ltd, a successful and well established Real Estate agency providing unique and professional services around property investment and management.

Click here to view tenant website

For further information or to arrange an inspection, please contact CVA Property Consultants.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Lease Term: Five (5) years
  • Rent Review: 3.5% annually
  • Car Spaces: Four (4) on title
Point Cook Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $7493 $392 5.23%
Offices $7449 $449 6.03%
Industrial $4071 $161 3.96%
This is the average advertised price, rent and yield for Point Cook, VIC 3030*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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™.
  • 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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