54 - 58 Vella Drive, Sunshine West, VIC 3020

Industrial

Sold

Sold

  • Property ID: 348594
  • Floor Area: 3647m²
  • Land Area: 5602m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold N/A 3647m2 5602m2 Contact Agent
Superior Investment Leased to A World Renowned Tenant

A substantial industrial investment occupied by a high profile tenant and positioned in the heart of the inner west is now offered for sale for the first time via Expressions Of Interest closing Wednesday 13th November 2019 at 3pm.

54 - 58 Vella Drive, Sunshine West comprises an immaculate 3,647m2* clear span warehouse with a 372m2* ground floor office and valuable 930m2* of front hardstand with dual entry and RSD allowing for easy truck access and maneuverability.

Positioned on Vella Drive 15kms* from the Melbourne CBD this property provides fantastic access to The Western Ring Road, Somerville Road, Boundary Road, Fairbairn Road and all outer western suburbs.

Leased to an extremely well established and renowned tenant returning $245,062.00 with a recent substantial investment made by the tenant underpinning the longevity of their occupancy.

Property / Investment details:

- Total building area: 3,647m2*
- Land area: 5,602m2*
- Tenant: Crown Melbourne Limited
- Current rental: $245,062.20
- 55 metre frontage
- Dual access & RSD

*Approx.
Pricing excludes GST

Additional Information
Features
  • Lease Term: Five (5) year + two (2) further terms one (1) year
  • Rent Review: Annually
  • Car Spaces: Onsite
  • Condition: Very Good
  • Air Conditioning: Yes
  • Floors: Concrete / Carpet
  • Lifts: N/A
  • Height: 7 - 8 metres*
  • Car Parking Fees: Nil
Sunshine West Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $91 ---
Industrial $2841 $91 3.20%
Offices $2841 $233 8.21%
This is the average advertised price, rent and yield for Sunshine West, VIC 3020*

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

Days on Market data for Industrial 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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