24 Vella Drive, Sunshine West, VIC 3020

Other

Sold Contact Agent

Sold

  • Property ID: 348777
  • Floor Area: 1159m²
  • Land Area: 1948m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 1159m2 1948m2 Contact Agent
Stand Out Corner Industrial Investment!

This corner industrial investment located at 24 Vella Drive, Sunshine West is now available for sale via Expressions Of Interest Closing 13th November 2019 at 3pm.

24 Vella Drive, Sunshine West comprises a total building area of 1,159m2* with a quality 220m2* ground and first floor office component.

Situated on 1,948m2* of industrial zoned land this corner property benefits from a large front hardstand area ideal for loading/unloading capabilities and a fully secure and gated entrance.

Positioned on the corner of Vella Drive and Grace Court and providing tremendous access to The Western Ring Road, Somerville Road, Boundary Road, Fairbairn Road and only 15kms* to the Melbourne CBD.

Leased to and established tenant Empire Red Event Solutions returning $87,975.00 p.a net on a three (3) year term.

Property/Investment details:
- Building area: 1,159m2*
- Land area: 1,948m2*
- Current rental: $87,975.00 p.a net
- Term: Three (3) years
- Options: Two (2) further terms of three (3) years
- Commencement: 1st August 2018
- 3.5% increases
- Corner location

*Approx.
Pricing excludes GST

Additional Information
Features
  • Lease Term: Three (3) years
  • Rent Review: 3.5% annual increases
  • Car Spaces: Onsite
Sunshine West Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $87 ---
Industrial $1364 $97 7.12%
This is the average advertised price, rent and yield for Sunshine West, VIC 3020*
* 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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