8 Industrial Avenue, Hoppers Crossing, VIC 3029

Industrial

Sold

  • Property ID: 382291
  • Floor Area: 191m²
  • NBN Availability: Not Currently Available
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 1 Sold N/A 191m2 N/A Contact Agent
Unit 2 Sold N/A 191m2 N/A Contact Agent
Unit 3 Sold N/A 191m2 N/A Contact Agent
Unit 4 Sold N/A 191m2 N/A Contact Agent
Unit 5 Sold N/A 191m2 N/A Contact Agent
LEASED INVESTMENT - PRICED TO SELL

POINT OF INTEREST:

Located just 2 km* from the Princes Freeway, with direct access to Old Geelong Road this newly built estate of modern warehouses could be the key to your business for years to come. With warehouse 5 being the last available, act now to secure a prominent leased investment in this highly desired development. 8 Industrial Avenue truly does raise the benchmark for quality and accessibility comprising an abundance of facilities and features all in addition to a passive income stream of $30,480.00 per annum plus GST and outgoings.

- Warehouse 5 -

High quality warehouse and mezzanine
Leased for three (3) years plus further terms of three (3) years and three (3) years.
Current rental return of $30,480 per annum plus GST and outgoings.
Building area of 191 sqm* (Warehouse 147 sqm* + Mezzanine 44 sqm*).
Three-phase power.
Four car spaces.
Easy truck accessibility.
Abutting Old Geelong Road “Golden Mile”.

POINT OF VIEW:

Look no further than this set and forget investment in the ever-evolving, fast paced Hoppers Crossing industrial precinct!

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Upon settlement
  • Lease Term: Three (3) years plus further terms of Three (3) years and Three (3) years
  • Car Spaces: 4 per unit
  • Condition: Excellent
  • Floors: Concrete/ Carpet
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: TBA
  • Land Tax: TBA
  • Council Rates: TBA
  • Owners Corp. / Insurance: TBA
Hoppers Crossing Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3862 $399 10.34%
Offices --- $399 ---
Industrial $3148 $151 4.81%
This is the average advertised price, rent and yield for Hoppers Crossing, VIC 3029*

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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