9-11 Fitzgerald Road, Laverton North, VIC 3026

Industrial | Showrooms | Development/Land

For Sale Contact Agent

  • Property ID: 382676
  • Floor Area: 2095m²
  • Land Area: 120000m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
STRONG INCOME, MAIN ROAD EXPOSURE AND DEVELOPMENT UPSIDE!

CBRE is delighted to offer 9-11 Fitzgerald Road, Laverton North, for sale as a tenanted investment.
This unique property boasts outstanding frontage and exposure to Fitzgerald Road, one of the regions key thoroughfares.
Connectivity and travel times to all key destinations are made easy via the immediate freeway access to the Princes Freeway.
Investment Overview:
Tenancy 1 (rear half, request an IM for further details)
+ Lessee: Sri Guru Transport Pty Ltd
+ Lease Commencement: 10th March, 2021
+ Term: Five (5) years
+ Further Option: Five (5) years
+ Commencing Rental: $189,000 pa + GST & outgoings
+ Annual Increases: Fixed 3%
Tenancy 2 (front half, request an IM for further details)
+ Lessee: Solution Plant Hire Pty Ltd
+ Lease Commencement: 15th May, 2021
+ Term: Five (5) years
+ Further Option: Three (3) years
+ Commencing Rental: $164,000 pa + GST & outgoings
+ Annual increases: Fixed 2.5%
Key building features:
+ Workshop with multiple bays
+ Site area: 10,150 sqm*
+ Building area: 2,095 sqm*
+ Vehicle access via three of the four title boundaries
+ Adjoining neighbours include BP & McDonalds, operating 24/7
+ Set to directly benefit from the West Gate Tunnel project and widening of Leakes Road
+ Industrial 2 Zone, offering few restrictions
+ Located in the heart of Melbourne’s booming population growth
+ Large rear display yard
Call the exclusive team at CBRE today for more information or to arrange an on-site inspection.
*approx.

Laverton North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $2057 $92 4.48%
Industrial $3416 $187 5.46%
Offices $3634 $265 7.28%
This is the average advertised price, rent and yield for Laverton North, VIC 3026*

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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