270 Rex Road, Campbellfield, VIC 3061

Industrial

Sold

  • Property ID: 392263
  • Floor Area: 1530m²
  • Land Area: 2244m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold N/A 1530m2 2244m2 Contact Agent
THE TENANT'S JUST RE-SIGNED, SO NOW'S THE TIME.

POINT OF INTEREST:
Private Sale Closing Thursday 22nd July 2021 at 2pm.

It’s not often a Bruce Henderson Architects designed industrial building comes on the market. It’s bringing in $129,744 per annum via longstanding tenant National Engineering Group — with a further 5-year lease having just been secured. This freestanding, 1,530 sqm* industrial facility features a clear span 9-metre-high warehouse, corporate office space across two levels, two container height roller shutter doors, security gates, and on-site car parking numbering 14. Usually in real estate we talk about location, but here, it’s about logistics — the property is just 280 m* from Cooper Street, 1 km* from Sydney Road and 2.7 km from the Hume Freeway.

- Total building area of 1,530 sqm*, including office/showroom 270 sqm*
- Currently tenanted to National Engineering Group returning $129,744 pa.
- New 5 + 5 year lease signed 15 June 2021.
- Freestanding site of 2,244 sqm*.
- 14 carparks on-site.
- Industrial 1 Zoning.
- Depreciation taxation allowances

POINT OF VIEW:

The strength of this lease is well engineered and is the perfect opportunity for any savvy investor. And with a fresh 5 + 5 year just signed, while the ink dries on that dotted line, this one is ready for yours.


*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Upon Settlement
  • Lease Term: Five (5) Years + Five (5) Years
  • Rent Review: Annual 3% per annum, Market at option
  • Car Spaces: 14 on-site
  • Condition: Excellent
  • Air Conditioning: To office
  • Floors: Concrete/ Carpet
  • Lifts: No
  • Height: 9-10 metres *
  • Age: circa 2008/2009
  • Car Parking Fees: Nil
Outgoings
  • Land Tax: $1,325.00 (Single holding - estimate)
  • Council Rates: $7,476.00
  • Owners Corp. / Insurance: NA
Campbellfield Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $2000 --- ---
Offices --- $278 ---
Industrial --- $85 ---
This is the average advertised price, rent and yield for Campbellfield, VIC 3061*

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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