76 Lara Way & 12 Randor Street, Campbellfield, VIC 3061

Industrial | Development/Land

Sold

  • Property ID: 402622
  • Floor Area: 800m²
  • Land Area: 3450m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold N/A 800m2 3450m2 Contact Agent
A GAME CHANGING NORTHERN OPPORTUNITY

AUCTION: WEDNESDAY 15TH DECEMBER 2021 AT 12PM ON-SITE.

POINT OF INTEREST:
This is a precinct that is not only a coveted industrial hub but is also meticulously well-connected to the rest of Melbourne. The land area stretches out across two properties, providing plenty of flexibility in access, but also in ample street frontage at a total of 50 m*. The expansive building itself has been designed with versatility at the forefront — there’s multiple access points, a sprawling hardstand, high clearance, and three container height roller doors with drive through access. There’s also a fit-for-purpose office space with shower facilities, a kitchenette and plenty of parking on site.

When it comes to position, there’s not much better — located just off Sydney Road, moments from the M80 Ring Road, and 12 minutes from the Hume Highway — you’re placed nearby all of Melbourne’s vital arterials.

- 3,450 sqm* land area over two titles.
- 800 sqm* building area.
- 2 street frontages of 25 m* each.
- 3 roller doors with driver through access.
- Favourable redevelopment upside.
- Industrial 1 Zoning.
- 1.9 km* to Sydney Road.
- 8 km* to the Hume Highway.
- 1.78 km* from Upfield Railway Station.

POINT OF VIEW:
Last mile centres and warehousing for additional stock are becoming hot commodities in our post-lockdown world, and this generous property will be an incredible asset to any business heading into 2022.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 60/90 Days
  • Car Spaces: Ample on-site parking
  • Condition: Good
  • Air Conditioning: Yes
  • Floors: Concrete
  • Lifts: N/A
  • Height: 7m* approx.
  • Age: TBA
  • Car Parking Fees: N/A
Outgoings
  • Water Rates: $1,570.80 p.a approx.
  • Land Tax: $431.87 p.a approx.
  • Council Rates: $5,077.90 p.a approx.
  • Owners Corp. / Insurance: TBA
Campbellfield Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2819 --- ---
Retail $3120 $150 4.81%
Industrial $2925 $146 5.00%
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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