383 Forest Road, The Basin, VIC 3154

Industrial | Medical | Retail

Sold $1,300,000

  • Property ID: 409630
  • Floor Area: 283.5m²
  • Land Area: 994m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 283.5m2 994m2 N/A
Calling All Investors – An Opportunity Not To Be Missed

Tsimos Commercial is delighted to offer for the first time in decades – 383 Forest Road, The Basin.

Located at the footsteps of Sassafras and only 31km from the Melbourne CBD, the property provides investors the luxury of a small-town atmosphere with easy commute to the CBD. Close proximity to local retail amenities and major road arterials adds further appeal to an already unmissable investment opportunity.

Other Features:
– Approx. 283.5m2 of Building
– Approx. 995m2 of Land
– Onsite Cark Parks

Lease Summary:
- Tenant: Strong and Stable (Gym/Rehabilitation centre)
- Lease term: 5 Years
- Commencement date: 1 September 2021
- Further terms: 1 x 5 Years
- Rental: $50,000 P.A. (NET)
- Annual Reviews: 3%

This is surely an opportunity not to be missed!

For further information or to arrange a private viewing, please contact one of the listed agents.

The Basin Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $4586 --- ---
Offices --- $162 ---
Retail $4545 --- ---
This is the average advertised price, rent and yield for The Basin, VIC 3154*

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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