92 Merola Way, Campbellfield, VIC 3061

Industrial

Sold

  • Property ID: 419821
  • Floor Area: 881m²
  • Land Area: 1200m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
92 Merola Way Sold 20/10/2022 881m2 1200m2 Contact Agent
A FOOD FACTORY FOR LARGE-SCALE APPETITES

POINT OF INTEREST - Auction Wednesday 19th October 2022 at 12 PM on site
A sophisticated food production facility where the hard work has already been done.

Standalone and surrounded by wide industrial streets, this asset is built to make, bake, cook and deliver. Looking at the numbers, the building offers a generous 881 sqm*, set on a total land holding of 1,200 sqm* and has been operating as a high-tech food facility for the past 14 years. Previously specialising in the production of gluten, wheat, dairy and egg-free products, this A-grade fit-out will appeal to several businesses eager to meet the growing demand in the food production/distribution industry. All the ingredients you expect to find in the perfect food production facility are here, including 400 amps* of high-capacity power and a mains gas connection providing a consistent energy supply. Two separate temperature-controlled production areas with access granted through automated food-grade curtains means that your food safety requirements are covered. Both production areas include three-phase and single-phase power outlets, food safety-compliant and touch-free wash basins, dry store, container height roller door, an in-ground 600-litre triple interceptor/grease trap, and a warehouse dispatch area.

Catering to all employees on site; the ground floor includes a welcoming reception area, staff lunchroom, change rooms and full amenities while the first-floor office includes an open plan setting with additional shower and staff amenities.

- 881 sqm* total building area.
- 1,200 sqm* total land area.
- 125 sqm* of office area.
- Industrial 1 zoning.
- On-site car parking.
- Metered gas supply
- 400 amps* of high-capacity power supply.
- 600-litre triple interceptor/grease trap.
- 3 km* to the Hume Freeway.
- 1.6 km* to Upfield railway station.
- 17.9 km* from Melbourne CBD.

POINT OF VIEW:
Located minutes from the Craigieburn bypass, you’re also moments from the Hume Highway, the M80, and Tullamarine Freeway. Additionally, the property is in close proximity to Sydney Road which means quick access to the 532 bus route or the Upfield railway station.

A food facility of this standard means you’ll produce, store, and deliver to Melbourne’s restaurants, supermarkets and family homes before the year is out.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Upon settlement
  • Car Spaces: 14 On-Site parking
  • Condition: Excellent
  • Air Conditioning: Yes in office & food production area
  • Floors: Epoxy food grade warehouse flooring, tiles to wet
  • Lifts: No
  • Height: 7 Metres* clear-span warehouse height
  • Age: 14 years
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: $1,337.02 per annum*
  • Land Tax: $1,989.75 per annum*
  • Council Rates: $4,972.10 per annum*
  • Owners Corp. / Insurance: N/A
Campbellfield Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3120 $188 6.03%
Offices $2819 --- ---
Industrial $3019 $153 5.07%
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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