28B Taunton Drive, Cheltenham, VIC 3192

Industrial | Showrooms

Sold $1,200,000

  • Property ID: 427291
  • Floor Area: 461m²
  • Land Area: 461m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 461m2 461m2 N/A
INVEST NOW WITH FUTURE UPSIDE

UNDER INSTRUCTIONS FROM THE EXECUTOR!

Tsimos Commercial is delighted to offer this premium Industrial property for sale.

The property is well located in the Cheltenham Industrial precinct, close to Moorabbin Airport and the newly opened Mordialloc Freeway.

Position, access and future potential are key points with this industrial property. This property has it all and should be on everyone's radar.

Property Features:
- Building area approx. 461m2
- Land are approx. 461m2
- Industrial 1 zone
- Securely leased to 2 tenants with a net rental return of $54,550 p.a. plus GST

- Front – Sassy Foods
$33,959.28 pa net
3 year lease commencing 18/3/22
Options - one 3 year option

- Rear – Tea Bakery Systems
$20,592.00 pa net
3 year lease commencing 18/3/22
Option - One 3 year option
- Great Opportunity to collect rent now and occupy later
- Flexible of multiple tenants

Open for Inspection:
Thursday 2nd March 3:00pm - 3:30pm

For more information, please contact one of the selling agents.
Tsimos Commercial Real Estate recommend that interested parties take

Cheltenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5582 $330 5.92%
Industrial $5091 $176 3.46%
Retail $5980 $345 5.78%
This is the average advertised price, rent and yield for Cheltenham, VIC 3192*

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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