82 Wedgewood Road, Hallam, VIC 3803

Industrial

Sold

  • Property ID: 431530
  • Floor Area: 751m²
  • Land Area: 952m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 14/08/2023 751m2 952m2 Contact Agent
WAREHOUSING FOR GROWING GAINS.

POINT OF INTEREST:

Beyond fit for purpose, this outstanding industrial heavyweight asset leaves nothing unticked within a sought-after suburb. The warehousing has been designed with a generous floorplan, supreme truck access, mechanical roller door, and clever loading space for 20 and 40-foot containers. For better admin, the dual-level office and showroom have heating and cooling, a modern kitchenette, male and female amenities with a shower, and 10 on-site car spaces. If you can already visualise your stock, materials, and equipment being organised here, you’ll find it interesting to know that the neighbours are no small-fry names. Bunnings, Bowens, and Woolworths are around the corner, making use of the major arterials like Princes Highway, the Eastlink, and the Monash within their orbit. For investors, this industrial precinct hasn’t seen a leasing campaign last longer than a few weeks, with Hallam railway station only 1.4 km* from the site.

- 751 sqm* total building area.
- 952 sqm* total land area.
- Vacant possession.
- Industrial 1 zoning.
- 10 on-site car spaces.
- 8 m* approx internal height.
- 601 sqm* of clear span warehousing.
- 150 sqm* of dual-level office and showroom space.
- 1.5 km* from Hallam railway station.
- 3.3 km* from the Monash Freeway.

POINT OF VIEW:

A business is only as efficient as its HQ. And with an asset designed specifically to help shift more of what it stores, 82 Wedgewood is less of an investment and more of a highly strategic business move.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 30 - 90 days
  • Car Spaces: 10 on-site.
  • Condition: Excellent.
  • Air Conditioning: Yes - in office areas.
  • Floors: Concrete and carpet.
  • Height: 7.5-8 metres*
  • Age: c. 15 years.
  • Car Parking Fees: N/A.
Outgoings
  • Water Rates: $933.12 p.a.*
  • Land Tax: $2,083.50 p.a.*
  • Council Rates: $4,257.57 p.a.*
  • Owners Corp. / Insurance: TBC
Hallam Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4624 $514 11.10%
Offices $3794 $361 9.51%
Industrial $4503 --- ---
This is the average advertised price, rent and yield for Hallam, VIC 3803*

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:

  • 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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×