420 Somerville Rd, Tottenham, VIC 3012

Industrial | Development/Land | Other

For Lease Contact Agents

  • Property ID: 439261
  • Land Area: 25333m²
F O R L E A S E | Hardstand with B Double access close to Melbourne Ports 25,333m2

Rare opportunity to lease 25,333m2 industrial hard stand site close to Melbourne Port & CBD
Available from mid Feb 2024 this Industrial 1 Zone site is suitable for a broad range of uses including, port operations container storage & logistics activities.
Tottenham in Melbourne’s inner west is situated less than 10km from the Melbourne CBD and only 6km from Melbourne’s highly successful major port and Docklands precinct.
The area is characterised by large warehousing and distribution businesses predominantly focused on supporting Melbourne's’ port related import and export industries.
Given the locations proximity to the CBD and rapidly expanding Melbourne Port operations, the location offers a unique opportunity for transport related industries to save considerable transport costs and time for an array of business uses. No buildings only vacant land available. Recent EPA report available for OH&S compliance.

Tottenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $67 ---
Industrial --- $93 ---
This is the average advertised price, rent and yield for Tottenham, VIC 3012*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Lease

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.
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