51-53 Elizabeth Street, Kensington, VIC 3031

Industrial | Industrial | Showrooms

For Sale Contact Tim Bindley

Expressions Of Interest

  • Property ID: 441365
  • Floor Area: 300m²
  • Land Area: 351m²
  • Occupancy: Vacant
Modern Food Factory

* Building Area: 300sqm
* Land Area: 351sqm
* Excellent Location
* Flexible high clearance building currently fitted out for food preparation.
* Zoned Commercial 2

Vision Real Estate are pleased to offer a rare opportunity to purchase a versatile office warehouse in a very tightly held commercial precinct in Kensington.

For Sale by EOI closing on Thursday 21st March at 2.00pm.

This building is currently fitted out for food preparation and includes the following improvements;

> Gas supply;
> Food grade sandwich panel to walls and ceiling;
> Cool room;
> Trade waste;
> These improvements could be easily removed to revert to high clearance warehouse

The building is occupied by a longstanding tenant on an overholding basis at a rental of $52,167 per annum plus outgoings and GST. Building can be occupied with 3 months to vacate to the tenant.

Located near the Bellair shopping precinct, Kensington and Macaulay train stions and the new Metro Arden Station, minutes to Citylink, Port Of Melbourne and only 3 kilometres to the CBD, this location is unrivalled.

For all enquiries and to arrange an inspection please contact Tim Bindley

Kensington Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3878 $144 3.72%
Retail $3634 $254 6.99%
Offices --- $227 ---
This is the average advertised price, rent and yield for Kensington, VIC 3031*

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.
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