77a Patch Circuit, Laverton North, VIC 3026

Industrial

For Sale

  • Property ID: 447516
  • Floor Area: 530m²
  • Land Area: 768m²
  • Occupancy: Tenanted
Brand New Tenanted Investment Opportunity

With a critical shortage of top-tier industrial properties in Melbourne's rapidly growing West, 77A Patch Circuit presents a rare chance for investors to acquire premium real estate in Laverton North's final industrial subdivisions, Junction Estate.

The property's prime location is a key advantage, positioned just off Doherty’s Road for direct access to Grieve Parade and the Princes Freeway, ensuring seamless connectivity for your business to the broader Metropolitan Melbourne area.

AND Property details:

+ Total building area: 530 m2*
+ Total warehouse area: 430 m2*
+ Total office area: 101 m2*
+ Clear-span warehouse
+ Container height RSD
+ Staff amenities on both ground and first floor
+ Air conditioning
+ Standalone property secured with gates and fences
+ Zoned Industrial 2
+ 8 car parks
+ 3 Phase Power

AND Lease Details:
Tenant: Mehar & Sons Pty Ltd
Income: $90,000 +GST +Out Goings
Term: 3+3+3+3 (Market review at the end of each term)
Annual Increase: 5% or CPI whichever is higher
Commencement: 03/06/2024

AND the location overview:

- 2km* from the Prince Freeway on and off ramps
- 14km* from the CBD
- 12km* from the Port of Melbourne
- Located amongst network of heavy vehicle B – Double compliant roads

For further information, including the information memorandum please contact the team at AND Property.

https://andproperty.com.au/

Approx*

Additional Information
Features
  • Availability: Subject to a lease
  • Lease Term: 3 years + 3 Years + 3 Years
  • Rent Review: Annual Increase of 5% or CPI whichever is higher
  • Car Spaces: 8
  • Air Conditioning: yes
Laverton North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $4682 $217 4.64%
Retail --- $349 ---
Offices $4749 $268 5.63%
This is the average advertised price, rent and yield for Laverton North, VIC 3026*

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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