AND Property is pleased to exclusively offer for sale via Private Sale a last mile industrial development opportunity in Melbourne’s Industrial heartland, 21-23 Little Boundary Road, Laverton North.
Located with direct access to the Princes Hwy/ Geelong Road (400m), in this central position of Laverton North’s industrial precinct, situated only 9.9 kilometers from the Port of Melbourne, 11.5 kilometers west of Melbourne CBD and 15.5 kilometers south of Tullamarine Airport.
21 Little Boundary is currently returning $241,318.08 per annum on a month-to-month lease and 23 Little Boundary, Laverton North is currently returning $290,173.56 per annum plus GST and outgoings until May-2025 having the ability to capture a market review in less than 10 months.
The properties are to be sold together or individually, although 23 Little Boundary Road must be purchased together with 21 Little Boundary Road.
21 Little Boundary Road can be purchased independently.
AND the Property Highlights:
21 Little Boundary Road, Laverton North:
- Total Building Area: 4,735 m2*
- Total site area: 10,942 m2*
- Two (2) Metre High Multiple Roller Shutter Doors
- 50.28m frontage to Little Boundary Road
- Expansive concrete yard space
- Truck weigh bridge
- Month to Month income
- 400 Amps running to the board
23 Little Boundary Road, Laverton North:
- Total building area: 2,032 m2*
- Site area: 11,400 m2*
- Four (4) Roller Shutter Doors
- Expansive crushed rock yard
- 50.34m frontage to Little Boundary Road
- Income of $290,173.56 per annum plus GST and outgoings until May 2025 with market review at option
Additional Highlights:
- Substantial land holding of 2.23ha*
- Total building area of: 6,767 m2*
- Scale to develop a single building, multiple warehouses or a land subdivision in one of Australia’s premier industrial locations
- 100 meters of Little Boundary Road frontage
- Great access to Princes Hwy/ Geelong Road (400m) & Boundary Road (590m)
- One of Australia’s premier industrial locations surrounded by Austco Polar Cold Storage, Greeting Fortune, Kennards Hire & Harry the Hirer
- Located in the tightly held Laverton North industrial precinct
- Industrial 2 Zone (IN2Z)
- 30% of Site Coverage Don’t miss this opportunity to purchase side-by-side development opportunities with a guaranteed income for either the short to medium term with endless future possibilities in a prime location.
Please contact one of the exclusively appointed agents at AND Property for more information or to arrange an on-site inspection.