5, 28 Silkwood Rise, Carrum Downs, VIC 3201

Industrial

Sold

Sold

  • Property ID: 450263
  • Floor Area: 810m²
  • Land Area: 1058m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 29/11/2024 810m2 1058m2 Contact Agent
INDUSTRIAL INVESTORS: THIS IS YOUR SIGN.

For sale via Expressions of Interest closing 4th December 2024 at 12.00PM

The next & final Open for Inspection is Thursday 28th November at 1.00pm - 1.30pm. Please contact agent to register your attendance

POINT OF INTEREST:

If you’re in the market for a 1,058 sqm* plot of Carrum Downs land with an 810 sqm* building to generate high-returning income, this is an opportunity you want to act fast on.

Securely leased to Signversal Pty Ltd since 2014, the reputable print and signage company brings in a solid rental income of $110,000 per annum and recently renewed its lease agreement for another 5 + 5 + 5 years. There is also a gigantic signage opportunity on the rear of the building for millions of passing cars on east link annually.

Accessibility is spelled with a capital A in Carrum Downs: literally, thanks to the East Link that connects you to the CBD and Melbourne’s Peninsula that practically runs through your backyard, and figuratively, with the thriving industrial precinct being a compelling investment for anyone looking to capitalise on this high-yielding asset class.

- Total building area: 810 sqm*
- Land area: 1,058 sqm*
- Leased to Signversal since 2014.
- Current Income: $110,000 per annum.
- Lease Term: 5 + 5 + 5 years
- Current term commencement: 1st November 2024
- Industrial 1 zone.
- 10 on-site car spaces.
- Huge signage opportunity to East Link on rear of building.
- 1.6 km* from EastLink.
- 35 km* from Melbourne CBD.


POINT OF VIEW:

This property combines the best of high-yielding industrial investments with the stability of a long-term tenant in place. Seasoned and first-time investors, this is your sign.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Subject to a lease
  • Lease Term: 5 + 5 + 5 Years
  • Rent Review: 3.5% per annum.
  • Car Spaces: 10 on site
  • Condition: Excellent.
  • Air Conditioning: Yes
  • Floors: Carpet / concrete
  • Lifts: NA
  • Height: 8 metres*
  • Age: 2014
  • Car Parking Fees: Nil.
Outgoings
  • Water Rates: $996.50* p.a (2024)
  • Land Tax: $2,160.00* p.a (2024)
  • Council Rates: $5,875.50* p.a (2024/25)
  • Owners Corp. / Insurance: $6,481.07* p.a (2024)
Carrum Downs Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $369 ---
Industrial --- $131 ---
Offices --- $369 ---
This is the average advertised price, rent and yield for Carrum Downs, VIC 3201*

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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