107 Keilor Road, Essendon, VIC, 3040

POINT OF INTEREST:

A flagship automotive workshop amongst Essendon’s prominent commercial strip; this is an investment to the tune of guaranteed success. Standing tall amongst big-name titans like KFC, Midas, McDonald's and 400 Gradi, this asset holds its own with 839 sqm* of land and 220 sqm* of building on top. More specifically, the property is made up of workshop, office and amenities storage space, but the nationally recognised and trusted tenant has occupied the property for 35 years, proving there is long-term loyalty here. These customers could come from the frontage exposure to 14,000 cars on a daily basis, or perhaps the connection to the residential community that surrounds the neighbourhood (like the primary school that sits opposite). Either way, the convenient on-site parking welcomes them in, and the seamless access to the Tullamarine Freeway offers a clever connection to the rest of Melbourne. And when cars aren’t in the picture, the 59-tram and the 477-bus are quite literally on the doorstep, too.

-    Returning $83,288 p.a + outgoings & GST.

-    5 + 5 year lease commenced 1st October 2022.

-    839 sqm* total land area.

-    Commercial 1 zoning.

-    18.3 m* frontage to Keilor Road.

-    On-site car parking.

-    Over 14,000 passing vehicles daily.

-    640 m* to Bulla Road.

-    700 m* to the Tullamarine Freeway.

POINT OF VIEW:

A 35-year residency paired with Australia’s biggest brands setting up shop here for good; others have already run the numbers so you can ring ours.

*Approx.

Pricing excludes GST

Remember to mention you found this property on CommercialReady