THE RACE TO INNER WESTS BEST STARTS HERE.
AUCTION: 30TH NOVEMBER 2022 AT 12PM
POINT OF INTEREST:
A freehold warehouse in the tightly held west is an opportunity off to a flying start. With 220 sqm* of building space that can function as a factory or for storage, and an additional 214.4 sqm* of surrounding land, assets of this calibre are few and far in the area. Case in point when looking at the established neighbours, namely CSR Gyprock, Daily Blooms, Foodbank Victoria, and Murrays Coaches. From the outside, you’re surrounded by secure fencing and gates. On the inside, you benefit from a separate office, kitchenette, and bathroom with a shower. There’s also enough space for four cars to park, and a motorised roller door to keep goods moving. Currently occupied on a month-to-month tenancy with a six-month vacate clause, the asset turns over $27,580 per annum net. Keep it that way, develop it further for maximum returns, or occupy the space yourself — the grounds here are paved for trades of all kinds. Sandwiched between the West Gate Freeway and the Docklands Highway, access in, through and out of the city couldn’t be easier. And for public transport commuters, Yarraville station services the Werribee and Williamstown lines, connecting you to the CBD city loop in twelve minutes — or five stops.
- 220 sqm* total building area.
- 434.4 sqm* total land area.
- Industrial 3 zoning.
- Freehold title with additional hardstand/storage area.
- Clear span warehouse.
- Security fence and gates around the perimeter.
- Currently returning $27,580 per annum with a six-month vacate clause.
- 0.85 km* from West Gate Freeway.
- 1.32 m* from Williamstown Road.
- 1 km* from Yarraville station.
- 5.82 km* from Melbourne CBD.
POINT OF VIEW:
This week, Melburnians are looking to the inner west for the winner of this year’s race. The odds to secure this one — anyone’s game.
*Approx.
Pricing excludes GST
Remember to mention you found this property on CommercialReady
