Watch Watch
Your home of Commercial Ready videos
Watch Watch
Back
Sold Check

37 Laser Drive, Rowville, VIC, 3178

+10 Photos
/
Images
Close

37 Laser Drive, Rowville, VIC, 3178

Rowville

×
Sold Check
+12 Photos

37 Laser Drive, Rowville, VIC, 3178

Rowville

SOLD
37 Laser Drive, Rowville, VIC, 3178

37 Laser Drive, Rowville, VIC, 3178

Properties / Sold / Victoria / Rowville
Tenanted Investment
Selling Method
Auction
Selling Details
Contact Agent
Floor Area
1276 m² (*approx)
Property Type
Industrial, Other, Retail, Offices
Sub-type
Office/Warehouse, Office Suites, Mixed Use
Terms
3-year term commencing 21st December 2023 with a further 3-year option
Fully Leased
A2Z Flashings
Show All
RARE INDUSTRIAL FREEHOLD INVESTMENT IN TIGHTLY HELD PRECINCT
  • Secure tenanted investment
  • Recently renewed lease
  • Tenant pays outgoings including land tax

Gross Waddell ICR is delighted to present for sale 37 Laser Drive, Rowville, an exceptional industrial investment located within a tightly held industrial precinct. This well-appointed and highly functional property offers 2 container height RSD’s, quality office accommodation and comes securely leased to a bustling tenant.

• High quality warehouse and office sprawled across 1,276 sqm* of building area

• Substantial landholding of 2,020 sqm* with dual access and plenty of on-site car parks

• Securely leased to A2Z Flashings on a recently renewed lease

• 3-year term commencing 21st December 2023 with a further 3-year option

• Strong income profile of $150,000 net per annum with fixed annual increases and a market review at option

• Flexible Industrial 1 Zone (IN1Z) landholding with potential for further rental growth or ability to split into 2 tenancies (STCA)

• Tightly held industrial precinct and nestled just off Stud Road, Kelletts Road and Ferntree Gully Road

• Surrounded by a plethora of large format retail and shopping centres including Bunnings, Stud Park Shopping Centre and HomeCo Knoxfield

The property is for sale via an on-site Public Auction to be held at 12:00 pm on Wednesday the 31st of July 2024. For further information or to discuss this investment opportunity further, please contact the team at Gross Waddell ICR directly.

*approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

37 Laser Drive Investment Summary

Property Type
Industrial, Other, Retail, Offices
Sub-type
Office/Warehouse, Office Suites, Mixed Use
Tenant
A2Z Flashings
Terms
3-year term commencing 21st December 2023 with a further 3-year option
Floor Area
1276 m² (*approx)
Selling Method
Auction
Auction Date
31 Jul 2024 12:00PM
Selling Details
Contact Agent

Investment Highlights

RARE INDUSTRIAL FREEHOLD INVESTMENT IN TIGHTLY HELD PRECINCT
  • Secure tenanted investment
  • Recently renewed lease
  • Tenant pays outgoings including land tax

Gross Waddell ICR is delighted to present for sale 37 Laser Drive, Rowville, an exceptional industrial investment located within a tightly held industrial precinct. This well-appointed and highly functional property offers 2 container height RSD’s, quality office accommodation and comes securely leased to a bustling tenant.

• High quality warehouse and office sprawled across 1,276 sqm* of building area

• Substantial landholding of 2,020 sqm* with dual access and plenty of on-site car parks

• Securely leased to A2Z Flashings on a recently renewed lease

• 3-year term commencing 21st December 2023 with a further 3-year option

• Strong income profile of $150,000 net per annum with fixed annual increases and a market review at option

• Flexible Industrial 1 Zone (IN1Z) landholding with potential for further rental growth or ability to split into 2 tenancies (STCA)

• Tightly held industrial precinct and nestled just off Stud Road, Kelletts Road and Ferntree Gully Road

• Surrounded by a plethora of large format retail and shopping centres including Bunnings, Stud Park Shopping Centre and HomeCo Knoxfield

The property is for sale via an on-site Public Auction to be held at 12:00 pm on Wednesday the 31st of July 2024. For further information or to discuss this investment opportunity further, please contact the team at Gross Waddell ICR directly.

*approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

Finance Calculator

37 Laser Drive, Rowville, VIC, 3178

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
$xxx,xxx
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 37 Laser Drive, Rowville, VIC, 3178

Property Map
calculator-icon Yield Calculator
calcultor-icon Yield Calculator