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6 Westall Road, Springvale, VIC, 3171

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6 Westall Road, Springvale, VIC, 3171

Springvale

SOLD
6 Westall Road, Springvale, VIC, 3171

6 Westall Road, Springvale, VIC, 3171

Properties / Sold / Victoria / Springvale
Tenanted Investment
Selling Method
Private Sale
Selling Details
Contact Agent
Land Area
1,212 m² (*approx)
Floor Area
200 m² (*approx)
Property Type
Industrial, Land
Terms
Brand new 4-year lease expiring 30 June 2028 with no further options.
Est. Income
$99,931 p/a
Fully Leased
Australian Laboratory Services Pty Ltd
Car Spaces
25
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INFILL INDUSTRIAL LAND BANK UNDERWRITTEN BY SECURE 4 YEAR LEASE TO AN ASX LISTED PUBLIC COMPANY
  • ASX LISTED TENANT
  • NET INCOME $99,931.21++
  • PRIME INFILL LANDHOLDING

Jones Real Estate is privileged to present 6 Westall Road, Springvale, to the market, For Sale via Private Negotiation.

6 Westall Road, Springvale is a prime industrial zoned land bank, securely leased to 'Australian Laboratory Services Pty Ltd' a subsidiary of ASX listed 'ALS Limited' on a brand-new term.

The property is located in Melbourne's revered inner southeastern industrial and logistics precinct, featuring immediate access to Westall Road, Moorabbin Bypass, Princes Hwy and within a short proximity of the M1/Eastlink (M3).

Key features of this incredible investment include:

- Securely leased to ASX listed 'ALS listed' returning $99,931.21 per annum plus GST & Outgoings.

- Brand new 4-year lease expiring 30 June 2028 with no further options.

- The tenant is responsible for 100% of building outgoings including Land Tax.

- Industrial 1 Zoned (IN1Z) landholding of 1,212sqm* with over 20m* of direct frontage to Westall Road.

- Immediate access to logistics routes, presenting as the perfect infill land bank prime for future development (subject to planning approval).

*Approx.

For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

6 Westall Road Investment Summary

Property Type
Industrial, Land
Est. Income
$99,931 p/a
Tenant
Australian Laboratory Services Pty Ltd
Terms
Brand new 4-year lease expiring 30 June 2028 with no further options.
Land Area
1,212 m² (*approx)
Floor Area
200 m² (*approx)
Car Spaces
25
Selling Method
Private Sale
Selling Details
Contact Agent

Investment Highlights

INFILL INDUSTRIAL LAND BANK UNDERWRITTEN BY SECURE 4 YEAR LEASE TO AN ASX LISTED PUBLIC COMPANY
  • ASX LISTED TENANT
  • NET INCOME $99,931.21++
  • PRIME INFILL LANDHOLDING

Jones Real Estate is privileged to present 6 Westall Road, Springvale, to the market, For Sale via Private Negotiation.

6 Westall Road, Springvale is a prime industrial zoned land bank, securely leased to 'Australian Laboratory Services Pty Ltd' a subsidiary of ASX listed 'ALS Limited' on a brand-new term.

The property is located in Melbourne's revered inner southeastern industrial and logistics precinct, featuring immediate access to Westall Road, Moorabbin Bypass, Princes Hwy and within a short proximity of the M1/Eastlink (M3).

Key features of this incredible investment include:

- Securely leased to ASX listed 'ALS listed' returning $99,931.21 per annum plus GST & Outgoings.

- Brand new 4-year lease expiring 30 June 2028 with no further options.

- The tenant is responsible for 100% of building outgoings including Land Tax.

- Industrial 1 Zoned (IN1Z) landholding of 1,212sqm* with over 20m* of direct frontage to Westall Road.

- Immediate access to logistics routes, presenting as the perfect infill land bank prime for future development (subject to planning approval).

*Approx.

For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

Property Location of 6 Westall Road, Springvale, VIC, 3171

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Springvale Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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6 Westall Road, Springvale, VIC, 3171

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6 Westall Road, Springvale, VIC, 3171 Springvale
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