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Stand Out Corner Industrial Investment!

24 Vella Drive, SUNSHINE WEST VIC, 3020

Sold

Property Sold in 24 Vella Drive, SUNSHINE WEST VIC, 3020

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11366000
Status:
Sold
Price:
Contact Agent
Last Updated:
21/11/2019
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Property Type

Industrial/Warehouse
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Land Area

1948 SQM
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Floor Area

1159 SQM
Icon parking

Parking

N/A

Stand Out Corner Industrial Investment!

This corner industrial investment located at 24 Vella Drive, Sunshine West is now available for sale via Expressions Of Interest Closing 13th November 2019 at 3pm.

24 Vella Drive, Sunshine West comprises a total building area of 1,159m2* with a quality 220m2* ground and first floor office component.
 
Situated on 1,948m2* of industrial zoned land this corner property benefits from a large front hardstand area ideal for loading/unloading capabilities and a fully secure and gated entrance. 

Positioned on the corner of Vella Drive and Grace Court and providing tremendous access to The Western Ring Road, Somerville Road, Boundary Road, Fairbairn Road and only 15kms* to the Melbourne CBD. 

Leased to and established tenant Empire Red Event Solutions returning $87,975.00 p.a net on a three (3) year term. 

Property/Investment details:
- Building area: 1,159m2*
- Land area: 1,948m2*
- Current rental: $87,975.00 p.a net
- Term: Three (3) years
- Options: Two (2) further terms of three (3) years
- Commencement: 1st August 2018
- 3.5% increases 
- Corner location

*Approx.
Pricing excludes GST

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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