Superior Investment Leased to A World Renowned Tenant

Sold - 54 - 58 Vella Drive, Sunshine West

Investment opportunity, Industrial

Sale Details

Sold on 18 Nov 2019

Building Area 3647m²
Land Area 5602m²

Overview

Sale History ID: 32720
Property ID: 15905
Advertised Price: Contact Agent

Description

A substantial industrial investment occupied by a high profile tenant and positioned in the heart of the inner west is now offered for sale for the first time via Expressions Of Interest closing Wednesday13th November 2019 at 3pm.

54 - 58 Vella Drive, Sunshine West comprises an immaculate 3,647m2* clear span warehouse with a 372m2* ground floor office and valuable 930m2* of front hardstand with dual entry and RSD allowing for easy truck access and maneuverability.

Positioned on Vella Drive 15kms* from the Melbourne CBD this property provides fantastic access to The Western Ring Road, Somerville Road, Boundary Road, Fairbairn Road and all outer western suburbs.

Leased to an extremely well established and renowned tenant returning $245,062.00 with a recent substantial investment made by the tenant underpinning the longevity of their occupancy.

Property / Investment details:

- Total building area: 3,647m2*
- Land area: 5,602m2*
- Tenant: Crown Melbourne Limited
- Current rental: $245,062.20
- 55 metre frontage
- Dual access & RSD

*Approx.
Pricing excludes GST

Additional Info
Features
TenancyCrown Melbourne Limited
Lease TermFive (5) year + two (2) further terms one (1) year
Commenced10th December 2015
Rent ReviewAnnually
Outgoings PayableBy tenant including land tax
Air ConditionerYes
Car Parking FeesNil
Car SpacesOnsite
ConditionVery Good
FloorsConcrete / Carpet
Height7 - 8 metres*
LiftsN/A
Roller DoorsYes x 2
SprinklersNo
ZoningIndustrial 3 Zone
Outgoings
Agent Details
CVA Property Consultants - Daniel Philip

Daniel Philip

M | 0439 977 121
T | (03) 9623 2560
E | [email protected]

CVA Property Consultants - Leo Mancino

Leo Mancino

M | 0418 343 147
T | (03) 9623 2570
E | [email protected]

CVA Property Consultants - Matthew Alderman

Matthew Alderman

M | 0433 299 548
T | (03) 9623 2588
E | [email protected]