The asset comprises a 3.65-hectare, Special Use Zone (SUZ) landholding, with approximately 100 metres of street frontage.
Key Investment Highlights include:
- Functional manufacturing and distribution facility, with significant hardstand to the rear
- Total GLA of 9,485 sqm
- Total Site Area of 36,557 sqm
- Approximately 21,000 sqm of hardstand, currently leased to EV Dealer
- 100% occupied, with key anchor tenant EV Dealer occupying the rear hardstand on a two year lease, with a 12-month demolition clause.
- Remaining tenants on month-to-month lease structures, with willingness to remain, providing flexible optionality to extend or develop immediately, with a net passing income of $823,820* p.a.
- Located in one of Melbourne’s most tightly held precincts, Clayton
- Proximity to significant surrounding residential catchments with access to 2.5 million persons within a 30-mintue drive time.
- Excellent connectivity to major arterials and infrastructure including Eastlink (M3) & Monash Freeway (M1).
*All figures are approximate as at 30 September 2024.
Offered for sale via expressions of interest closing Wednesday 11 September 2024 at 3pm (AEDT).
For further information, including the investment underwrite pack and the virtual data room, or to arrange an inspection please contact one of the exclusive selling agents.