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DESCRIPTION:DUAL GOLDEN MILE INDUSTRIAL OPPORTUNITY\nINVESTMENT LEASED TO 
 PETSTOCK + OWNER OCCUPIER UPSIDE\n\nVinci Carbone is pleased to present U
 nits 1 & 2\, 431-433 Old Geelong Road\, Hoppers Crossing — a significant 
 dual showroom/warehouse holding within the highly regarded Golden Mile bu
 lky goods precinct.\n\nThe property occupies a prominent position on Old 
 Geelong Road\, surrounded by leading national retailers and automotive br
 ands including Bunnings\, Harvey Norman\, Amart\, Karcher\, Clark Rubber 
 and Chemist Warehouse.\n\nComprising two single-level showroom/warehouses
  with a combined building area of 1\,920 sqm*\, the property is positione
 d on a substantial 3\,716 sqm* landholding with 30.48m* frontage to Old G
 eelong Road.\n\nUnit 1 is leased to Petstock Pty Ltd\, majority owned by 
 Woolworths Group\, with a further 3-year term commencing 1 September 2026
  at $178\,446.48 per annum plus outgoings.\n\nUnit 2 is currently occupie
 d on a monthly overholding tenancy\, providing flexibility for owner-occu
 piers\, investors or future value-add outcomes.\n \n\n	Petstock Lease Cov
 enant: Unit 1 is leased to Petstock Pty Ltd\, majority owned by Woolworth
 s Group. Petstock have exercised their option for a further term of 3 yea
 rs\, commencing 1 September 2026 at a commencing rent of $177\,846 per an
 num plus outgoings\n	Part Owner/Occupier Potential: Unit 2 which has an a
 rea of 910 m2 is occupied on a monthly overholding tenancy. Potential ope
 n market rent is circa $120\,000 per annum plus outgoings\n	Significant L
 andholding: Substantial 3\,716 sqm* site in a coveted location\n	Modern I
 mprovements: Two single-level showroom/warehouses totalling 1\,920 sqm*\n
 	Ample Parking: On-site parking available at the front and rear of the bu
 ildings\n	Golden Mile Location: Positioned within one of Melbourne’s lead
 ing bulky goods and automotive retail strips\n	High Exposure: Over 18\,00
 0 cars use Old Geelong Road daily\n	Strong Growth Location: Positioned wi
 thin the City of Wyndham\, one of Victoria’s fastest-growing municipaliti
 es\n\n\nFor Sale via Expressions of Interest closing Thursday 18 June at 
 4pm.\n\n\n*approx
DTEND:20260618T160000
DTSTAMP:20260522T175734Z
DTSTART:20260618T160000
SEQUENCE:0
SUMMARY:Expression Of Interest: 431-433 Old Geelong Road\, Hoppers Crossin
 g VIC
UID:CRE-2020863248-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>DUAL GOLDEN MILE INDUSTRIAL OPPORTU
 NITY <br/> INVESTMENT LEASED TO PETSTOCK + OWNER OCCUPIER UPSIDE\n <br/> 
 \n <br/> Vinci Carbone is pleased to present Units 1 & 2\, 431-433 Old Ge
 elong Road\, Hoppers Crossing — a significant dual showroom/warehouse hol
 ding within the highly regarded Golden Mile bulky goods precinct.\n <br/>
  \n <br/> The property occupies a prominent position on Old Geelong Road\
 , surrounded by leading national retailers and automotive brands includin
 g Bunnings\, Harvey Norman\, Amart\, Karcher\, Clark Rubber and Chemist W
 arehouse.\n <br/> \n <br/> Comprising two single-level showroom/warehouse
 s with a combined building area of 1\,920 sqm*\, the property is position
 ed on a substantial 3\,716 sqm* landholding with 30.48m* frontage to Old 
 Geelong Road.\n <br/> \n <br/> Unit 1 is leased to Petstock Pty Ltd\, maj
 ority owned by Woolworths Group\, with a further 3-year term commencing 1
  September 2026 at $178\,446.48 per annum plus outgoings.\n <br/> \n <br/
 > Unit 2 is currently occupied on a monthly overholding tenancy\, providi
 ng flexibility for owner-occupiers\, investors or future value-add outcom
 es.\n <br/>  \n <br/> \n <br/> 	Petstock Lease Covenant: Unit 1 is leased
  to Petstock Pty Ltd\, majority owned by Woolworths Group. Petstock have 
 exercised their option for a further term of 3 years\, commencing 1 Septe
 mber 2026 at a commencing rent of $177\,846 per annum plus outgoings\n <b
 r/> 	Part Owner/Occupier Potential: Unit 2 which has an area of 910 m2 is
  occupied on a monthly overholding tenancy. Potential open market rent is
  circa $120\,000 per annum plus outgoings\n <br/> 	Significant Landholdin
 g: Substantial 3\,716 sqm* site in a coveted location\n <br/> 	Modern Imp
 rovements: Two single-level showroom/warehouses totalling 1\,920 sqm*\n <
 br/> 	Ample Parking: On-site parking available at the front and rear of t
 he buildings\n <br/> 	Golden Mile Location: Positioned within one of Melb
 ourne’s leading bulky goods and automotive retail strips\n <br/> 	High Ex
 posure: Over 18\,000 cars use Old Geelong Road daily\n <br/> 	Strong Grow
 th Location: Positioned within the City of Wyndham\, one of Victoria’s fa
 stest-growing municipalities\n <br/> \n <br/> \n <br/> For Sale via Expre
 ssions of Interest closing Thursday 18 June at 4pm.\n <br/> \n <br/> \n <
 br/> *approx</P></body></html>
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