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1 & 2/23 Pipe Road
Laverton North VIC 3026
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Sold on 1 Feb 2021

1 & 2/23 Pipe Road Laverton North VIC 3026

  • Factory, Warehouse & Industrial
  • 648 m²
  • Sold

TENANTED INVESTMENT IN RARE INDUSTRIAL 2 ZONE

  • Returning $64,928 pa + GST & Outgoings
  • 5 Year Lease Term from Mar 2016
  • 5+5+5 Year Options

CBRE is pleased to present, Warehouses 1 & 2/23 Pipe Road, Laverton North for private sale as a long term tenanted investment, for sale.

The property comprises cool rooms, drainage and other specialised features and has been leased to a long term tenant.

The Industrial 2 Zoned area in Melbourne's west is one of only two pockets in Melbourne where certain businesses can operate. There is no further land to be re-zoned Industrial 2 which will ensure continuous demand for occupiers in this area.

An immediate, secure income and long term land baking are two of many upsides of this property.

Investment details:
+ Lessee: Fresh Halal Poultry Pty Ltd
+ Lease commencement: March 2016
+ Lease term: 5 years
+ Further options: 5+5+5 years
+ Rental return: $64,928 pa + GST & outgoings
+ Annual rent reviews
+ Total building area: 648sqm*
+ Total land area: 1,000sqm*
+ Industrial 2 Zone
+ All outgoings payable by the tenant

For further information or to arrange an on-site inspection, please contact the CBRE team.

*approximate

Address1 & 2/23 Pipe Road Laverton North VIC 3026
ZoningIN2Z - Industrial 2 Zone (IN2Z)
CouncilWYNDHAM CITY
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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CBRE
CBRE
Level 34,
Melbourne, VIC 3000

Property Highlights

Date Sold1 Feb 2021
Floor Area648 m²
Land Area1,000 m²
ParkingOn site parking available
Property ID2015275387
Category
Last updated  11 Apr 2023
Map for 1 & 2/23 Pipe Road Laverton North VIC 3026

Nearest transport* to 1 & 2/23 Pipe Road Laverton North VIC 3026

Bus
Train
Tram
Ferry
Lincoln St/Pipe Rd (Laverton North)63 m
Pipe Rd/Little Boundary Rd (Laverton North)492 m
Pipe Rd/Little Boundary Rd (Laverton North)520 m
Leslie Rd/Little Boundary Rd (Laverton North)543 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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CBRE
CBRE
Level 34,
Melbourne, VIC 3000

Property Highlights

Date Sold1 Feb 2021
Floor Area648 m²
Land Area1,000 m²
ParkingOn site parking available
Property ID2015275387
Category
Last updated  11 Apr 2023

Co-Agents

Fergus Pragnell
Fergus Pragnell
CBRE
Call
+61 410 681 492
Tim Homes
Tim Homes
CBRE
Call
+61 439 321 707

More about 1 & 2/23 Pipe Road Laverton North VIC 3026

1 & 2/23 Pipe Road Laverton North VIC 3026 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 648 m² and a land area of 1,000 m². The listing ID for this property is 2015275387.

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