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1/41 Orange Street Williamstown North VIC 3016

  • Industrial / Warehouse
  • 237 m²
  • For Sale, Contact Agent

WILLIAMSTOWN NORTH 7.41% INVESTMENT!

  • OUTSTANDING YIELD
  • FUNCTIONAL WAREHOUSE & OFFICE LAYOUT
  • EXCELLENT COVENANT TO A NATIONAL TENANT

Knight Frank is delighted to present for sale this outstanding investment located at 1/41 Orange Street, Williamstown North.

Williamstown North is a tightly held industrial locale located only 7 km* to the CBD, 3 km* to the West Gate Freeway and 4.5 km* to the Port of Melbourne. The area draws occupiers from the thriving suburbs of Williamstown, Spotswood, Altona, Newport and more, which has resulted in some of the lowest vacancy rates in the West of Melbourne.

Key property features:

- Office area: 69 sqm
- Warehouse area: 168 sqm
- Total building area: 237 sqm
- 3 phase power
- Industrial 1 Zoning
- Off street secure parking
- Dual storey office with amenities & washroom
- Concrete tilt panel construction
- Security system including movement sensors

Investment highlights:

- Net Annual Initial Income: $38,568 + GST + Outgoings
- 2 + 2 year lease
- Annual CPI increases
- Three (3) months security deposit
- Outstanding covenant to nation-wide business OPEC Systems Pty Ltd, established for 27 years in Australia, with 80 employees across Australia. www.opecsystems.com
- Very low leasing risk, given surrounding vacancy rate

Please contact the exclusively appointed agents from Knight Frank for more information today!

*approx

Property Highlights

Property ID2015793385
Floor Area237 m²
Land Area237 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  1 Nov 2019
Map for 1/41 Orange Street Williamstown North VIC 3016
Knight Frank - Melbourne
Level 29, 120 Collins Street Melbourne VIC 3000

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