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
- 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!
|Floor Area||237 m²|
|Land Area||237 m²|
|Building Type||Whole building|
|Annual Return||Ask Agent|
|Last updated||1 Nov 2019|