1 Quarry Road Tottenham VIC 3012
- Factory, Warehouse & Industrial
- 8,091 m²
- Expressions of Interest
The Ultimate Inner Western Investment
- Land backed investment
- Urban infill landholding
- Prime inner western location
Dawkins Occhiuto is pleased to present for sale 1 Quarry Road, Tottenham, VIC
The property comprises a 4.07 Ha* container handling facility improved with 8,091 sqm* of warehouse accommodation.
The property is situated in Melbourne's inner west occupying one of the closest industrial locations to the Port of Melbourne and Melbourne CBD, with exceptional transport links and access to a large and ever-growing western residential catchment.
The inner western market has been keenly sought in recent times as investors look to exploit growth trends in the urban logistics space.
The property is fully occupied by Cargo Freight Services with a new 8 year lease returning net income of approximately $1,300,000 p.a.*
Key investment highlights include:
- 4.07 ha* landholding
- Industrial 1 zoning
- Premium inner western location
- New 8 year lease to Container Freight Services
- 8,091 sqm* office/warehouse reflecting 21%* site coverage
- Future expansion potential (STCA)
- Estimated net income of $1.30m* p.a.
- Fixed annual rent reviews with market review after 5 years
For Sale via Expressions of Interest closing Thursday, 9 June 2022 at 3.00pm AEST.
For further details please contact Chris Jones or Ben Hegerty of Dawkins Occhiuto.
EXPRESSION OF INTEREST
|Closing date and time||09/06/2022 15:00|
|Recipient name||Chris Jones / Ben Hegerty|
|Delivery address||Ask Agent|