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1 Quarry Road
Tottenham VIC 3012
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Sold on 2 Feb 2023

1 Quarry Road Tottenham VIC 3012

  • Factory, Warehouse & Industrial
  • 8,091 m²
  • Sold

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
*approx.

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 time09/06/2022 15:00
Recipient nameChris Jones / Ben Hegerty
Delivery addressAsk Agent
Dawkins Occhiuto
Dawkins Occhiuto
Suite 10, Level 3, Como Centre, 299 Toorak Road
South Yarra, VIC 3141

Property Highlights

Date Sold2 Feb 2023
Floor Area8,091 m²
Land Area4.07 ha
ParkingOn site parking available
Property ID2017807412
Category
Last updated  2 Feb 2023
Map for 1 Quarry Road Tottenham VIC 3012

Nearest transport* to 1 Quarry Road Tottenham VIC 3012

Bus
Train
Tram
Ashley St/Barkly St (West Footscray)1.1 km
Ashley St/Barkly St (West Footscray)1.1 km
457a Somerville Rd (Brooklyn)1.1 km
Rochester St/South Rd (Braybrook)1.1 km
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Dawkins Occhiuto
Dawkins Occhiuto
Suite 10, Level 3, Como Centre, 299 Toorak Road
South Yarra, VIC 3141

Property Highlights

Date Sold2 Feb 2023
Floor Area8,091 m²
Land Area4.07 ha
ParkingOn site parking available
Property ID2017807412
Category
Last updated  2 Feb 2023

Listed by

Dawkins Occhiuto
Call
03 88254555

More about 1 Quarry Road Tottenham VIC 3012

1 Quarry Road Tottenham VIC 3012 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 8,091 m² and a land area of 4.07 ha. The listing ID for this property is 2017807412.

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