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24 Vella Drive
Sunshine West VIC 3020
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Sold on 18 Nov 2019

24 Vella Drive Sunshine West VIC 3020

  • Factory, Warehouse & Industrial
  • 1,159 m²
  • Sold

Stand Out Corner Industrial Investment!

This corner industrial investment located at 24 Vella Drive, Sunshine West is now available for sale via Expressions Of Interest Closing 13th November 2019 at 3pm.

24 Vella Drive, Sunshine West comprises a total building area of 1,159m2* with a quality 220m2* ground and first floor office component.

Situated on 1,948m2* of industrial zoned land this corner property benefits from a large front hardstand area ideal for loading/unloading capabilities and a fully secure and gated entrance. 

Positioned on the corner of Vella Drive and Grace Court and providing tremendous access to The Western Ring Road, Somerville Road, Boundary Road, Fairbairn Road and only 15kms* to the Melbourne CBD. 

Leased to and established tenant Empire Red Event Solutions returning $87,975.00 p.a net on a three (3) year term. 

Property/Investment details:
- Building area: 1,159m2*
- Land area: 1,948m2*
- Current rental: $87,975.00 p.a net
- Term: Three (3) years
- Options: Two (2) further terms of three (3) years
- Commencement: 1st August 2018
- 3.5% increases 
- Corner location

*Approx.
Pricing excludes GST

Property Highlights

Date Sold18 Nov 2019
Floor Area1,159 m²
Land Area1,948 m²
ParkingAsk Agent
Property ID2015770671
Category
Last updated  21 Nov 2019
Map for 24 Vella Drive Sunshine West VIC 3020

Property Highlights

Date Sold18 Nov 2019
Floor Area1,159 m²
Land Area1,948 m²
ParkingAsk Agent
Property ID2015770671
Category
Last updated  21 Nov 2019
18-20 Russell Street Melbourne VIC 3000

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