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24 Vella Drive
Sunshine West VIC 3020
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Sold on 23 Mar 2021

24 Vella Drive Sunshine West VIC 3020

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

Corner Prominence With Income. - Under Offer

    POINT OF INTEREST:

    An income producing industrial offering with unrivalled functionality. Favorably corner positioned, the property is sure to impress featuring a large front hardstand area ideal for loading and unloading capabilities and fully secure and gated entrance.

    - Building area: 1,159m2* featuring 220m2* ground floor office plus first floor office
    - Land area: 1,948m2*
    - Current rental: $91,069.51 p.a net plus GST
    - Term: Three (3) years expiring 1st February 2022
    - Options: Three (3) years and three (3) years
    - Commencement:1 August 2018
    - Increases: 3.5% annually plus market review
    - Corner position

    POINT OF VIEW:

    Boasting its prominence on the intersection of Vella Drive and Grace Court, the property provides logistical ease to Somerville, Boundary and Fairbairn Roads and onward connectivity to the Western Ring Road. With the addition of the Melbourne CBD a mere 15km* away, the property is an enviable investment to add to your property portfolio.

    *Approx.
    Pricing excludes GST

    Property Highlights

    Date Sold23 Mar 2021
    Floor Area1,159 m²
    Land Area1,948 m²
    ParkingAsk Agent
    Property ID2016767210
    Category
    Last updated  12 May 2021
    Map for 24 Vella Drive Sunshine West VIC 3020

    Property Highlights

    Date Sold23 Mar 2021
    Floor Area1,159 m²
    Land Area1,948 m²
    ParkingAsk Agent
    Property ID2016767210
    Category
    Last updated  12 May 2021

    Co-Agents

    Leo Mancino
    CVA Property Consultants Pty Ltd
    Call
    0418 343 147
    Matthew Alderman
    CVA Property Consultants Pty Ltd
    Call
    0433 299 548
    Tom Lund
    CVA Property Consultants Pty Ltd
    Call
    0419 770 340

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