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Sold on 23 May 2017

30-32 Westall Road Springvale VIC 3171

  • Industrial / Warehouse
  • Floor Size18,410 m²
  • PriceSold

Infill Triple Net Lease

+ 7 year lease to subsidiary of ASX 200 listed company
+ Returning $1,457,000 per annum net*
+ Strategic land bank of 4.92ha*
+ Strong rental growth fixed at 3.50% annually
+ Significant development potential (STCA)
+ Flexible improvements, GLA of 18,410 sqm*
+ High underlying land value
+ Tightly held infill location
+ 100 metres* from Westall Railway Station
+ Situated within the broader Monash Employment Precinct

Expressions of Interest closing Thursday 30th March 2017 at 3.00pm AEDT.

*approx.
Outline indicative only

Property Highlights

Property ID2013443244
Date Sold23 May 2017
Floor Area18,410 m²
Land Area5 ha
ParkingAsk Agent
Category
Last updated  21 Sep 2017
Map for 30-32 Westall Road Springvale VIC 3171
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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