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31 North Park Drive Somerton VIC 3062

  • Factory, Warehouse & Industrial
  • 1,052 m²
  • For Sale, Contact Agent

PROPERTY HAS BEEN WITHDRAWN FROM SALE - INDUSTRIAL INVESTMENT

  • Returning $105k per annum
  • Modern Industrial Facility
  • Building Area: 1,052sqm*

**Please note this property has been withdrawn from sale***

CBRE is pleased to exclusively offer 31 North Park Drive, Somerton For Sale.

This 1,052sqm* well-appointed building is situated on a 1,918sqm* block of land in the hart of Somerton. It is being offered on a straight five (5) year lease-back with options, returning $105,250 net per annum plus GST. The new building has a two-level office, large clear span warehouse with drive through capability and three (3) roller doors.

The property is ideally located in Melbourne's Northern suburbs and is less than 32km* from the Port of Melbourne, 30km* from the CBD and 15km* from the Melbourne Airport. This property has great access to major arterials including the M80 Ring Road, Hume Freeway, Sydney Road & Cooper Street.

Lease Details:
+ Tenant: Willis Brothers Marble & Granite
+ Term: Five (5) years
+ Options: 5+5+5 years
+ Rental: $105,250 per annum net plus GST
+ Guarantee: Three (3) months bank guarantee plus directors guarantee
+ Reviews: Fixed annual reviews of 3% with a market review at the option period

Property features:
+ GLA: 1,052.50sqm*
+ Land area: 1,918sqm*
+ Two (2) cross overs
+ Corner position
+ Drive through capability
+ Three (3) roller doors
+ Rear loading with 200sqm* canopy
+ 8.4m clearance

*approx.

Tim Homes
CBRE Melbourne
Tim Homes
CBRE Melbourne
Jake George
CBRE Melbourne
Jake George
CBRE Melbourne

Property Highlights

Property ID2017177430
Floor Area1,052 m²
Land Area1,918 m²
Parking18 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  5 Aug 2021
Map for 31 North Park Drive Somerton VIC 3062
Tim Homes
CBRE Melbourne
Tim Homes
CBRE Melbourne
Jake George
CBRE Melbourne
Jake George
CBRE Melbourne

Property Highlights

Property ID2017177430
Floor Area1,052 m²
Land Area1,918 m²
Parking18 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  5 Aug 2021
Level 34, 8 Exhibition Street Melbourne VIC 3000
Tim Homes
Tim Homes
CBRE Melbourne
Jake George
Jake George
CBRE Melbourne

Tim Homes

CBRE Melbourne

Jake George

CBRE Melbourne

+61 *** ***
+61 439 321 707

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