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Sold on 9 Sep 2021

5 Walton Street Airport West VIC 3042

  • Factory, Warehouse & Industrial
  • 520 m²
  • Sold

The first Ingredient in all good Investments

    POINT OF INTEREST:
    Combining a great location, adding the calibre of tenant, and finishing with future development potential are the ingredients to a great investment opportunity. 5 Walton street Airport West offers all this and so much more. Located within minutes from the Tullamarine freeway, Citylink, Essendon fields and Westfield Airport West, this standalone factory/office has been specially fitted-out as a 6 day a week food production facility.

    Specializing in butter manufacturing, the property offers full food grade epoxy flooring plus refrigerated wall and ceiling panelling, 5,000 litre grease trap, 3 coolroom/refrigeration areas, mains gas connection and a number of building security features such as an alarm system and security shutters all included as landlord’s fixtures. 

    Standout Investment particulars:
    - Leased to Australian Butter Factory Pty Ltd
    - Net return of $53,445.00p.a.
    - Three plus three year lease term
    - Strong 6 month bond plus director guarantee
    - Current tenant In occupation since 2014* 

    Building particulars:
    - Building area: 520m2*
    - Land area: 647m2*
    - Fully fitted-out food grade factory
    - Onsite car parking area
    - 1 Roller shutter door

    POINT OF VIEW:
    Recent developments and re-zoning has seen a dramatic change to the Airport West skyline over the last few years. Most noticeably the newly constructed Alfa Apartments located on the corner of Walton and Webb streets demonstrates that this pocket of Airport West is embarking on a period of future development and growth and it's not hard to appreciate why. Surrounded by a choice of local amenities, shopping centres, public transport, open parkland and walking tracks underpins why Airport West is a recipe for success. 

    Please note that due to strict food safety protocol, the property shall only be avaiable to view each Sunday between 11.30am - 12.30pm

    *Approx.
    Pricing excludes GST

    Craig McKellar
    CVA Property Consultants Pty Ltd
    Craig McKellar
    CVA Property Consultants Pty Ltd
    Leo Mancino
    CVA Property Consultants Pty Ltd
    Leo Mancino
    CVA Property Consultants Pty Ltd

    Property Highlights

    Property ID2017125763
    Date Sold9 Sep 2021
    Floor Area520 m²
    Land Area647 m²
    ParkingAsk Agent
    Category
    Last updated  13 Sep 2021
    Map for 5 Walton Street Airport West VIC 3042
    Map for 5 Walton Street Airport West VIC 30425 Walton Street Airport West VIC 3042
    Craig McKellar
    CVA Property Consultants Pty Ltd
    Craig McKellar
    CVA Property Consultants Pty Ltd
    Leo Mancino
    CVA Property Consultants Pty Ltd
    Leo Mancino
    CVA Property Consultants Pty Ltd

    Property Highlights

    Property ID2017125763
    Date Sold9 Sep 2021
    Floor Area520 m²
    Land Area647 m²
    ParkingAsk Agent
    Category
    Last updated  13 Sep 2021
    CVA Property Consultants Pty Ltd
    18-20 Russell Street Melbourne VIC 3000
    Craig McKellar
    CVA Property Consultants Pty Ltd
    Craig McKellar
    CVA Property Consultants Pty Ltd
    Leo Mancino
    CVA Property Consultants Pty Ltd
    Leo Mancino
    CVA Property Consultants Pty Ltd
    Craig McKellar

    Craig McKellar

    CVA Property Consultants Pty Ltd

    Leo Mancino

    Leo Mancino

    CVA Property Consultants Pty Ltd

    0431 *** ***
    0431 892 780

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