5 Walton Street Airport West VIC 3042
- Factory, Warehouse & Industrial
- 520 m²
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 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
Pricing excludes GST