89 Lewis Road, WANTIRNA SOUTH VIC 3152
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- 8 Sep 2016
Investment with Future Development Opportunity!
Prominently positioned on Lewis Road and situated on a huge site area of 1.8 hectares (4.5 acres) this substantial industrial facility of 7,912m2*, currently leased to two well known tenants Australia Post and Silvan Australia returning a combined annual rental of $440,283.50.
- Australia Post leases the front building comprising 5,186m2* plus canopy loading area of 813m2* and returns a rental income of $318,280 per annum plus GST.
- Silvan Australia leases the two rear buildings comprising areas of 918m2* and 995m2* and returns a rental income of $122,003.50 per annum plus GST.
The property provides a generous 90 metre* frontage to Lewis Road and features substantial industrial improvements, incorporating a large power supply, hard stand area and multiple roller doors.
Providing easy access to major roads including Stud Road, Burwood Highway and Mountain Highway, the subject property is located 5kms* to Eastlink, under 2kms* to Westfield Knox and just metres to Lewis Park.
This is an ideal land bank for future development. Proposed industrial estate plans are available upon request.
Deadline Sale closing Wednesday 12 October 2016 at 3pm
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
89 Lewis Road WANTIRNA SOUTH