109 Elgar Road Derrimut VIC 3026

Gross Waddell ICR is pleased to offer for sale 109 Elgar Road, Derrimut, positioned in one of Melbourne's most sought-after industrial zones renowned for its strategic location and excellent connectivity. Boasting short-term holding income to March 2025, the property provides unparalleled potential for an owner occupier or savvy investor to lease out post lease expiration.

High profile warehouse/ food manufacturing facility within a tightly held industrial and showroom precinct

Strategic landholding of 1,970 sqm* with a flexible Industrial 1 Zoning (IN1Z)

Catering for a high clearance warehouse/ food manufacturing facility with total building area of 1,645 sqm*

The facility is purpose-built for food processing and manufacturing featuring a well-designed layout optimized for efficient workflow

Short-term holding income to a quality tenant, La Tortilleria, returning $176,856 net* per annum

Existing lease expiry on 31st March 2025 and no further options

Ideal connectivity with easy access to Western Freeway, Ring Road and Princes Freeway

Meters to an abundance of retail and lifestyle amenity including Derrimut Village Shopping Centre and Deer Park train station

The property if for sale via Expressions of Interest closing at 3:00 pm on Wednesday the 13th of November 2024. For further information or to organise an inspection, please contact the team at Gross Waddell ICR.

*approx.