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13 Bastow Place
Mulgrave VIC 3170
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Sold on 8 Dec 2023

13 Bastow Place Mulgrave VIC 3170

  • Factory, Warehouse & Industrial
  • 677 m²
  • Sold

Freehold Industrial In A Tightly Held Precinct | Suitable To Owner Occupiers And Investors

    Burgess Rawson is pleased to offer to the market this freehold office/warehouse industrial building at 13 Bastow Place, Mulgrave VIC for sale via Expressions of Interest.

    This opportunity has the following key highlights:

    + Prominent 968 sqm* freehold land within tightly held precinct.
    + Gross building area of 677 sqm* including 351 sqm* of high clearance warehouse.
    + Special Use Zone 6 (SUZ6) Favourable land zoning providing flexibility for future use.
    + Modern office includes open plan areas, boardroom, partitioned offices, kitchen and amenities.
    + 18m* frontage and important 10 car spaces on site plus ample loading/unloading area.
    + 3 Phase power, motorized roller door, alarm system and end of trip facilities.
    + Owner Occupiers: A rare chance to secure a well-presented, well-equipped freehold building in a tightly held precinct.
    + Investors: The property benefits from the record low industrial vacancy rate of 0.6%** with 13.5%y/y^ rental growth providing surety that tenants can be secured quickly and competitively.
    + Established location close to major national brands including Amazon, Pfizer, Mercedes Benz, Audi, BMW, Tesla, Adidas, Toyota and Forty Winks,
    + Strategic position with easy access to major arterials such as Springvale Road, Dandenong Road, Wellington Road, Princes Highway, Eastlink (M3) and Monash Freeway (M1).
    + Available with or without the warehouse pallet racking.
    + To be sold with vacant possession.
    + Potential net rental: $111,705 pa* + GST + Outgoings ($165/m2)

    To be sold via Expressions of Interest
    Closing Thursday 30th November at 3pm AEDT

    To arrange an inspection, or for more information, please contact the selling agents below.

    DAVID NAPOLEONE
    0417 308 067
    dnapoleone@burgessrawson.com.au

    JUSTIN KRAMERSH
    0460 349 605
    jkramersh@burgessrawson.com.au

    *approx.
    **JLL
    ^Knight Frank

    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold8 Dec 2023
    Floor Area677 m²
    Land Area968 m²
    ParkingAsk Agent
    Property ID2018873295
    Category
    Last updated  11 Dec 2023
    Map for 13 Bastow Place Mulgrave VIC 3170
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold8 Dec 2023
    Floor Area677 m²
    Land Area968 m²
    ParkingAsk Agent
    Property ID2018873295
    Category
    Last updated  11 Dec 2023

    Co-Agents

    David Napoleone
    Burgess Rawson VIC Pty Ltd
    Call
    0417 308 067
    Justin Kramersh
    Burgess Rawson VIC Pty Ltd
    Call
    0460 349 605

    More about 13 Bastow Place Mulgrave VIC 3170

    13 Bastow Place Mulgrave VIC 3170 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 677 m² and a land area of 968 m². The listing ID for this property is 2018873295.

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