13 Terra Cotta Drive Blackburn VIC 3130

CBRE is delighted to offer for the first time in over 30 years, a rare freehold property for sale via Public Auction on Thursday 26th October at 2:30pm (unless sold prior).

Rarely a building of this quality is offered for sale in Whitehorse, do not miss the opportunity to add this asset to your investment portfolio as the jewel in the crown.

Located in the tightly held Blackburn Industrial Precinct, the site offers exceptional access to main arterials including the Eastern Freeway, Springvale Road and Whitehorse Road.

The site also benefits from being surrounded by an abundance of amenity being within meters of the Golden Mile which is home to over 265 businesses including shopping centres Home HQ and Brand Smart. Major occupiers in the area include Lexus, Nissan, Fantastic Furniture, Officeworks, Freedom Furniture and Bunnings Warehouse.

Key Property Features Include:

13 Terra Cotta Drive, Blackburn:
+ 289sqm* first level corporate office with kitchenette and staff amenities
+ 574sqm* warehouse space
+ 863sqm* total building area
+ 924sqm* total land area
+ Two (2) on-grade roller doors
+ Dual entrance via King Street and Terra Cotta Drive
+ Ample on-site car parking
+ Returning $109,373 per annum + GST & Outgoings
+ Leased to Oz Design Furniture until October 2026 with 1 x 4-year option
+ Current rental level of $126/m2 p.a is considered well below market levels with the ability to capture significant positive rental reversion in 3 years

Location details:
+ Whitehorse Road - 170m*
+ Springvale Road 1.2km
+ M3 Eastern Freeway 2.7km*
+ Nunawading Train Station 1km*

For further information or to arrange an inspection, please contact the listed agents.

*Approx.