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2/1968 Sydney Road
Campbellfield VIC 3061
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Sold on 20 Mar 2024

2/1968 Sydney Road Campbellfield VIC 3061

  • Factory, Warehouse & Industrial
  • 434 m²
  • Sold

EXPLICIT IN EXPOSURE, ROI, AND TENANCY.

    For Sale via Public Auction on the Wednesday 20th March 2024 at 12pm.

    POINT OF INTEREST:
    A head-turning investment in more ways than one the explicit exposure to Sydney Road, package inclusions, and a nationally recognised tenant as its baseline. Sexyland holds a 3+3+3 year lease commencing 1st April 2024, trading $74,000 per annum plus GST and outgoings in leasing income. As part of the agreement, there are 4% annual reviews with a market review at the options. The building attracted them because of the vast showroom space, ample common parking, dual street access from the service road and Ainslie Road, and the side roller door access. However, the biggest pull was the high exposure location, sitting proudly in front of busy Sydney Road/Hume Highway and capturing the attention of commuters and locals. This will be the case for decades, with the Hume Freeway only 3.2 km* away, and Metropolitan Ring Road a little south at 4.5 km*.

    -    Sexyland is a nationally recognised tenant with 16 physical locations and prominent online presence.
    -    $74,000 per annum + GST and outgoings in leasing income.
    -    New 3 year lease term from April 2024, with options until 2033.
    -    Long-standing tenant of 22+ years at the premises.

    -    Ample on site parking with dual street access.
    -    Side/rear roller door entrance.
    -    3.2 km* to the Hume Freeway.
    -    4.5 km* to Metropolitan Ring Road.

    POINT OF VIEW:
    Off the market for over 25 years, a highly prized use permit, and a renowned national tenant well into their residency. When it comes to commercial investments, the safe word here is “Enquire”.

    CVA Property Consultants Pty Ltd
    CVA Property Consultants Pty Ltd
    18-20 Russell Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold20 Mar 2024
    Floor Area434 m²
    Land Area434 m²
    ParkingAsk Agent
    Property ID2019072699
    Category
    Last updated  20 Mar 2024
    Map for 2/1968 Sydney Road Campbellfield VIC 3061
    CVA Property Consultants Pty Ltd
    CVA Property Consultants Pty Ltd
    18-20 Russell Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold20 Mar 2024
    Floor Area434 m²
    Land Area434 m²
    ParkingAsk Agent
    Property ID2019072699
    Category
    Last updated  20 Mar 2024

    Co-Agents

    Luca Angelico
    CVA Property Consultants Pty Ltd
    Call
    0447 772 782
    Craig McKellar
    CVA Property Consultants Pty Ltd
    Call
    0431 892 780

    More about 2/1968 Sydney Road Campbellfield VIC 3061

    2/1968 Sydney Road Campbellfield VIC 3061 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 434 m² and a land area of 434 m². The listing ID for this property is 2019072699.

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