21-23 Apollo Drive Hallam VIC 3803

Colliers is delighted to bring to market for sale 21-23 Apollo Drive, Hallam. A high-quality office/warehouse that is bursting with additional features perfect for occupiers in the manufacturing industry.

21-23 Apollo Drive, Hallam is offered for sale via Private Sale.

The property is leased until the 25th of October 2025 with no further renewal options. This allows buyers the opportunity to collect over 12 months of rental income and occupy the facility upon lease expiry. Conversely, an astute investor can re-lease the property at the expiry date for a significantly increased rent in line with market values. The passing net rent is $148,121* per annum which is 17% below today's assessed market rental value of $177,800 per annum. The Lessee pays for all standard outgoings under a Commercial Lease, including Land Tax.

Key Property Highlights:
• Total Site Area: 2,604m²*
• Total Building Area: 1,270m²*
• Warehouse Area: 1,160m²*
• Office Area: 110m²*
• Two x 5 tonne overhead cranes
• 360amps & 3 phase power supply
• Well presented single level offices and reception
• Two on-grade roller shutter doors
• Side and rear hardstand
• Site is securely fenced with electric sliding gates
• 29 on-site car spaces

The property is in proximity to both Hallam South Road and South Gippsland Freeway which provide toll free access to the Monash Freeway.

For more information or to arrange an inspection, please contact the Colliers sales agents.

*Approximate
**Outline indicative only