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30-32 Westall Road
Springvale VIC 3171
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Sold on 25 May 2017

30-32 Westall Road Springvale VIC 3171

  • Factory, Warehouse & Industrial
  • 18,410 m²
  • Sold

Infill Triple Net Lease

    + 7 year lease to subsidiary of ASX 200 listed company
    + Returning $1,457,000 per annum net*
    + Strategic land bank of 4.92ha*
    + Strong rental growth fixed at 3.50% annually
    + Significant development potential (STCA)
    + Flexible improvements, GLA of 18,410 sqm*
    + High underlying land value
    + Tightly held infill location
    + 100 metres* from Westall Railway Station
    + Situated within the broader Monash Employment Precinct

    Expressions of Interest closing Thursday 30th March 2017 at 3.00pm AEDT.

    *approx.
    Outline indicative only

    CBRE
    CBRE
    Level 34, 8 Exhibition Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold25 May 2017
    Floor Area18,410 m²
    Land Area5 ha
    ParkingOn site parking available
    Property ID2013443244
    Category
     Factory, Warehouse & Industrial
    Last updated  6 Feb 2024
    Map for 30-32 Westall Road Springvale VIC 3171
    CBRE
    CBRE
    Level 34, 8 Exhibition Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold25 May 2017
    Floor Area18,410 m²
    Land Area5 ha
    ParkingOn site parking available
    Property ID2013443244
    Category
     Factory, Warehouse & Industrial
    Last updated  6 Feb 2024

    Co-Agents

    Rory Hilton
    Rory Hilton
    CBRE
    Call
    +61 433 130 720
    Ben Hegerty
    Ben Hegerty
    CBRE
    Call
    +61 414 717 555
    Chris O'Brien
    Chris O'Brien
    CBRE
    Call
    +61 407 664 233

    Enquire about this property

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              More about 30-32 Westall Road Springvale VIC 3171

              30-32 Westall Road Springvale VIC 3171 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 18,410 m² and a land area of 5 ha. The listing ID for this property is 2013443244.

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