415-417 Old Geelong Road Hoppers Crossing VIC 3029

CBRE is delighted to present for sale, 415-417 Old Geelong Road, Hoppers Crossing via private treaty.

This high exposure sites lies along the prominent thoroughfare Old Geelong Road with high volumes of passing traffic in a thriving commercial precinct.

Providing immediate access to the Princes Freeway via Forsyth Road, this property is extremely well located only 17km* to the Port of Melbourne, 21km* to Melbourne CBD and 23km* to Melbourne International Airport.

The property is fully leased to long term tenants at a strong market rent. The surplus land between the tenancies allows the opportunity to further develop the site (STCA) or lease as is to generate additional income on the asset.

Key Investment Features:
+ Unit 1: 480sqm Leased to Economy Glass
+ Unit 2: 713sqm Leased to Fresh2Chef
+ Total Building Area: 1,193sqm
+ Site Area: 3,623sqm
+ Combined Passing Rental Income: $203,238.17 + GST & Outgoings
+ Upcoming market rent review with ability for rent reversion
+ Industrial 1 Zoning
+ Secure tenants with multiple further terms
+ Overhead gantry crane to Unit 1
+ Extensive solar investment and cool rooms to Unit 2

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

*approx.