47 Apollo Drive Hallam VIC 3803

CBRE is pleased to bring 47 Apollo Drive, Hallam to market For Sale via Expressions of Interest closing Wednesday 11th October 2023 at 3pm AEDT (unless sold prior).

A now considered 'infill' industrial precinct, Hallam has been starved of genuine opportunities to acquire serviced industrial land for years. 47 Apollo Drive, will be sold via leaseback to Dandenong Heavy Haulage Pty Ltd on the following lease terms:

+ Lease commencing 15th March 2024
+ 3-year lease (no further options)
+ $200,000 per annum ($50 per sqm)
+ 4% annual increases
+ 3-month bank guarantee

Property highlights include:
+ Heavy duty hardstand with the ability to store over 50 tonne machinery
+ Fully secure and level
+ Serviced with water, power, electricity and NBN
+ Ability to owner occupy or re-develop (STCA).

Hallam location highlights include:
+ Hallam Train Station 700m*
+ Hallam South Road 650m*
+ Princes Hwy 1km*
+ South Gippsland Freeway 1.6km*
+ Monash Freeway (M1) 2.8km*
+ Melbourne CBD 32km*
+ Port of Melbourne 36km*

For a copy of the Information Memorandum or Contract of Sale, please contact one of CBRE's exclusively appointed agents.

*Approx