5 Oban Court Laverton North VIC 3026

VICPROP Hawthorn is proud to present an exclusive opportunity to acquire a unique tenanted investment property, located in a sought-after pocket of Laverton North, a prime industrial hub in Melbourne's western precinct.

Versatile Facility with Long-Term Appeal This expansive facility, featuring dual container-height roller doors and a large canopy, is ideal for industries requiring space for fabrication, manufacturing, modification, or heavy-duty storage and logistics. Its flexible layout makes it suitable for a wide range of industrial applications.

Prime Location & Accessibility Located with direct access to Fitzgerald Road and the Western Ring Road, this property offers unbeatable convenience, just 15 minutes from Melbourne's CBD. Designed to accommodate heavy handling, the site is fully equipped for manufacturing, fabrication, or the servicing of heavy machinery.

Tenant Overview SAMI Bitumen Technologies, a leading supplier of bulk bitumen across Australia, is the anchor tenant. With operations in Brisbane, Perth, Sydney, and Melbourne, and a national storage capacity exceeding 50,000 tonnes, SAMI supplies all bitumen grades in compliance with Australian Standards. As an independent operator, SAMI benefits from strong international backing through its parent company, Colas SA, a globally recognized, publicly listed firm specializing in bitumen.

Property Specifications:

Office Area: 312.8m²
Warehouse Area: 1,921.82m²
Total Building Area: 2,234.62m²
Canopy Area: 353.64m²
Total Land Area: 4,000m²
Key Features:

Dual container-height roller doors
Extensive concrete hardstand
Large canopy
Located in the William Angliss Drive Estate
Zoned Industrial 2
Current Lease Details:

Tenant: SAMI Bitumen Technologies
Lease Term: 10 years, commencing 13th May 2024
Lease Options: One (1) further term of 5 years
Average Annual Rent: $360,183 per annum + GST + outgoings
Rental Increase: 4% annually
This is a rare opportunity to secure a premium industrial investment with a strong tenant in place.