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6 Market Road
Sunshine VIC 3020
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Sold on 4 Apr 2024

6 Market Road Sunshine VIC 3020

  • Factory, Warehouse & Industrial
  • 2,400 m²
  • Sold

Inner West Landholding with Improvements and Income.

    POINT OF INTEREST:

    Substantial Industrial Facility Securely Leased until April 2026, with two additional 1-year options. Located at 6 Market Road, on the corner of First Avenue, this property comprises approximately 2400 sqm* of building space, including a large mezzanine, as well as a separate freestanding office of 163 sqm*. Situated on an enviable corner site of 5193 sqm*, this presents an opportunity to both earn rental income and plan for future development. Options include constructing your own large warehouse with on-site parking or embarking on a multi-warehouse development with frontages to Market Road and First Avenue (subject to all relevant approvals).

    - Well established and tightly held industrial precinct
    - 5,193 sqm* total land area
    - 2,400  sqm*  total building area
    - 50m* frontage to Market Road
    - 103m* depth to First Avenue
    - Current annual rental of $272,727.27*
    - Industrial 1 Zone 
    - Limited opportunity to secure prime land of this portion and huge street frontage

    POINT OF VIEW:

    Investment opportunity with a secure lease until March 2026, plus options. Develop later (subject to council approval). Be the first to market.

    *Approx.
    Pricing excludes GST

    CVA Property Consultants Pty Ltd
    CVA Property Consultants Pty Ltd
    18-20 Russell Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold4 Apr 2024
    Floor Area2,400 m²
    Land Area5,193 m²
    ParkingAsk Agent
    Property ID2019095836
    Category
    Last updated  2 May 2024
    Map for 6 Market Road Sunshine VIC 3020
    CVA Property Consultants Pty Ltd
    CVA Property Consultants Pty Ltd
    18-20 Russell Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold4 Apr 2024
    Floor Area2,400 m²
    Land Area5,193 m²
    ParkingAsk Agent
    Property ID2019095836
    Category
    Last updated  2 May 2024

    Co-Agents

    Domenic Sgambellone
    Domenic Sgambellone
    CVA Property Consultants Pty Ltd
    Call
    0418327676
    Leo Mancino
    CVA Property Consultants Pty Ltd
    Call
    0418 343 147

    More about 6 Market Road Sunshine VIC 3020

    6 Market Road Sunshine VIC 3020 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 2,400 m² and a land area of 5,193 m². The listing ID for this property is 2019095836.

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