Colliers are pleased to present to the market for sale, 9 & 10 Haymer Court, Braeside.
This rare Bayside investment offering comprises two adjoining industrial assets, underpinned by an array of future value enhancement and higher order redevelopment opportunities.
Key investment highlights include:
- Combined building area of 3,513m²*
- Combined land holding of 8,496m²*
- Low site coverage of 41% offering ultimate development flexibility
- Significant passing income of $361,296 per annum across two tenancies
- WALE of 1.86 years by income
- Strategic location offering excellent access to existing precinct amenity and major road infrastructure including the Mordialloc Freeway, Dandenong Bypass and Eastlink.
Individual asset summaries:
9 Haymer Court, Braeside
Total building area: 1,475m²*
Total land area: 2,644m²*
Passing Income: $145,000p.a. ($98/m²)
WALE: 2.41 years by income
10 Haymer Court, Braeside
Total building area: 2,038m²*
Total land area: 5,852m²*
Passing Income: $216,296p.a. ($106/m²)
WALE: 1.49 years by income
9 & 10 Haymer Court, Braeside is offered for sale via Expressions of Interest campaign closing 4.00pm (AEDT) Wednesday, 9th October 2024. *If not sold prior
For further information on this unique opportunity, please contact the exclusively appointed agents.
*Approximate
**Outlines indicative only