9 Gilbert Park Drive Knoxfield VIC 3180

Appleby Commercial are pleased to offer 9 Gilbert Park Drive, Knoxfield to the market for sale by Expressions of Interest closing Thursday 26th of September 2024 at 2pm AEST. (unless sold prior).

Outstanding opportunity to secure a multi-functional standalone facility located in the heart of the Knoxfield Industrial estate.

The property is currently split into two warehouses which are both leased. 

Warehouse 1 (Size: 950 square metres) is leased to Hub Furniture Lighting Living at a rental of $77,269.09 per annum plus GST plus outgoings, the lease term is a month to month lease. 
Warehouse 2 (Size: 1001 square metres) is leased to Lowe Furniture Pty Ltd at a rental of $77,269.09 per annum plus GST plus outgoings. The lease term for warehouse 2 is a 5 year lease which commenced on the 1/4/2021, there is one further option of 5 years.

Due to the flexibility of the warehouse 1 lease agreement, you have the option to continue the rental income for both warehouses or choose to occupy warehouse 1.  Excellent options available.

FEATURES INCLUDE
Total Building size: 1,951 square metres
Total Land size: 3,746 square meres
Significant Rental upside
Multiple Roller doors
Standalone facility
3 phase power
High clearance warehouse (7.1 metres)
Ample onsite car parking
Office space
Good truck and vehicle access
Only minutes from Eastlink