Cushman & Wakefield Capital Markets Logistics & Industrial is pleased to offer for sale 97-103 Boundary Road, Laverton North. An exceptional and high-profile corner site improved with 7,053 sqm of versatile GLA across three separate buildings. The asset comprises a mix of ambient warehouse, temperature-controlled, and showroom areas and is fully leased to three tenants with an attractive WALE of 4.4 years and passing net income in excess of $1.5 million per annum.
Key Investment Highlights include:
Total GLA of 7,053 sqm, complemented by 2,514 sqm of concrete hardstand.
Versatile mix of ambient warehouse, temperature-controlled, and showroom areas.
Prominent corner site with 274 metres of high exposure frontage to Boundary and Hume Roads.
Passing net income of $1,505,840 p.a.
Attractive WALE of 4.4 years providing access to potential positive rental reversion.
Cost-effective location advantage with immediate access to the Western Ring Road (M80) 750 metres.
Located only 15km West of Melbourne CBD within one of Australia's fastest growth corridors with forecast population growth of 46% over the next decade, significantly above the Melbourne Average of 19%.
Note: all figures are approximate and as at 1 April 2025.
Expressions of Interest campaign closing Wednesday 5 March 2025 at 3pm AEDT.
For further information please contact the exclusive marketing agents.
Chris Jones | +61 477 881 882 | chris.a.jones@cushwake.com
Charlie Holmes | +61 439 334 154 | charlie.holmes@cushwake.com
Tony Iuliano | +61 412 992 830 | tony.iuliano@cushwake.com
Adrian Rowse | +61 414 836 817 | adrian.rowse@cushwake.com