Rare Opportunity with Upside Potential

The property represents a unique opportunity to acquire a substantial 9.6 hectare infill site with holding income in Melbournes tightly held western industrial precinct, specifically in the land constrained suburb of Altona.

The site is underpinned by high underlying land value and significant development potential (STCA). The incumbent occupiers have signed providing a semi gross passing income totaling $997,274 across two tenancies, separate heads of agreements (with leases currently in the process for being formalised), providing holding income whilst planning for the future redevelopment of the property.

Agent

Chris Curtain

Chris Curtain

Director

0418 335 572

business_phone 03 9699 7500

Contact Agent

Ned Kukic

Ned Kukic

Industrial/Commercial Sales & Leasing Consultant

0404 227 058

business_phone 03 9699 7500

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Property Information

  • Building Size 15452 m2
  • Type Industrial
  • Zoning Special Use 4
  • Sale Method Sale by Negotiation

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Alt-Co | Altona North's Newest Industrial Precinct

Altona North 45-47 McArthurs Road

Alt-Co | Altona North's Newest Industrial Precinct

Sale by Negotiation

Property Type: Industrial

Millers Junction Office/Warehouse

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Millers Junction Office/Warehouse

Property Type: Industrial

Building Area: 74 m2 

Millers Junction Gem!

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Millers Junction Gem!

Sale by Negotiation

Property Type: Industrial

Building Area: 141 m2 

Outstanding Open office/warehouse!

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Outstanding Open office/warehouse!

Property Type: Industrial

Building Area: 600 m2 

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