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Colliers - Essendon Fields

1/29 Burnett Street Somerton, VIC 3062

Directions

1/29 Burnett Street,
Somerton, VIC 3062

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Private inspections

to arrange a private inspection.
Colliers - Essendon Fields
Brad Crouch
Mitch Purcell

Colliers - Essendon Fields

Suite 1, 6 English Street
ESSENDON FIELDS, VIC 3041
Colliers - Essendon Fields
1/29 Burnett Street
Somerton, VIC 3062

Map of 1/29 Burnett Street

Directions
  • Train stations within 5 km of 1/29 Burnett Street, Somerton, VIC 3062Distance
    Roxburgh Park Station2.7 km
    Upfield Station3.5 km
    Coolaroo Station4.3 km
    Craigieburn Station4.5 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 1/29 Burnett Street, Somerton, VIC 3062Distance
    Freight DrCooper St Somerton741 m
    MetroLink CCTCooper St Campbellfield799 m
    Rex RdCooper St Campbellfield818 m
    Fillo Dr/Cooper St (Somerton)1 km
    Austrak DrSydney Rd1.3 km
    POWERED BY HERE ©
POWERED BY HERE ©

Rare Somerton Tenanted Investment

  • Total building area: 445sqm*
  • Leased to Undisputed Martial Arts
  • Secure Access
Colliers is pleased to exclusively present 1/29 Burnett Street, Somerton for Sale.

Located within the highly sought after Northpark Estate, this rate opportunity is offered to market with a secure lease to Undisputed Martial Arts.

Key building features:

• Total building area: 445sqm*
• Warehouse area: 385sqm*
• Office area: 60sqm*
• Ten (10) on-site car parks
• Secure fencing and motorised gate
• High clearance clear span warehouse
• High quality staff amenities
• Great access to major road arterials including the Western Ring Road, Hume Freeway & Cooper Street

Key investment highlights:

- Tenant: Undisputed Martial Arts
- Net annual rent: $67,897 per annum + GST and outgoings
- Lease term: Three (3) years
- Lease commencement: 7th August 2023
- Lease options: Three (3) further terms of two (2) years each

For further information regarding this opportunity or to arrange an inspection, please contact the exclusively appointed agents.

*Approximate
**Outline indicative only

Somerton, 3062 demographic data

The median household income for Somerton is $1,187, 38% lower than Greater Melbourne's household income of $1,901. Somerton has an older age profile compared to the rest of Greater Melbourne (median age 52 vs 37).

6
Population
$1,187 per week
Median household income
52 years
Median age
Renters
Most residents
-
Most households
Colliers - Essendon Fields
Suite 1, 6 English Street
ESSENDON FIELDS, VIC 3041

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