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Colliers International - Melbourne East

34 and 36/1 Kingston Road Heatherton, VIC 3202

34 and 36/1 Kingston Road,
Heatherton, VIC 3202

Warehouse, Factory & Industrial • Showrooms & Bulky Goods • Other

Price information

Sale

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Key property information

Floor area

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$68,250
Number of Tenants
1 Tenant

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Colliers International - Melbourne East
34 and 36/1 Kingston Road
Heatherton, VIC 3202
Colliers International - Melbourne East
Sam Hibbins
Fraser Pearce

Colliers International - Melbourne East

Level 7, Chadstone Tower One, 1341 Dandenong Rd
CHADSTONE, VIC 3148

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Secure Bayside Industrial Investment

  • New 3-Year Lease with Options until 2027
  • Flexibility in Future Layout & Offering
  • Constructed by Pellicano Builders
Colliers International are pleased to offer for sale Unit 34 and 36 at 1 Kingston Road, Heatherton located within the Pellicano developed Parkview Estate. The two adjoining industrial units were constructed in circa 2014 and have been occupied since then by PJ’s Gourmet Express.

Parkview Estate is a 51-hectare commercial precinct that incorporates lifestyle, industrial, retail and commercial users plus multiple quality eateries. It is surrounded by parklands and walking trails and is considered one of the most in demand industrial locations within the Melbourne Bayside market.

Key Investment Highlights:
• Net Rent $68,250 per annum
• New 3-year lease with options until 2027
• Annual Increases 3.25%
• Outgoings 100% payable by the tenant
• Security deposit equal to 3 month’s rent

Key Property Highlights:
• Total building area 546sqm* (U34 = 220sqm, U36 = 326sqm)
• Mezzanine office in U36 46sqm*
• Internal warehouse clearance 7m+
• Each unit has own container height roller door, on-title car spaces, bathroom and kitchenette and 3 Phase Power supply
• High quality cool-room and freezer fit-out

The units are to be sold together and offer future flexibility for both investors or owner occupiers are they can be separated or remain connected through the access way in the shared wall.

For further information, please contact the appointed agents below.

(*) Approximate

Property ID: 503569254Last Updated: 14 Jul 2020

Agency contacts

Colliers International - Melbourne East
Colliers International - Melbourne East
Level 7, Chadstone Tower One, 1341 Dandenong Rd
CHADSTONE, VIC 3148
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Sam Hibbins

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Sam Hibbins
Colliers International - Melbourne East
34 and 36/1 Kingston Road Heatherton, VIC 3202

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Sam Hibbins

    Sam Hibbins

    Colliers International - Melbourne East
    0422 *** ***
  • Fraser Pearce

    Fraser Pearce

    Colliers International - Melbourne East
    0432 *** ***