F5, 2A Westall Road,
Clayton, VIC 3168
Warehouse, Factory & Industrial
Price information
Sale - Auction Wed 15 May
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Map of F5, 2A Westall Road
Train stations within 5 km of F5, 2A Westall Road, Clayton, VIC 3168 Distance Westall Station 970 m Clayton Station 2 km Springvale Station 2.3 km Sandown Park Station 3.5 km Huntingdale Station 4.1 km POWERED BY HERE ©Tram stops within 5 km of F5, 2A Westall Road, Clayton, VIC 3168 Distance 41-Cantala Ave/Dandenong Rd (Armadale) 4.9 km POWERED BY HERE ©Bus stops within 5 km of F5, 2A Westall Road, Clayton, VIC 3168 Distance Garden RdPrinces Hwy 539 m Kalimna Ave/Princes Hwy (Mulgrave) 643 m Centre Rd/First St (Clayton South) 666 m McNaughton RdPrinces Hwy 674 m Renver RdPrinces Hwy 676 m POWERED BY HERE ©
POWERED BY HERE ©
FINALLY: A LIMITED EDITION CLAYTON OFFER.
To be sold via Public Auction on Wednesday 15th May 2024 at 12pm on-site.
POINT OF INTEREST:
With record-low supply levels and insatiably high demand, this Hallmarc of Clayton industrial estate finally has an opening to savvy early birds. The versatile office and warehouse hybrid utilises 232 sqm* to its advantage, with 102 sqm* dedicated to modern ground and first-floor office/showroom space. There’s also an elevated internal clearance, a container height roller door, three-phase power and four allocated car spaces for good measure. All of this is currently in use to Yunkyung Kim T/A SIH Trading on a 2-year term that expires in December 2025, with a further 2-year option on the cards. You’ll receive $34,800 per annum (excluding GST and outgoings) in leasing income with 4% annual increases, but keep in mind that this price is under the market rate of $40k per annum — providing an opportunity for significant uplift for any purchaser. And because it goes both ways, an upside for the tenant: this is a non-retail lease, allowing for Land Tax to be recoverable by the tenant.
- Currently leased to Yunkyung Kim T/A SIH Trading on a 2-year term expiring December 2025, with a further 2-year option
- $34,800 per annum in leasing income with 4% annual increases
- Significant rental uplift potential
- 4 month + GST Security Deposit held ($12,760)
- 232 sqm* total building area
- 102 sqm* of modern ground and first-floor office space
- Four allocated on-site car spaces
- Industrial 1 zoning
- 2 km* to Dandenong Road
- 2.7 km* to the Dingley Bypass and Mordialloc Freeway
POINT OF VIEW:
Neighbouring the Springvale Homemakers Centre, Princes Highway, and Clayton’s most prominent industrial and commercial enterprises, this is a strategic play for local investors opting out of residential and into strong capital growth, and owner occupiers playing the long game for the big gains.
*Approx.
Pricing excludes GST
POINT OF INTEREST:
With record-low supply levels and insatiably high demand, this Hallmarc of Clayton industrial estate finally has an opening to savvy early birds. The versatile office and warehouse hybrid utilises 232 sqm* to its advantage, with 102 sqm* dedicated to modern ground and first-floor office/showroom space. There’s also an elevated internal clearance, a container height roller door, three-phase power and four allocated car spaces for good measure. All of this is currently in use to Yunkyung Kim T/A SIH Trading on a 2-year term that expires in December 2025, with a further 2-year option on the cards. You’ll receive $34,800 per annum (excluding GST and outgoings) in leasing income with 4% annual increases, but keep in mind that this price is under the market rate of $40k per annum — providing an opportunity for significant uplift for any purchaser. And because it goes both ways, an upside for the tenant: this is a non-retail lease, allowing for Land Tax to be recoverable by the tenant.
- Currently leased to Yunkyung Kim T/A SIH Trading on a 2-year term expiring December 2025, with a further 2-year option
- $34,800 per annum in leasing income with 4% annual increases
- Significant rental uplift potential
- 4 month + GST Security Deposit held ($12,760)
- 232 sqm* total building area
- 102 sqm* of modern ground and first-floor office space
- Four allocated on-site car spaces
- Industrial 1 zoning
- 2 km* to Dandenong Road
- 2.7 km* to the Dingley Bypass and Mordialloc Freeway
POINT OF VIEW:
Neighbouring the Springvale Homemakers Centre, Princes Highway, and Clayton’s most prominent industrial and commercial enterprises, this is a strategic play for local investors opting out of residential and into strong capital growth, and owner occupiers playing the long game for the big gains.
*Approx.
Pricing excludes GST
Property ID: 504569944Last Updated: 19 Apr 2024
F5, 2A Westall Road
Clayton, VIC 3168
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