508-520 Wellington Road,
Mulgrave, VIC 3170
Warehouse, Factory & Industrial • Development Sites & Land
Price information
Sold
$30,500,000
Key property information
Land area
Floor area
Property extent
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Map of 508-520 Wellington Road
STRATEGIC 4HA LANDHOLDING WITH INCOME
Property highlights include:
+ Site area of 41,114sqm*
+ 8,049sqm* office/warehouse building
+ Suitable for manufacturing or warehousing
+ Leased to Renold Australia Pty Ltd
+ NET passing income of $960,990 per annum
+ Lease expiry March 2020
+ Prime industrial infill site adjoining Woolworths national distribution centre and Victorian state head office
+ Ideally located for 'last mile' logistics use
+ Excellent access to the Monash Freeway & Eastlink
+ Proximity to the Monash University & National Employment and Innovation Cluster
+ Massive residential catchment and access to a highly skilled workforce
+ Myriad of short term development options and long term repositioning potential
+ One of Mulgrave's last substantial development sites for industrial development OR owner occupation
+ Significant frontage and exposure to Wellington Road and Monash Freeway
EXPRESSIONS OF INTEREST CLOSING THURSDAY 30TH AUGUST 2018 AT 4.00PM
*denotes approx
+ Site area of 41,114sqm*
+ 8,049sqm* office/warehouse building
+ Suitable for manufacturing or warehousing
+ Leased to Renold Australia Pty Ltd
+ NET passing income of $960,990 per annum
+ Lease expiry March 2020
+ Prime industrial infill site adjoining Woolworths national distribution centre and Victorian state head office
+ Ideally located for 'last mile' logistics use
+ Excellent access to the Monash Freeway & Eastlink
+ Proximity to the Monash University & National Employment and Innovation Cluster
+ Massive residential catchment and access to a highly skilled workforce
+ Myriad of short term development options and long term repositioning potential
+ One of Mulgrave's last substantial development sites for industrial development OR owner occupation
+ Significant frontage and exposure to Wellington Road and Monash Freeway
EXPRESSIONS OF INTEREST CLOSING THURSDAY 30TH AUGUST 2018 AT 4.00PM
*denotes approx
Property ID: 502901782Last Updated: 19 Apr 2021
04777812...
508-520 Wellington Road
Mulgrave, VIC 3170
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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49-53 Roberts Avenue,Mulgrave, VIC 3170 1434 m²Warehouse, Factory & Industrial • Offices