17-19 Lathams Road,
Carrum Downs, VIC 3201
Warehouse, Factory & Industrial
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Nichols Crowder - Carrum Downs
1 Colemans RdCARRUM DOWNS, VIC 3201
17-19 Lathams Road
Carrum Downs, VIC 3201
Map of 17-19 Lathams Road
4 Main Road Warehouses, 1 Title, 100% Leased!
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING TUESDAY 15TH NOVEMBER AT 2PM
Nichols Crowder is excited to offer for sale by Expression of Interest (closing Tuesday 15th November @ 2pm) this unique main road property. Whether you're looking to renovate, sub-divide, land bank or re-develop this flexible offering ticks those box's (STCA).
Comprising of 4 warehouses with a ground floor building area of 1,810sqm* situated on one title with a land area of 3,010sqm*.
100% leased with all tenancies and options ending within 6 years giving you control of any future rentals or development plans.
The current rental is only $142,732 per annum which increases to $158,583 from May 2023. Representing just $87 per square metre the rent is less than half of rent's being achieved at the new Carrum Downs Lifestyle Centre opposite this site.
The site has an impressive 43 metre frontage to Lathams Road which is currently undergoing a major upgrade (completion due mid 2023).
To receive a copy of the Information Memorandum or to discuss the offering in more details please contact the listing agents.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.
Nichols Crowder is excited to offer for sale by Expression of Interest (closing Tuesday 15th November @ 2pm) this unique main road property. Whether you're looking to renovate, sub-divide, land bank or re-develop this flexible offering ticks those box's (STCA).
Comprising of 4 warehouses with a ground floor building area of 1,810sqm* situated on one title with a land area of 3,010sqm*.
100% leased with all tenancies and options ending within 6 years giving you control of any future rentals or development plans.
The current rental is only $142,732 per annum which increases to $158,583 from May 2023. Representing just $87 per square metre the rent is less than half of rent's being achieved at the new Carrum Downs Lifestyle Centre opposite this site.
The site has an impressive 43 metre frontage to Lathams Road which is currently undergoing a major upgrade (completion due mid 2023).
To receive a copy of the Information Memorandum or to discuss the offering in more details please contact the listing agents.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.
Carrum Downs, 3201 demographic data
The median household income for Carrum Downs is $1,658, 13% lower than Greater Melbourne's household income of $1,901. Carrum Downs has a younger age profile compared to the rest of Greater Melbourne (median age 36 vs 37). Property ownership data shows 67% of property owners in Carrum Downs have a mortgage.
21,976
Population
$1,658 per week
Median household income
36 years
Median age
Owners
Most residents
Families
Most households
Nichols Crowder - Carrum Downs1 Colemans Rd
CARRUM DOWNS, VIC 3201
CARRUM DOWNS, VIC 3201
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