24 Vella Drive,
Sunshine West, VIC 3020
Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
Map of 24 Vella Drive
Corner Prominence With Income.
POINT OF INTEREST:
An income producing industrial offering with unrivalled functionality. Favorably corner positioned, the property is sure to impress featuring a large front hardstand area ideal for loading and unloading capabilities and fully secure and gated entrance.
- Building area: 1,159m2* featuring 220m2* ground floor office plus first floor office
- Land area: 1,948m2*
- Current rental: $91,069.51 p.a net plus GST
- Term: Three (3) years expiring 1st February 2022
- Options: Three (3) years and three (3) years
- Commencement:1 August 2018
- Increases: 3.5% annually plus market review
- Corner position
POINT OF VIEW:
Boasting its prominence on the intersection of Vella Drive and Grace Court, the property provides logistical ease to Somerville, Boundary and Fairbairn Roads and onward connectivity to the Western Ring Road. With the addition of the Melbourne CBD a mere 15km* away, the property is an enviable investment to add to your property portfolio.
*Approx.
Pricing excludes GST
An income producing industrial offering with unrivalled functionality. Favorably corner positioned, the property is sure to impress featuring a large front hardstand area ideal for loading and unloading capabilities and fully secure and gated entrance.
- Building area: 1,159m2* featuring 220m2* ground floor office plus first floor office
- Land area: 1,948m2*
- Current rental: $91,069.51 p.a net plus GST
- Term: Three (3) years expiring 1st February 2022
- Options: Three (3) years and three (3) years
- Commencement:1 August 2018
- Increases: 3.5% annually plus market review
- Corner position
POINT OF VIEW:
Boasting its prominence on the intersection of Vella Drive and Grace Court, the property provides logistical ease to Somerville, Boundary and Fairbairn Roads and onward connectivity to the Western Ring Road. With the addition of the Melbourne CBD a mere 15km* away, the property is an enviable investment to add to your property portfolio.
*Approx.
Pricing excludes GST
Additional information
External websites
Sunshine West, 3020 demographic data
The median household income for Sunshine West is $1,416, 26% lower than Greater Melbourne's household income of $1,901. Sunshine West has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 42% of property owners in Sunshine West have a mortgage.
18,552
Population
$1,416 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
CVA Property Consultants - Melbourne
18-20 Russell StreetMELBOURNE, VIC 3000
04183431...
24 Vella Drive
Sunshine West, VIC 3020
CVA Property Consultants - Melbourne18-20 Russell Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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3-11 Market Road,Sunshine, VIC 3020 3435 m²Warehouse, Factory & Industrial • Development Sites & Land • Showrooms & Large Format Retail