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Fitzroys - Melbourne

259 Hyde Street Yarraville, VIC 3013

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259 Hyde Street,
Yarraville, VIC 3013

Warehouse, Factory & Industrial

Key property information

Floor area

Car spaces

Parking info

Zoning

Tenure type

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Fitzroys - Melbourne
Brent Glassford
Marco Sandrin

Fitzroys - Melbourne

Level 27, 360 Collins Street
MELBOURNE, VIC 3000
Fitzroys - Melbourne
259 Hyde Street
Yarraville, VIC 3013

Map of 259 Hyde Street

Directions

Robust & Rare Yarraville Investment

  • Prominent Corner Position
  • Dynamic City Fringe Location
  • Strong Lease Covenant
OPEN FOR INSPECTION WEDNESDAY, 16 NOVEMBER FROM 12:00 -12:45PM.

Fitzroys is pleased to offer for sale by Public Auction on Wednesday 23rd November at 12PM on site this robust investment opportunity within Melbourne’s surging inner west.

Key investment highlights:

- Highly functional building of 512sqm* encompassing a clearspan warehouse with two container height roller door access, corporate office and breakaway area
- Commanding corner exposure with combined frontage of 51 metres* to Hyde and Taylor Streets
- 6 on-site car parking spaces
- Leased to Campos Coffee, winner of Champion Australian Roaster 2021 & 2022, also subsidiary of listed global coffee giant JDE Peet's
- Currently returning $82,400 p.a. plus Outgoings and GST
- Lease term: 5+5+5 years from 1 July 2021
- Fixed annual rent reviews
- Zoned Industrial 3 (IN3Z)
- Only 6km* west of Melbourne CBD and 3km* from the Port of Melbourne
- Benefitting from immediate proximity to $6.7b* West Gate Tunnel project nearing completion allowing access to the West Gate Freeway from Hyde Street via two new ramps
- Highly sought-after investment providing strong prospects for future capital appreciation and rental growth

AUCTION ON WEDNESDAY 23RD NOVEMBER 12PM ON SITE

*approx.

Transaction Manager - O & Co

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Yarraville, 3013 demographic data

The median household income for Yarraville is $2,485, 31% higher than Greater Melbourne's household income of $1,901. Yarraville has a similar age profile compared to the rest of Greater Melbourne (median age 37). Property ownership data shows 58% of property owners in Yarraville have a mortgage.

15,636
Population
$2,485 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000

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