37 Laser Drive,
Rowville, VIC 3178
Warehouse, Factory & Industrial • Showrooms & Large Format Retail
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Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
37 Laser Drive
Rowville, VIC 3178
Map of 37 Laser Drive
RARE INDUSTRIAL FREEHOLD INVESTMENT IN TIGHTLY HELD PRECINCT
- Secure tenanted investment
- Recently renewed lease
- Tenant pays outgoings including land tax
****** SOLD ******
Gross Waddell ICR is delighted to present for sale 37 Laser Drive, Rowville, an exceptional industrial investment located within a tightly held industrial precinct. This well-appointed and highly functional property offers 2 container height RSD’s, quality office accommodation and comes securely leased to a bustling tenant.
• High quality warehouse and office sprawled across 1,276 sqm* of building area
• Substantial landholding of 2,020 sqm* with dual access and plenty of on-site car parks
• Securely leased to A2Z Flashings on a recently renewed lease
• 3-year term commencing 21st December 2023 with a further 3-year option
• Strong income profile of $150,000 net per annum with fixed annual increases and a market review at option
• Flexible Industrial 1 Zone (IN1Z) landholding with potential for further rental growth or ability to split into 2 tenancies (STCA)
• Tightly held industrial precinct and nestled just off Stud Road, Kelletts Road and Ferntree Gully Road
• Surrounded by a plethora of large format retail and shopping centres including Bunnings, Stud Park Shopping Centre and HomeCo Knoxfield
The property is for sale via an on-site Public Auction to be held at 12:00 pm on Wednesday the 31st of July 2024. For further information or to discuss this investment opportunity further, please contact the team at Gross Waddell ICR directly.
*approx.
Gross Waddell ICR is delighted to present for sale 37 Laser Drive, Rowville, an exceptional industrial investment located within a tightly held industrial precinct. This well-appointed and highly functional property offers 2 container height RSD’s, quality office accommodation and comes securely leased to a bustling tenant.
• High quality warehouse and office sprawled across 1,276 sqm* of building area
• Substantial landholding of 2,020 sqm* with dual access and plenty of on-site car parks
• Securely leased to A2Z Flashings on a recently renewed lease
• 3-year term commencing 21st December 2023 with a further 3-year option
• Strong income profile of $150,000 net per annum with fixed annual increases and a market review at option
• Flexible Industrial 1 Zone (IN1Z) landholding with potential for further rental growth or ability to split into 2 tenancies (STCA)
• Tightly held industrial precinct and nestled just off Stud Road, Kelletts Road and Ferntree Gully Road
• Surrounded by a plethora of large format retail and shopping centres including Bunnings, Stud Park Shopping Centre and HomeCo Knoxfield
The property is for sale via an on-site Public Auction to be held at 12:00 pm on Wednesday the 31st of July 2024. For further information or to discuss this investment opportunity further, please contact the team at Gross Waddell ICR directly.
*approx.
Rowville, 3178 demographic data
33,571
Population
$2,205 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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