47 Apollo Drive,
Hallam, VIC 3803
Warehouse, Factory & Industrial • Development Sites & Land
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
47 Apollo Drive
Hallam, VIC 3803
Map of 47 Apollo Drive
LAND BANK OPPORTUNITY WITH STRONG HOLDING INCOME
- 4,012sqm total land area
- Concrete hardstand
- Brand new 3 year lease
CBRE is pleased to bring 47 Apollo Drive, Hallam to market For Sale via Expressions of Interest closing Wednesday 11th October 2023 at 3pm AEDT (unless sold prior).
A now considered ‘infill’ industrial precinct, Hallam has been starved of genuine opportunities to acquire serviced industrial land for years. 47 Apollo Drive, will be sold via leaseback to Dandenong Heavy Haulage Pty Ltd on the following lease terms:
+ Lease commencing 15th March 2024
+ 3-year lease (no further options)
+ $200,000 per annum ($50 per sqm)
+ 4% annual increases
+ 3-month bank guarantee
Property highlights include:
+ Heavy duty hardstand with the ability to store over 50 tonne machinery
+ Fully secure and level
+ Serviced with water, power, electricity and NBN
+ Ability to owner occupy or re-develop (STCA).
Hallam location highlights include:
+ Hallam Train Station 700m*
+ Hallam South Road 650m*
+ Princes Hwy 1km*
+ South Gippsland Freeway 1.6km*
+ Monash Freeway (M1) 2.8km*
+ Melbourne CBD 32km*
+ Port of Melbourne 36km*
For a copy of the Information Memorandum or Contract of Sale, please contact one of CBRE’s exclusively appointed agents.
*Approx
A now considered ‘infill’ industrial precinct, Hallam has been starved of genuine opportunities to acquire serviced industrial land for years. 47 Apollo Drive, will be sold via leaseback to Dandenong Heavy Haulage Pty Ltd on the following lease terms:
+ Lease commencing 15th March 2024
+ 3-year lease (no further options)
+ $200,000 per annum ($50 per sqm)
+ 4% annual increases
+ 3-month bank guarantee
Property highlights include:
+ Heavy duty hardstand with the ability to store over 50 tonne machinery
+ Fully secure and level
+ Serviced with water, power, electricity and NBN
+ Ability to owner occupy or re-develop (STCA).
Hallam location highlights include:
+ Hallam Train Station 700m*
+ Hallam South Road 650m*
+ Princes Hwy 1km*
+ South Gippsland Freeway 1.6km*
+ Monash Freeway (M1) 2.8km*
+ Melbourne CBD 32km*
+ Port of Melbourne 36km*
For a copy of the Information Memorandum or Contract of Sale, please contact one of CBRE’s exclusively appointed agents.
*Approx
Hallam, 3803 demographic data
The median household income for Hallam is $1,489, 22% lower than Greater Melbourne's household income of $1,901. Hallam has a younger age profile compared to the rest of Greater Melbourne (median age 36 vs 37). Property ownership data shows 57% of property owners in Hallam have a mortgage.
11,355
Population
$1,489 per week
Median household income
36 years
Median age
Owners
Most residents
Families
Most households
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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