5/216 Blackshaws Road,
Altona North, VIC 3025

Warehouse, Factory & Industrial

Key property information

Floor area

Car spaces

Tenure type

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Map of 5/216 Blackshaws Road

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INNER WESTERN INDUSTRIAL INVESTMENT

3 Year Lease with Two 5 Year Options
Modern Concrete Slab Office/Warehouse
Secure Tenant with 3mo Security Deposit

CBRE is delighted to present, Unit 5, 216 Blackshaws Road, Altona North for sale via Expressions of Interest closing Thursday 4th March 2021 at 3 pm (AEDT).

This outstanding building is strategically located in Altona North and within minutes of the West Gate Freeway, providing excellent access to all major road arterials.

The property is surrounded by new residential developments that are commencing soon. Take advantage of the changing local area by purchasing this rare inner western investment.

Lease Details:

+ Tenant: CQ Flooring Pty Ltd
+ Term: Three (3) years
+ Rental: $50,000 per annum
+ Commencement: 1st March 2020
+ Reviews: Fixed annual reviews of 3%
+ Security: Three (3) month security deposit plus directors guarantees

*approx.

Altona North, 3025 demographic data

The median household income for Altona North is $1,695, 11% lower than Greater Melbourne's household income of $1,901. Altona North has a similar age profile compared to the rest of Greater Melbourne (median age 37). Property ownership data shows 45% of property owners in Altona North have a mortgage.

12,962

Population

$1,695 per week

Median household income

37 years

Median age

Owners

Most residents

Families

Most households

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MELBOURNE, VIC 3000