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CVA Property Consultants - Melbourne

7/22-30 Wallace Avenue Point Cook, VIC 3030

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7/22-30 Wallace Avenue,
Point Cook, VIC 3030

Warehouse, Factory & Industrial • Shops & Retail • Showrooms & Large Format Retail

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Map of 7/22-30 Wallace Avenue

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High Growth Location Investment.

POINT OF INTEREST: A fantastic investment opportunity within the tightly held Wyndham Gate Commercial Centre.

- Tenant in occupation since 2012
- Situated in a high population growth area of Melbourne
- Total building area 435m2*
- Ground floor showroom with rear roller door access 
- Completely fitted out mezzanine office area 
- Surrounding local businesses include Simonds Homes, Wyn-City Bowling & Phoenix Hotel
- Tenant:  Bradnam's Windows & Doors Pty Ltd
- Rental: $72,948.96 per annum net plus GST and outgoings
- Commencement: 15th August 2018
- Term: Three (3) Years
- Reviews: Annual CPI
- Option to renew fresh 3 year lease with sitting tenant

POINT OF VIEW: The property boasts convenient access to Palmers Road, Princes Freeway and associated western arterials and is in walking distance to Williams Landing Train Station.

*Approx.
Pricing excludes GST

Point Cook, 3030 demographic data

The median household income for Point Cook is $2,392, 26% higher than Greater Melbourne's household income of $1,901. Point Cook has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 76% of property owners in Point Cook have a mortgage.

66,781
Population
$2,392 per week
Median household income
33 years
Median age
Owners
Most residents
Families
Most households

CVA Property Consultants - Melbourne

18-20 Russell Street
MELBOURNE, VIC 3000
04183431...
CVA Property Consultants - Melbourne
7/22-30 Wallace Avenue
Point Cook, VIC 3030
CVA Property Consultants - Melbourne
18-20 Russell Street
MELBOURNE, VIC 3000

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