86 Butler Way,
Keilor Park, VIC 3042
Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Property extent
Tenure type
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Sutherland Farrelly - East Melbourne
43 Agnes StreetEAST MELBOURNE, VIC 3002
04183901...
86 Butler Way
Keilor Park, VIC 3042
Map of 86 Butler Way
INDUSTRIAL GOLD - MODERN OFFICE WAREHOUSE IN SOUGHT AFTER POCKET
RECEIVERS' AUCTION
Under instructions from McGrathNicol
The property comprises a modern concrete tile panel, office/warehouse premises, situated within the sought after industrial area Keilor Park.
The premises is ideal for an owner occupier, with the short term Lease expiring in June 2023 with no options. Alternatively, an investor could re-lease the property, with a long leasing lead time, in the current strong industrial leasing market.
The rental from 16 December 2022 is $76,490.85 per annum plus GST plus outgoings with strong reversionary rental upside.
Property attributes include:
• Modern Office Warehouse
• Building 770 sqm, with two storey office 140 sqm and high clearance warehouse of 630 sqm
• Site area of 1,130 sqm with extensive frontage
• Owner occupier opportunity from June 2023
• Short term Lease until June 2023 – no options
• Rental from December 2022 $76,490.85 pa with strong reversionary rental upside
• Sought after location
• Part of the desirable industrial sector
Under instructions from McGrathNicol
The property comprises a modern concrete tile panel, office/warehouse premises, situated within the sought after industrial area Keilor Park.
The premises is ideal for an owner occupier, with the short term Lease expiring in June 2023 with no options. Alternatively, an investor could re-lease the property, with a long leasing lead time, in the current strong industrial leasing market.
The rental from 16 December 2022 is $76,490.85 per annum plus GST plus outgoings with strong reversionary rental upside.
Property attributes include:
• Modern Office Warehouse
• Building 770 sqm, with two storey office 140 sqm and high clearance warehouse of 630 sqm
• Site area of 1,130 sqm with extensive frontage
• Owner occupier opportunity from June 2023
• Short term Lease until June 2023 – no options
• Rental from December 2022 $76,490.85 pa with strong reversionary rental upside
• Sought after location
• Part of the desirable industrial sector
Keilor Park, 3042 demographic data
The median household income for Keilor Park is $1,468, 23% lower than Greater Melbourne's household income of $1,901. Keilor Park has an older age profile compared to the rest of Greater Melbourne (median age 44 vs 37). Property ownership data shows 39% of property owners in Keilor Park have a mortgage.
2,684
Population
$1,468 per week
Median household income
44 years
Median age
Owners
Most residents
Families
Most households
Sutherland Farrelly - East Melbourne43 Agnes Street
EAST MELBOURNE, VIC 3002
EAST MELBOURNE, VIC 3002
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