415-417 Old Geelong Road,
Hoppers Crossing, VIC 3029
Warehouse, Factory & Industrial
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Map of 415-417 Old Geelong Road
Train stations within 5 km of 415-417 Old Geelong Road, Hoppers Crossing, VIC 3029 Distance Williams Landing Station 1.5 km Aircraft Station 2.8 km Hoppers Crossing Station 2.9 km Laverton Station 3.8 km POWERED BY HERE ©Bus stops within 5 km of 415-417 Old Geelong Road, Hoppers Crossing, VIC 3029 Distance Graham Ct/Old Geelong Rd (Hoppers Crossing) 288 m Dunlop Rd/Old Geelong Rd (Hoppers Crossing) 388 m Forsyth RdAshcroft Ave 627 m Federation BVD/Forsyth Rd (Truganina) 947 m Costa Dr/Old Geelong Rd (Hoppers Crossing) 1.2 km POWERED BY HERE ©
POWERED BY HERE ©
High Profile, Value Add Investment with Secure Fundamentals
- High profile location
- Passing Rent: $203K + GST & Outgoings
- Value add opportunities
CBRE is pleased to present for sale, 415-417 Old Geelong Road, Hoppers Crossing via private treaty.
This high exposure sites lies along the prominent thoroughfare Old Geelong Road with high volumes of passing traffic in a thriving commercial precinct.
Providing immediate access to the Princes Freeway via Forsyth Road, this property is extremely well located only 17km* to the Port of Melbourne, 21km* to Melbourne CBD and 23km* to Melbourne International Airport.
The property is fully leased to long term tenants at a strong market rent. The surplus land between the tenancies allows the opportunity to further develop the site (STCA) or lease as is to generate additional income on the asset.
Key Investment Features
+ Unit 1: 480sqm – Leased to Economy Glass
+ Unit 2: 713sqm – Leased to Fresh2Chef
+ Total Building Area: 1,193sqm
+ Site Area: 3,623sqm
+ Combined Passing Rental Income: $203,238.17 + GST & Outgoings
+ Upcoming market rent review with ability for rent reversion
+ Industrial 1 Zoning
+ Secure tenants with multiple further terms
+ Overhead gantry crane to Unit 1
+ Extensive solar investment and cool rooms to Unit 2
For further information or to arrange an inspection, please contact the listed CBRE agents.
*Approx.
This high exposure sites lies along the prominent thoroughfare Old Geelong Road with high volumes of passing traffic in a thriving commercial precinct.
Providing immediate access to the Princes Freeway via Forsyth Road, this property is extremely well located only 17km* to the Port of Melbourne, 21km* to Melbourne CBD and 23km* to Melbourne International Airport.
The property is fully leased to long term tenants at a strong market rent. The surplus land between the tenancies allows the opportunity to further develop the site (STCA) or lease as is to generate additional income on the asset.
Key Investment Features
+ Unit 1: 480sqm – Leased to Economy Glass
+ Unit 2: 713sqm – Leased to Fresh2Chef
+ Total Building Area: 1,193sqm
+ Site Area: 3,623sqm
+ Combined Passing Rental Income: $203,238.17 + GST & Outgoings
+ Upcoming market rent review with ability for rent reversion
+ Industrial 1 Zoning
+ Secure tenants with multiple further terms
+ Overhead gantry crane to Unit 1
+ Extensive solar investment and cool rooms to Unit 2
For further information or to arrange an inspection, please contact the listed CBRE agents.
*Approx.
Property ID: 504651980Last Updated: 31 Jul 2024
415-417 Old Geelong Road
Hoppers Crossing, VIC 3029
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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