6 Westall Road,
Springvale, VIC 3171
Warehouse, Factory & Industrial • Development Sites & Land
Price information
Sale - Auction Wed 11 Dec
$1,700,000 - $1,800,000
Key property information
Land area
Floor area
Car spaces
Tenure type
Auction
Private inspections
to arrange a private inspection.
Jones Real Estate - Australia
Level 8, 1 Elizabeth StreetMELBOURNE, VIC 3000
6 Westall Road
Springvale, VIC 3171
Map of 6 Westall Road
Train stations within 5 km of 6 Westall Road, Springvale, VIC 3171 Distance Westall Station 676 m Springvale Station 2.1 km Clayton Station 2.1 km Sandown Park Station 3.3 km Huntingdale Station 4.2 km POWERED BY HERE ©Bus stops within 5 km of 6 Westall Road, Springvale, VIC 3171 Distance Centre Rd/First St (Clayton South) 661 m First StTippet St 688 m Centre Rd/Second St (Clayton South) 731 m Kalimna Ave/Princes Hwy (Mulgrave) 801 m Garden RdPrinces Hwy 811 m POWERED BY HERE ©
POWERED BY HERE ©
INFILL INDUSTRIAL LAND BANK UNDERWRITTEN BY SECURE 4 YEAR LEASE TO AN ASX LISTED PUBLIC COMPANY
- ASX LISTED TENANT
- NET INCOME $99,931.21++
- PRIME INFILL LANDHOLDING
Jones Real Estate is privileged to present 6 Westall Road, Springvale, to the market, For Sale via Public On-Site Auction on Wednesday 11 December 2024 at 12:30pm.
6 Westall Road, Springvale is a prime industrial zoned land bank, securely leased to 'Australian Laboratory Services Pty Ltd' a subsidiary of ASX listed 'ALS Limited' on a brand-new term.
The property is located in Melbourne's revered inner southeastern industrial and logistics precinct, featuring immediate access to Westall Road, Moorabbin Bypass, Princes Hwy and within a short proximity of the M1/Eastlink (M3).
Key features of this incredible investment include:
- Securely leased to ASX listed 'ALS listed' returning $99,931.21 per annum plus GST & Outgoings.
- Brand new 4-year lease expiring 30 June 2028 with no further options.
- The tenant is responsible for 100% of building outgoings including Land Tax.
- Industrial 1 Zoned (IN1Z) landholding of 1,212sqm* with over 20m* of direct frontage to Westall Road.
- Immediate access to logistics routes, presenting as the perfect infill land bank prime for future development (subject to planning approval).
*Approx.
For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
6 Westall Road, Springvale is a prime industrial zoned land bank, securely leased to 'Australian Laboratory Services Pty Ltd' a subsidiary of ASX listed 'ALS Limited' on a brand-new term.
The property is located in Melbourne's revered inner southeastern industrial and logistics precinct, featuring immediate access to Westall Road, Moorabbin Bypass, Princes Hwy and within a short proximity of the M1/Eastlink (M3).
Key features of this incredible investment include:
- Securely leased to ASX listed 'ALS listed' returning $99,931.21 per annum plus GST & Outgoings.
- Brand new 4-year lease expiring 30 June 2028 with no further options.
- The tenant is responsible for 100% of building outgoings including Land Tax.
- Industrial 1 Zoned (IN1Z) landholding of 1,212sqm* with over 20m* of direct frontage to Westall Road.
- Immediate access to logistics routes, presenting as the perfect infill land bank prime for future development (subject to planning approval).
*Approx.
For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
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Property ID: 504734680Last Updated: 13 Nov 2024
Jones Real Estate - AustraliaLevel 8, 1 Elizabeth Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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