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Jones Real Estate - Australia

6 Westall Road Springvale, VIC 3171

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6 Westall Road,
Springvale, VIC 3171

Warehouse, Factory & Industrial • Development Sites & Land
Added 2 days ago

Price information

Sale - Auction Wed 11 Dec

$1,700,000 - $1,800,000

Key property information

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Auction

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Jones Real Estate - Australia
Dan Hannebery
Paul Jones

Jones Real Estate - Australia

Level 8, 1 Elizabeth Street
MELBOURNE, VIC 3000
Jones Real Estate - Australia
6 Westall Road
Springvale, VIC 3171

Map of 6 Westall Road

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  • Train stations within 5 km of 6 Westall Road, Springvale, VIC 3171Distance
    Westall Station676 m
    Springvale Station2.1 km
    Clayton Station2.1 km
    Sandown Park Station3.3 km
    Huntingdale Station4.2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 6 Westall Road, Springvale, VIC 3171Distance
    Centre Rd/First St (Clayton South)661 m
    First StTippet St688 m
    Centre Rd/Second St (Clayton South)731 m
    Kalimna Ave/Princes Hwy (Mulgrave)801 m
    Garden RdPrinces Hwy811 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.

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Property ID: 504734680Last Updated: 13 Nov 2024

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