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1 & 2, 23 Pipe Road Laverton North, VIC 3026

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1 & 2, 23 Pipe Road,
Laverton North, VIC 3026

Warehouse, Factory & Industrial

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Map of 1 & 2, 23 Pipe Road

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TENANTED INVESTMENT IN RARE INDUSTRIAL 2 ZONE

  • Returning $64,928 pa + GST & Outgoings
  • 5 Year Lease Term from Mar 2016
  • 5+5+5 Year Options
CBRE is pleased to present, Warehouses 1 & 2/23 Pipe Road, Laverton North for private sale as a long term tenanted investment, for sale.

The property comprises cool rooms, drainage and other specialised features and has been leased to a long term tenant.

The Industrial 2 Zoned area in Melbourne's west is one of only two pockets in Melbourne where certain businesses can operate. There is no further land to be re-zoned Industrial 2 which will ensure continuous demand for occupiers in this area.

An immediate, secure income and long term land baking are two of many upsides of this property.

Investment details:
+ Lessee: Fresh Halal Poultry Pty Ltd
+ Lease commencement: March 2016
+ Lease term: 5 years
+ Further options: 5+5+5 years
+ Rental return: $64,928 pa + GST & outgoings
+ Annual rent reviews
+ Total building area: 648sqm*
+ Total land area: 1,000sqm*
+ Industrial 2 Zone
+ All outgoings payable by the tenant

For further information or to arrange an on-site inspection, please contact the CBRE team.

*approximate

Property ID: 503194222Last Updated: 11 Apr 2023

0410 681 4...
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1 & 2, 23 Pipe Road
Laverton North, VIC 3026
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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