2-20 Radford Road,
Reservoir, VIC 3073
Warehouse, Factory & Industrial
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Colliers - Essendon Fields
Suite 1, 6 English StreetESSENDON FIELDS, VIC 3041
2-20 Radford Road
Reservoir, VIC 3073
Map of 2-20 Radford Road
Value-Add Investor or Owner Occupier Opportunity
- Highly functional existing improvements
- Tightly held and established location
- Multiple value-add strategies
Colliers on behalf of Tupperware are pleased to offer for sale 2-20 Radford Road, Reservoir – an infill acquisition opportunity positioned within one of the most tightly held inner-northern markets.
Underpinned by exceptionally low vacancy levels and insatiable tenant demand, the offering generates the following investment features;
• Freehold land holding of 7,968m2 boasting 145 metres of frontage to Radford Road
• Functional and versatile improvements of 6,300m2 that are serviced by existing overhead cranes and a significant power capacity
• Offered with short-term holding income whilst the tenant removes their fixtures, 2-20 Radford Rd provides a unique opportunity for owner-occupiers, investors and developers alike
• Commencing leaseback net income of $450,000 per annum
• Reservoir is in direct proximity to one of the state’s most rapidly expanding residential catchments
• Hyper-connected and established northern industrial pocket, benefitting from unparalleled access to key arterial linkages, exposure to a vast residential catchment and connectivity to surrounding commercial precincts
2-20 Radford Road, Reservoir is offered for sale via Expressions of Interest campaign closing 12.00pm (AEDT) Friday, 25 November 2022.
All figures are approximate.
Underpinned by exceptionally low vacancy levels and insatiable tenant demand, the offering generates the following investment features;
• Freehold land holding of 7,968m2 boasting 145 metres of frontage to Radford Road
• Functional and versatile improvements of 6,300m2 that are serviced by existing overhead cranes and a significant power capacity
• Offered with short-term holding income whilst the tenant removes their fixtures, 2-20 Radford Rd provides a unique opportunity for owner-occupiers, investors and developers alike
• Commencing leaseback net income of $450,000 per annum
• Reservoir is in direct proximity to one of the state’s most rapidly expanding residential catchments
• Hyper-connected and established northern industrial pocket, benefitting from unparalleled access to key arterial linkages, exposure to a vast residential catchment and connectivity to surrounding commercial precincts
2-20 Radford Road, Reservoir is offered for sale via Expressions of Interest campaign closing 12.00pm (AEDT) Friday, 25 November 2022.
All figures are approximate.
Property ID: 504191371Last Updated: 27 Jan 2023
Colliers - Essendon FieldsSuite 1, 6 English Street
ESSENDON FIELDS, VIC 3041
ESSENDON FIELDS, VIC 3041
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