Share this property

realcommercial.com.au
Colliers - Essendon Fields

2-20 Radford Road Reservoir, VIC 3073

Directions

2-20 Radford Road,
Reservoir, VIC 3073

Warehouse, Factory & Industrial

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Sold on

Colliers - Essendon Fields
Corey Vraca
Mitch Purcell
Nick O'Brien

Colliers - Essendon Fields

Suite 1, 6 English Street
ESSENDON FIELDS, VIC 3041
Colliers - Essendon Fields
2-20 Radford Road
Reservoir, VIC 3073

Map of 2-20 Radford Road

Directions

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.






Property ID: 504191371Last Updated: 27 Jan 2023

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Colliers - Essendon Fields

Other properties you might be interested in based on the location and property type you are looking at.