259 Hyde Street,
Yarraville, VIC 3013
Warehouse, Factory & Industrial
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Fitzroys - Melbourne
Level 27, 360 Collins StreetMELBOURNE, VIC 3000
259 Hyde Street
Yarraville, VIC 3013
Map of 259 Hyde Street
Robust & Rare Yarraville Investment
- Prominent Corner Position
- Dynamic City Fringe Location
- Strong Lease Covenant
OPEN FOR INSPECTION WEDNESDAY, 16 NOVEMBER FROM 12:00 -12:45PM.
Fitzroys is pleased to offer for sale by Public Auction on Wednesday 23rd November at 12PM on site this robust investment opportunity within Melbourne’s surging inner west.
Key investment highlights:
- Highly functional building of 512sqm* encompassing a clearspan warehouse with two container height roller door access, corporate office and breakaway area
- Commanding corner exposure with combined frontage of 51 metres* to Hyde and Taylor Streets
- 6 on-site car parking spaces
- Leased to Campos Coffee, winner of Champion Australian Roaster 2021 & 2022, also subsidiary of listed global coffee giant JDE Peet's
- Currently returning $82,400 p.a. plus Outgoings and GST
- Lease term: 5+5+5 years from 1 July 2021
- Fixed annual rent reviews
- Zoned Industrial 3 (IN3Z)
- Only 6km* west of Melbourne CBD and 3km* from the Port of Melbourne
- Benefitting from immediate proximity to $6.7b* West Gate Tunnel project nearing completion allowing access to the West Gate Freeway from Hyde Street via two new ramps
- Highly sought-after investment providing strong prospects for future capital appreciation and rental growth
AUCTION ON WEDNESDAY 23RD NOVEMBER 12PM ON SITE
*approx.
Transaction Manager - O & Co
Fitzroys is pleased to offer for sale by Public Auction on Wednesday 23rd November at 12PM on site this robust investment opportunity within Melbourne’s surging inner west.
Key investment highlights:
- Highly functional building of 512sqm* encompassing a clearspan warehouse with two container height roller door access, corporate office and breakaway area
- Commanding corner exposure with combined frontage of 51 metres* to Hyde and Taylor Streets
- 6 on-site car parking spaces
- Leased to Campos Coffee, winner of Champion Australian Roaster 2021 & 2022, also subsidiary of listed global coffee giant JDE Peet's
- Currently returning $82,400 p.a. plus Outgoings and GST
- Lease term: 5+5+5 years from 1 July 2021
- Fixed annual rent reviews
- Zoned Industrial 3 (IN3Z)
- Only 6km* west of Melbourne CBD and 3km* from the Port of Melbourne
- Benefitting from immediate proximity to $6.7b* West Gate Tunnel project nearing completion allowing access to the West Gate Freeway from Hyde Street via two new ramps
- Highly sought-after investment providing strong prospects for future capital appreciation and rental growth
AUCTION ON WEDNESDAY 23RD NOVEMBER 12PM ON SITE
*approx.
Transaction Manager - O & Co
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Property ID: 504191375Last Updated: 27 Jan 2023
Fitzroys - MelbourneLevel 27, 360 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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