Freehold Industrial In A Tightly Held Precinct | Suitable To Owner Occupiers And Investors

Burgess Rawson is pleased to offer to the market this freehold office/warehouse industrial building at 13 Bastow Place, Mulgrave VIC for sale via Expressions of Interest.

This opportunity has the following key highlights:

+ Prominent 968 sqm* freehold land within tightly held precinct.
+ Gross building area of 677 sqm* including 351 sqm* of high clearance warehouse.
+ Special Use Zone 6 (SUZ6) – Favourable land zoning providing flexibility for future use.
+ Modern office includes open plan areas, boardroom, partitioned offices, kitchen and amenities.
+ 18m* frontage and important 10 car spaces on site plus ample loading/unloading area.
+ 3 Phase power, motorized roller door, alarm system and end of trip facilities.
+ Owner Occupiers: A rare chance to secure a well-presented, well-equipped freehold building in a tightly held precinct.
+ Investors: The property benefits from the record low industrial vacancy rate of 0.6%** with 13.5%y/y^ rental growth providing surety that tenants can be secured quickly and competitively.
+ Established location close to major national brands including Amazon, Pfizer, Mercedes Benz, Audi, BMW, Tesla, Adidas, Toyota and Forty Winks,
+ Strategic position with easy access to major arterials such as Springvale Road, Dandenong Road, Wellington Road, Princes Highway, Eastlink (M3) and Monash Freeway (M1).
+ Available with or without the warehouse pallet racking.
+ To be sold with vacant possession.
+ Potential net rental: $111,705 pa* + GST + Outgoings ($165/m2)

To be sold via Expressions of Interest
Closing Thursday 30th November at 3pm AEDT

To arrange an inspection, or for more information, please contact the selling agents below.

DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au

JUSTIN KRAMERSH
0460 349 605
jkramersh@burgessrawson.com.au

*approx.
**JLL
^Knight Frank