EXCEPTIONAL INVESTMENT WITH HIGH UNDERLYING LAND VALE

414-416 Somerville Road, Tottenham, Victoria 3012

Industrial For Sale

Expressions of Interest. EOI Date 20 Sep 2018
Land Area: 70,370.00 m2.    Floor Area: 24,343.00 m2.    

Description

Cushman & Wakefield and Colliers International are proud to exclusively offer for sale 414 & 416 Somerville Road, Tottenham.

Key Property Highlights:

- Substantial GLA of 24,343 sqm* set upon an expansive 7.37 ha* site

- Extensive WALE of 3.18* years (as at August 2018), with strong annual rental reviews

- Estimated fully leased income of $1,478,924* per annum

- Located 15 minutes from the Port of Melbourne

The properties provide an outstanding opportunity to acquire an exceptional industrial facility in the inner western industrial precinct of

Melbourne.

Tottenham is one of Melbourne’s most tightly held industrial locations, offering excellent connectivity and close proximity to Melbourne CBD and Port of Melbourne.

The property is offered exclusively for sale via an Expressions of Interest sale campaign, closing Thursday 20 September 2018 at 3pm (AEST).

*Approximately.

Features

  • Significant land holding
  • Highly attractive WALE of 3.18* years
  • Estimated income of $1,478,924*

Specifications

Council City of Maribyrnong
Zoning Industrial 1 (IN1Z)

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