GrayJohnson is pleased to bring to auction this smart office/warehouse in a key northern industrial precinct. The property offers immediate investment returns, but with the existing lease expiring in mid-2025 it also offers an opportunity for a new owner-occupier to take over in the medium term. A wide selection of uses is available as a result of the flexible (Industrial 1) zoning.
Key features:
• Prime Industrial freehold warehouse plus office
• Building area 243sqm*, land area 467sqm*
• Expansive 12m* frontage
• Self-contained with kitchenette and facilities
• Roller shutter door access plus separate office entry
• Gated and security fenced with hard stand area plus parking
• Easy access to Metropolitan Ring road (M80) and Hume Freeway
The Location:
The Thomastown Industrial area is located around 30 minutes north of the Melbourne CBD and is a leading employment hub in the City of Whittlesea. It has a mix of general manufacturing, light industry, warehousing, storage, and modern industrial estates as well as retail and service-based employment activities.
The subject property is just to the south of Settlement Road where traditional industrial uses including metal fabrication, food manufacturing and wholesale trade predominate, with more commercial activities such as retail trade supplies located along Settlement Road. It is close to the Thomastown bulky goods precinct with major big box businesses including Bunnings, Fantastic Furniture, Forty Winks, Tradelink, Supercheap Auto, Petbarn, Repco, Good Guys, Harvey Norman, Total Tools, Reece and Ultra Tune.
Auction Wednesday 13 November @ 12 noon.
For more details contact Rory White 0439 655 504.
*Approx.
