22 Earl Street, Airport West, VIC 3042

Industrial | Development/Land

Sold

  • Property ID: 426780
  • Floor Area: 360m²
  • Land Area: 693m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 31/07/2023 360m2 693m2 Contact Agent
BUSINESS AT THE FRONT, WAREHOUSE AT THE BACK.

POINT OF INTEREST:
Single-level but double the value you’ll find anywhere else, this industrial investment is made of brick in theory, but pure gold in this market. Number 22 is comprised of two separate buildings connected via a cover-way. The front building includes a small office area and warehousing, with a motorised roller shutter door and staff amenities. The rear building includes a cover-way, and is made up of further warehousing and storage. There’s also parking onsite and a hardstand potentially for equipment, building materials or vehicles, a testament to the generous amount of land on offer here. Connected by structure and by arterials, this property is just 350 sqm* from the Tullamarine Freeway, Western Ring Road, and the Calder Freeway. Both airports are either in view or one suburb over, putting this asset — and your portfolio — at the heart of freight and transport in Melbourne.

- 360 sqm* total building area across both structures.
- 693 sqm* total land area.
- Commercial 2 zoning.
- Onsite carspaces with a hardstand.
- 15 m* frontage to Earl St.
- 7 km* to Melbourne Tullamarine Airport.
- 600 m* to Essendon Fields Airport.
- 200 m* walk to the 59 tram.

POINT OF VIEW:

Single-level warehouses are a hot commodity to purchase. For occupying; there are no stairs getting in the way of your layout. For development; there’s less to demolish or revitalise. Over to you.


*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: On site
  • Condition: Fair
  • Air Conditioning: NA
  • Floors: Concrete
  • Lifts: NA
  • Height: Various
  • Car Parking Fees: NA
Outgoings
  • Water Rates: $985.96 per annum
  • Land Tax: $2,067.31 per annum
  • Council Rates: $2,397.60 per annum
Airport West Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2428 $153 6.32%
Retail $4935 $519 10.52%
Offices $6369 $336 5.28%
This is the average advertised price, rent and yield for Airport West, VIC 3042*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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