7 Walton Street, Airport West, VIC 3042

Industrial | Development/Land

Sold

  • Property ID: 436968
  • Floor Area: 535m²
  • Land Area: 651m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 30/12/2023 535m2 651m2 Contact Agent
TAKE A CORNER PIECE OF INDUSTRIAL SIGNIFICANCE.

POINT OF INTEREST:

The best on the block with a (double) side of corner positioning, this Airport West production facility has exposure served on a silver platter. The current 535 sqm* building has historically been fit for food production with the bones of the layout, food handling areas, and even a cool room and freezer available to offer a similar future. However, the 651 sqm* of land here holds unbridled value in its potential — making this asset the ideal investment for a buyer who can develop, or renovate, an industrial build to match the magnitude of the location. And speaking of, you’re positioned just metres from the Tullamarine Freeway, Western Ring Road, and the Calder Freeway — whilst also being within walking distance to Westfield Airport West. The 59 tram stop is a 3-minute walk from the site, and the Tullamarine Airport — and the access to imports and exports — is only 6 km* away.

- 651 sqm* in total land area.
- 535 sqm* in total building area.
- Commercial 1 zoning.
- Corner block position with two street frontages,
- 3-4 car spaces allocated at the front of the building.
- 2 km* to the Calder Freeway.
- 1 km* to Western Ring Road.

POINT OF VIEW:

A commercial unicorn: A freehold, single-storey, double-street-frontage corner block sitting next to major arterials. Those in the know have already inquired, and those who are just getting acquainted — chop chop.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: 3-4 car spaces
  • Condition: Fair
  • Air Conditioning: No
  • Floors: Concrete
  • Height: 4-5 metres
  • Age: 40 years plus
Outgoings
  • Water Rates: TBA
  • Land Tax: TBA
  • Council Rates: TBA
Airport West Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2428 $153 6.32%
Offices $6369 $336 5.28%
Retail $4935 $519 10.52%
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:

  • 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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