18A Westside Drive, Laverton North, VIC 3026

Industrial

Sold

  • Property ID: 437177
  • Floor Area: 950m²
  • Land Area: 1809m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 06/12/2023 950m2 1809m2 Contact Agent
EXTRA LARGE WAREHOUSING WITH A SIDE OF FOOD PRODUCTION.

POINT OF INTEREST:

A freehold title that offers both industrial-grade food production and beyond-the-standard warehousing, this is a Laverton North rarity almost deemed extinct. For those who can handle the heat, the kitchen portion of the package has multiple coolrooms and an industrial and commercial exhaust hood, but the 950 sqm* facility could just as easily be served as a versatile warehouse, with many roller doors, substantial power upgrades, a front hardstand and a dual-level office included. The commute couldn’t be more straightforward thanks to the Western Ring Road, Princes Highway, and West Gate Freeway access here, and the 24 on-site car spaces make the arrival as smooth as the journey.

- 1,809 sqm* total land area
- 950 sqm* total building area
- Industrial 2 zoning
- 24+ allocated onsite car spaces
- Dual-level office with staff amenities including change rooms
- Multiple cool rooms & commercial exhaust hood
- Substantial front hardstand area
- 700 m* to the West Gate Freeway
- Subject to short term lease until June 2024

POINT OF VIEW:

This facility has mastered offering what the majority are after (warehousing) on top of what a minority is searching for (food production). In other words, investing in 18A is having your cake and eating it too.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Subject to a lease
  • Lease Term: 12 months with two Further Terms of 3 months each
  • Rent Review: Nil
  • Car Spaces: 35+
  • Condition: Excellent
Outgoings
  • Water Rates: $2,000 pa*
  • Council Rates: $8,261 pa*
Laverton North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $349 ---
Industrial $4643 $214 4.61%
Offices $4739 $268 5.65%
This is the average advertised price, rent and yield for Laverton North, VIC 3026*

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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