30-38 McArthurs Rd, Altona North, VIC 3025

Industrial | Development/Land | Other

Sold $2,100,000

  • Property ID: 442975
  • Floor Area: 9397m²
  • Land Area: 20303m²
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 23/08/2024 9397m2 20303m2 $19,000,000
Substantial Manufacturing & Warehousing Complex 9,397m2 + 8,000m2 hard stand

Substantial older style industrial complex - formally automotive plastics manufacturing
Modern clear span warehouses + smaller separate areas with 300m2 corp office complex
Ideal for refurbishment or redevelopment to industrial business park
Land area 20,303m2
Improvements 9,397m2
Full sprinkler system
Air conditioning to most warehouses
Significant power & gas supply
Public transport via bus stop out front
On site car parking for 160+ cars
Only 15 minutes from the Melbourne Port

Areas Include:
Factory 1 2,284m2 Substantial tilt panel modern warehouses + offices
Factory 2 1,095m2 Lower clearance store 1095m2
Factory 3 1,973m2 including offices and warehouse
Factory 4 1,088m2 lower clearance warehouse
Factory 5 1,441m2
Factory 6 781m2
Offices 7 400m2
Plant Room 335m2
Hard stand concrete area of 8,000m2
Access for semi & B double via Barnes Road
Areas available for lease from May 1st 2024

Altona North Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2771 $173 6.24%
Retail $3400 $216 6.36%
Industrial $3499 $173 4.95%
This is the average advertised price, rent and yield for Altona North, VIC 3025*
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.
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  Bosisto Commercial Real Estate

 

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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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