47-49 Elizabeth Street, Kensington, VIC 3031

Industrial | Hotel/Leisure | Showrooms

Leased

  • Property ID: 443986
  • Floor Area: 465m²
  • Land Area: 402m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 01/07/2024 465m2 402m2 $72,000
A City Fringe Warehouse that Tops the List

POINT OF INTEREST:
Your commute from warehouse to client (or vice versa) has just become a lot less stressful. Less than 10 minutes from the Melbourne CBD and local access to major arterials such as Citylink, means this Street fronted industrial building can give you back more time to focus on what counts most. More than just 4 solid walls, this standalone premises is full of surprises. Behind the container height roller shutter door is a clear-span warehouse that includes evaporative cooling and gas heating allowing your team to work in comfort, all year round. The main entrance is a light-filled area that leads through to partitioned ground floor and 1st floor offices with staff amenities on both levels. And with access to mains gas and high-capacity power supply, this exceptional city fringe building punches well above its weight.

- Total building area 465.5m2
- Includes 352m2* of ground floor area and 113.5m2* of 1st floor office, as well as amenities
- 6 metres of clear-span warehouse height
- High capacity three phase power
- Access to mains Gas supply
- Solar power
- Evaporative cooling with warehouse area

POINT OF VIEW:
A suburb on the raise, Kensington is home to some of the best in the business, with a mixture of established originations such as Seeing Eye Dogs Australia and new emerging ventures like Henry St Brewhouse all calling this this city fringe location home.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediately
  • Condition: Very good condition
  • Air Conditioning: Yes, throughout office and warehouse areas
  • Floors: Concrete, tiles and Carpet throughout
  • Lifts: Nil
  • Height: 6 Metres approximately.
  • Age: Unknown
Outgoings
  • Water Rates: $1,709.44 p.a*
  • Council Rates: $3,570.24 p.a*
Kensington Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $218 ---
Industrial $3634 $172 4.75%
Retail $3634 $273 7.51%
This is the average advertised price, rent and yield for Kensington, VIC 3031*

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

Days on Market data for Industrial in VIC for Lease

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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