25 Hewitt Way, Tullamarine, VIC 3043

Development/Land

For Sale

  • Property ID: 450538
  • Floor Area: 424m²
  • Land Area: 4639m²
  • Occupancy: Tenanted
High Exposure Tenanted Investment with Development Potential

AND Property is excited to exclusively offer 25 Hewitt Way, Tullamarine for Sale.

25 Hewitt Way, Tullamarine, presents an exceptional opportunity to secure a strategically positioned industrial facility within one of Melbourne’s premier logistics and warehousing precincts. Situated on a substantial 4,639m² site, this property combines well-designed warehouse space with ample hardstand and office amenities, catering to a variety of industrial and commercial occupiers.

Positioned just minutes from Melbourne Airport and major transport routes such as the Tullamarine Freeway and M80 Ring Road, 25 Hewitt Way offers outstanding connectivity for both metropolitan and interstate logistics.

25 Hewitt Way is an excellent investment for buyers looking for a well-placed property that generates steady income and offers long-term growth potential.

AND The Property Details:

& Total site area: 4,639 m²*
& Hardstand area: 2,065 m²*
& Warehouse area: 360 m²*
& Office/amenity area: 64 m²*
& Canopy: 164 m²*
& 2 x Roller Shutter Doors
& Commercial 2 Zoning
& 17 x Designated car parks
& 54 meters of frontage to the M2 Freeway (Tullamarine Freeway)
& 210,000 cars passing daily
& 9% Site coverage
& Development potential, previously approved plans for 18 warehouse units


AND the Investment Summary:

& Tenant: Around Australia Motorhomes Pty Ltd
& Commencing Rental: $300,000 p.a. + GST & outgoings
& Term: Five (5) years
& Commencement: 01/02/2023
& Review: Annual CPI Reviews
& Market Review: At option
& Further Terms: One (1) further term of five (5) years

AND the Location Details:

& Distance to Melbourne Airport: 1.5 km
& Distance to CBD: 16 km
& Distance to Port of Melbourne: 15 km

For more information or to arrange an inspection, please contact one of the exclusively appointed agents.

Approx*

Additional Information
Features
  • Availability: Subject to a lease
  • Lease Term: 5 years
  • Rent Review: CPI
Tullamarine Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $2700 $83 3.09%
Offices $3388 $235 6.94%
Industrial $2674 $140 5.24%
This is the average advertised price, rent and yield for Tullamarine, VIC 3043*
* 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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