Gross Waddell ICR is pleased to offer for sale 109 Elgar Road, Derrimut, positioned in one of Melbourne's most sought-after industrial zones renowned for its strategic location and excellent connectivity. Boasting short-term holding income to March 2025, the property provides unparalleled potential for an owner occupier or savvy investor to lease out post lease expiration.

• High profile warehouse/ food manufacturing facility within a tightly held industrial and showroom precinct

• Strategic landholding of 1,970 sqm* with a flexible Industrial 1 Zoning (IN1Z)

• Catering for a high clearance warehouse/ food manufacturing facility with total building area of 1,645 sqm*

• The facility is purpose-built for food processing and manufacturing featuring a well-designed layout optimized for efficient workflow

• Short-term holding income to a quality tenant, La Tortilleria, returning $176,856 net* per annum

• Existing lease expiry on 31st March 2025 and no further options

• Ideal connectivity with easy access to Western Freeway, Ring Road and Princes Freeway

• Meters to an abundance of retail and lifestyle amenity including Derrimut Village Shopping Centre and Deer Park train station

The property if for sale via Expressions of Interest closing at 3:00 pm on Wednesday the 13th of November 2024. For further information or to organise an inspection, please contact the team at Gross Waddell ICR.

*approx.

 For further information, or an inspection of the premises, please contact an agent.