Ideal for an Owner Occupier- High Profile Showroom or Warehouse
109 Elgar Road
Derrimut
1645.00m2
Industrial/Warehouse
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 within a tightly held industrial and showroom precinct
• Strategic landholding of 1,970 sqm* with a flexible Industrial 1 Zoning (IN1Z)
• Functional warehouse with ground and mezzanine office with a total building area of 1,645 sqm*
• Short-term holding income returning $176,856 net* per annum, with lease expiring 31st March 2025
• 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
For further information or to organise an inspection, please contact the team at Gross Waddell ICR.
*approx.
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