Name: 17-19 Lathams Road, Carrum Downs, VIC, 3201
Address: 17-19 Lathams Road , VIC, Carrum Downs, VIC, 3201
Telephone: +61 409 335 179

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SOLD

17-19 Lathams Road, Carrum Downs, VIC, 3201

Properties / Sold / Victoria / Carrum Downs

Development Potential

1. Property Summary

Property Type

Industrial

Land Area

1,810 m² (*approx)

Zoning

IN1Z

Industrial 1 Zone

Local Government

Frankston

Selling Method

Expressions of Interest: Closing Tuesday 15th November @ 2pm

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2. Property Highlights

4 Main Road Warehouses, 1 title, 100% leased!

Impressive 43 metre frontage to Lathams Road
$87 per square metre
100% leased with all tenancies and options ending within 6 years giving you control of any future rentals or development plans.

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING TUESDAY 15TH NOVEMBER AT 2PM

Nichols Crowder is excited to offer for sale by Expression of Interest (closing Tuesday 15th November @ 2pm) this unique main road property. Whether you're looking to renovate, sub-divide, land bank or re-develop this flexible offering ticks those box's (STCA).

Comprising of 4 warehouses with a ground floor building area of 1,810 sqm situated on one title with a land area of 3,010sqm.

100% leased with all tenancies and options ending within 6 years giving you control of any future rentals or development plans.

The current rental is only $142,732 per annum which increases to $158,583 from May 2023. Representing just $87 per square metre the rent is less than half of rent's being achieved at the new Carrum Downs Lifestyle Centre opposite this site.

The site has an impressive 43 metre frontage to Lathams Road which is currently undergoing a major upgrade (completion due mid 2023).

To receive a copy of the Information Memorandum or to discuss the offering in more details please contact the listing agents.

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

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