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41-49 Cherry Lane, VIC 3026

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41-49 Cherry Lane, VIC 3026

Laverton North

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41-49 Cherry Lane, VIC 3026
Property Type
Industrial
Sub Type
Land Site
Land Area
10,050 m² (*approx)
Selling Method
Expressions of Interest: Contact Agent
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LAND RICH INDUSTRIAL OFFERING WITH AAA TENANT

Teska Carson is thrilled to present 41-49 Cherry Lane, Laverton North for sale, providing outstanding opportunity for investors, developers and owner occupiers seeking to capitalise on the hottest segment of commercial real estate in Australia. 

For Sale via Expressions of Interest closing Thursday 7 September 2023 at 3pm.

Key investment considerations include:

- 10,050 square metres of land 

- 6,326 square metres of building

- Current Income: $436,152 pa plus GST

- Lease expires October 2025 with one 3 year option, providing significant reversionary rental potential at market review whilst allowing value add buyers to further improve the building or owner occupation in under 5 years 

- Quality national tenant: CSF Proteins

- Located in the heart of Laverton North, one of the most popular industrial precincts in Australia, due to immediate proximity to major arterials, other major industrial facilities and transport hubs

Please do not hesitate to contact the listing agents for further information or to arrange an inspection.

Remember to mention you found this property on DevelopmentReady

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Development Potential

41-49 Cherry Lane Development Site Summary

Property Type
Industrial
Sub-type
Land Site
Land Area
10,050 m² (*approx)
Selling method
Expressions of Interest: Contact Agent

Development Site Highlights

LAND RICH INDUSTRIAL OFFERING WITH AAA TENANT

Teska Carson is thrilled to present 41-49 Cherry Lane, Laverton North for sale, providing outstanding opportunity for investors, developers and owner occupiers seeking to capitalise on the hottest segment of commercial real estate in Australia. 

For Sale via Expressions of Interest closing Thursday 7 September 2023 at 3pm.

Key investment considerations include:

- 10,050 square metres of land 

- 6,326 square metres of building

- Current Income: $436,152 pa plus GST

- Lease expires October 2025 with one 3 year option, providing significant reversionary rental potential at market review whilst allowing value add buyers to further improve the building or owner occupation in under 5 years 

- Quality national tenant: CSF Proteins

- Located in the heart of Laverton North, one of the most popular industrial precincts in Australia, due to immediate proximity to major arterials, other major industrial facilities and transport hubs

Please do not hesitate to contact the listing agents for further information or to arrange an inspection.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

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41-49 Cherry Lane, VIC 3026

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Property Location of 41-49 Cherry Lane, VIC 3026

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Report Contains

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