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SOLD

13-17 Burton Court, BAYSWATER, VIC 3153

Properties / Sold / Victoria / Bayswater

Development Potential

1. Property Summary

Property Type

Industrial

Land Area

8,785 m² (*approx)

Selling Method

SOLD:

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2. Property Highlights

Substantial Industrial Facility on Huge 8,785m2 Site!

SOLD!

CVA are pleased to offer 13-17 Burton Court, Bayswater, for Sale by Public Auction on Tuesday 11th December 2018 at 12 noon.

This is an outstanding opportunity for the owner occupier, investor or developer to take advantage of this rare property; offered for sale for the first time in over 35 years.

The subject property comprises a prime industrial 1 zoned site of 8,785m2* over three titles and features two adjacent warehouses totaling 4,060m2* plus generous car parking for over 120 vehicles. This significant site benefits from a frontage of 80m* to Burton Court; providing potential for future industrial/commercial development, place of assembly, sporting / recreation facility plus many more uses.

Southern Warehouse:

- Leased to Skater Girl Pty Ltd
- Current rental: $49,645.63 p.a + GST
- Lease term: 2 years expiring 14th March 2020

Northern Warehouse:

Indoor Soccer Centre with total building area of 2,944m2*

- Leased to Voetbal Pty Ltd
- Current rental $93,595.74 p.a + GST
- Lease term expiring 31st March 2019

Located within 700m* of Mountain High Shopping Centre and the new Bayswater Railway Station; the subject property is situated adjacent to Melbourne-Belgrave Railway Line and 5km* to Eastlink via Mountain Highway- Boronia Road ramp.

For more information, please don't hesitate to contact CVA today!

*Approx (Auction Terms:10% Deposit, Balance 60-180 Days )

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