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41-49 Cherry Lane, VIC 3026

Name: 41-49 Cherry Lane, VIC 3026
Address: 41-49 Cherry Lane, VIC, Laverton North, VIC, 3026
Telephone: +61 415 803 348

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SOLD

41-49 Cherry Lane, VIC 3026

Properties / Sold / Victoria / Laverton North

Development Potential

1. Property Summary

Property Type

Industrial

Sub Type

Land Site

Land Area

10,050 m² (*approx)

Selling Method

Expressions of Interest: Contact Agent

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2. Property 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

Development Potential