High Spec High Tech
120 Merrindale Drive, Kilsyth VIC 3137
Contact Agent
IndustrialSize: n/a
Block size: 10000 m² approx.
JLL is pleased to exclusively offer for sale 120 Merrindale Drive, Kilsyth.
This exceptional climate controlled warehouse is currently occupied by Mondelez International until 31st July 2024. The property is suited to either the astute investor looking to capitalise on the significant rental growth and tail winds in the industrial market or owner occupiers looking to place their business in one of the Eastern markets most desirable and tightly held locations.
Prominently located in the heart of Croydon's industrial precinct, situated just 33km* from the CBD and in proximity to major arterial roads: Dorset Road, Mountain Highway and Eastlink (M3).
The property has significant valuable fit out included with a temperature-controlled warehouse and production area as well as significant power (700amps*) that will make it highly desirable to take advantage of the significant rental uplift. Current vacancy of 4,000sqm+ buildings in Melbourne's South East + East sit at 0.87% ensuring a plethora of potential tenants that will be attracted to this building in what is increasingly becoming a high-tech precinct with numerous medical, food production and engineering occupiers.
Property Highlights:
+ Single storey office area with quality partitioning: 830sqm*
+ High-clearance clear span warehousing area: 3,480 sqm*
+ Total building area: 4,310sqm*
+ Value add opportunity with potential expansion land area of 450sqm (STCA)
+ Significant climate controlled warehouse fit out suitable for production
+ Large power available approx. 700 amps
+ Single recessed loading dock & on-grade roller shutter door
+ Large concrete hardstand apron for excellent truck access and container movements.
+ Abundance of on-site carparking with 76 dedicated spaces
Investment Highlights:
+ Short term income underpinned by Fortune 500 company Mondelez International
+ Ability to add value, reposition STCA^
+ Lease expiring July 2024
+ Low supply and record absorption with 0.87% vacancy for 4,000sqm + buildings in Melbourne's South Eastern + Eastern markets
Contact the exclusive selling agents at JLL for further information including IM, Contract of sale & section 32 and building plans.
^Subject to council approval.
*(denotes approx.)
This exceptional climate controlled warehouse is currently occupied by Mondelez International until 31st July 2024. The property is suited to either the astute investor looking to capitalise on the significant rental growth and tail winds in the industrial market or owner occupiers looking to place their business in one of the Eastern markets most desirable and tightly held locations.
Prominently located in the heart of Croydon's industrial precinct, situated just 33km* from the CBD and in proximity to major arterial roads: Dorset Road, Mountain Highway and Eastlink (M3).
The property has significant valuable fit out included with a temperature-controlled warehouse and production area as well as significant power (700amps*) that will make it highly desirable to take advantage of the significant rental uplift. Current vacancy of 4,000sqm+ buildings in Melbourne's South East + East sit at 0.87% ensuring a plethora of potential tenants that will be attracted to this building in what is increasingly becoming a high-tech precinct with numerous medical, food production and engineering occupiers.
Property Highlights:
+ Single storey office area with quality partitioning: 830sqm*
+ High-clearance clear span warehousing area: 3,480 sqm*
+ Total building area: 4,310sqm*
+ Value add opportunity with potential expansion land area of 450sqm (STCA)
+ Significant climate controlled warehouse fit out suitable for production
+ Large power available approx. 700 amps
+ Single recessed loading dock & on-grade roller shutter door
+ Large concrete hardstand apron for excellent truck access and container movements.
+ Abundance of on-site carparking with 76 dedicated spaces
Investment Highlights:
+ Short term income underpinned by Fortune 500 company Mondelez International
+ Ability to add value, reposition STCA^
+ Lease expiring July 2024
+ Low supply and record absorption with 0.87% vacancy for 4,000sqm + buildings in Melbourne's South Eastern + Eastern markets
Contact the exclusive selling agents at JLL for further information including IM, Contract of sale & section 32 and building plans.
^Subject to council approval.
*(denotes approx.)
Inspections
No open inspections scheduled.
Send an enquiry
Contact the agent to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Industrial
Block Size:
10000 m²*
Other Details
Lot:
28
Plan:
PS437725
Legal description:
28\PS437725
Maps and area information
Block information
Block size: 10000m² (approx)
Legal description: 28\PS437725
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
We couldn't find any history for this property.
See Kilsyth's suburb profile
Kilsyth suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
39 years
Population
11,699
Listing ID: 182328257. This listing has been viewed 0 times. It was first displayed on 26/02/2024 and last updated on 26/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.