Nichols Crowder has the pleasure of selling 2 - 10 Allied Drive, Tullamarine for the first time since it was developed in 1989. Buildings for industrial purchasers in Tullamarine remain limited, however properties with rental income and additional land are extremely rare.
The prominent corner location ensures maximum exposure while the two street frontages provide excellent connectivity to the freeway network.
Proximity to the Melbourne Airport business park ensures the location will remain in demand. The potential for last mile logistics in this location is excellent and cannot not be understated.
Sharps Road connects the property with Melrose Drive, Airport Drive and Keilor Park Drive, providing multiple access points to the Tullamarine Freeway, Western Ring Road and Calder Highway.
* Total building area: 1,440sqm* * Total land area: 6,323sqm* * 23% site coverage * Industrial zone 1 * Frontage to Allied Drive: 125m*
2 - 10 Allied Drive, Tullamarine was developed for a single occupier but now operates as two (2) separate tenancies areas:
FRONT TENANCY: SHOWROOM / OFFICE * Christian Outreach Church * Total building area: 807sqm* * Twenty eight (28) car spaces * Annual rental: $74,193.48 p.a. + GST & outgoings * Security deposit: equal to three (3) months' rent + GST * Five (5) year lease commencing 1st March 2022 * Option for one (1) further term of five (5) years * 3% fixed annual increases * Market review at exercise of option for a further term
REAR TENANCY: FACTORY + YARD * Vacant possession * Total building area: 633sqm* * Single roller door * Warehouse clearance at ridge beam: 6.4m* * 40 kilowatt/148 panel roof mounted solar array * Yard storage: 1,607sqm*
For further details or to arrange an inspection please contact:
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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.
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