Sold
Tullamarine Industrial - Land + Income
2-10 Allied Drive, Tullamarine VIC 3043
Last Asking Price - $5,000,000
IndustrialSize: n/a
Block size: 6323 m² approx.
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.
PROPERTY FEATURES:
* 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:
Adrian Garvey 0419 549 951
OPEN FOR INSPECTIONS:
Tuesday 17th May: 12:00pm - 12:45pm
Thursday 19th May: 12:00pm - 12:45pm
Tuesday 24th May: 12:00pm - 12:45pm
Thursday 26th May: 12:00pm - 12:45pm
Tuesday 31st May: 12:00pm - 12:45pm
Thursday 2nd June: 12:00pm - 12:45pm
Tuesday 7th June: 12:00pm - 12:45pm
Thursday 9th June: 11:00am - 12:00pm
PLEASE NOTE:
* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited
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.
PROPERTY FEATURES:
* 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:
Adrian Garvey 0419 549 951
OPEN FOR INSPECTIONS:
Tuesday 17th May: 12:00pm - 12:45pm
Thursday 19th May: 12:00pm - 12:45pm
Tuesday 24th May: 12:00pm - 12:45pm
Thursday 26th May: 12:00pm - 12:45pm
Tuesday 31st May: 12:00pm - 12:45pm
Thursday 2nd June: 12:00pm - 12:45pm
Tuesday 7th June: 12:00pm - 12:45pm
Thursday 9th June: 11:00am - 12:00pm
PLEASE NOTE:
* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited
Inspections
No open inspections scheduled.
Send an enquiry
Contact Adrian Garvey to learn more about this property, request an inspection or take an online tour.
Key details
Property Type:Industrial
Lot:RES2
Plan:LP213466
Block Size:6323 m²*
*These are approximate values based on available information.
Maps and area information
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Block information
Block size: 6323m² (approx)
Legal description: RES2\LP213466
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2022.
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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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Property history
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10 Jun 2022
Sold
Nichols Crowder Property Moorabbin
Listed: 16/05/2022
Block size: 6323m²
Transfer type: Full transfer
Suburb and property insights
Average Age
40 years
Population
6,605
Tullamarine's Property Profile
Tullamarine's Occupancy
Contact agents
Nichols Crowder Property Moorabbin
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Listing ID: 180630753. This listing has been viewed 1 time. It was first displayed on 16/05/2022 and last updated on 10/06/2022.