Vendor Ready to Sell - 9.5% Yield | Industrial Warehouse with 206m* Frontage

Offers $9m+

80 Frankston Gardens Drive

Carrum Downs VIC 3201

Industrial

FOR SALE

4070m2

    • Floorplans View Floorplan
RWC Oakleigh is excited to offer 80 Frankston Gardens Drive, Carrum Downs for Immediate Sale.

Offered for the first time in over 25 years, this prime industrial freehold with landholding of 9,300m2* is located just off EastLink (M3) on the corner of Frankston Gardens Drive & Lathams Road and benefits from 206m* of corner street frontage making it impossible to miss!

The property offers a total building area of 4,070 m2*, providing high clearance clear-span warehouses of 3,570m2* and a split-level office space with amenities of approximately 500m2. Boasting a concrete batching plant, high power supply (400 amps*), 8x roller doors, 3x existing crossovers and an abundance of hardstand, this is a truly unique opportunity suitable for astute investors, owner occupiers who want to boost their corporate image or developers who are looking for a premium future development site located in one of South East Melbourne's busiest and easily accessible industrial precincts.

With a maximum lease term until February 2027, take the opportunity to Invest Now and enjoy a fantastic return, then Occupy / Develop in the Future (STCA).

PROPERTY FEATURES:

+ 206m* Corner frontage to Lathams Road & Frankston Gardens Drive
+ Prime Industrial landholding | 9,300m2*
+ Total building area | 4,070m2*
+ Offices / boardroom / staff amenities | 500m2* over two levels
+ Offered with extremely strong income stream^
+ High warehouse clearance up to 10.8m*
+ High power supply - 400 amps
+ 8x roller doors, 3x overhead cranes (20T, 12.5T & 5T)
+ Concrete Batching Plant along with auto delivery system into warehouse
+ Immediate access to East Link (M3), Peninsula Link & Frankston-Dandenong Road
+ Securely gated and fenced with 3x existing crossovers
+ Invest Now, Occupy / Develop in the Future (STCA)
+ Industrial 1 Zone (IN1Z)

INVESTMENT FEATURES:

+ Leased to Melbourne Architectural Precast Pty Ltd
+ CPI Annual Increases
+ Maximum Lease Term until February 2027

For further information and to obtain a copy of the contract or information memorandum, please contact one of the exclusive marketing agents below:

Theo Karkanis | 0431 391 035
George Ganavas | 0478 634 562
George Kelepouris | 0425 798 677

^ Lease information can be provided upon request
*All areas and figures approximates only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.