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For Sale | Industrial new

575 Burwood Highway

575 Burwood Highway
Knoxfield, VIC 3180
Australia
Building Size:
5,303 Square Metres
Sale Price:
10,000,000.00

Prime Knoxfield industrial investment with excellent frontage and exposure to Burwood highway, just 850 metres from Knox Shipping Centre. The property occupies approximately 11,200 square metres of prime industrial 1 zoned land held on two titles. The site has dual street frontage with access from Burwood Highway and secondary access from Parkhurst Drive. Improvements comprise a two level corporate office, warehouse accommodation, excellent onsite car parking and perimeter security fencing. The tenant Spartan school supplies has become a recognised leader in Australian made school supplies and Australia’s largest direct to school bag supplier. With approximately 47% site coverage, and 55 metre frontage to Burwood Highway this property is an ideal secure investment. Property features: • Burwood Highway frontage • 8 year Lease to established tenant Spartan Pty Ltd, • Returning $600,999 per annum net with all outgoings payable by the tenant • Secure 4.8 years remaining with two further terms of 5 years each • 11,189 sqm* landholding in tightly held Knoxfield • Dual street frontage, rear truck access from Parkhurst Drive • Flexibility of two separate titles • Excellent onsite car parking • Refurbished corporate office accommodation in excellent condition • Perimeter security fencing • 55 metre frontage to Burwood Highway Office Accommodation Two level office with prominent exposure to Burwood Highway and excellent natural light with glazing to three elevations. The office and amenities were recently extensively refurbished, incorporating new carpet, tiling, office partitioning, ceiling grid and modern lighting along with full refurbishment of amenities, fixtures and fittings. Office features: • Excellent natural light • Airlock entry • Fully refurbished • New lighting, ceiling grid and electrical cabling • Modern staff kitchen with breakout area • First level balcony BBQ area. Warehouse Accommodation Warehouse accommodation has been constructed in three sections comprising a combination of full height brick construction and brick to dado height with reinforced concrete floors in excellent condition. Loading facilities are positioned along the eastern boundary incorporating dual street frontage and access with concrete paved driveway from Burwood Highway through to rear Parkhurst Drive. A large semi-enclosed loading canopy is positioned towards the Burwood Highway frontage with a secondary loading canopy protecting on grade loading towards the rear of the warehouse. In addition to multiple on-grade roller doors a recessed loading dock is provided with weather protection from the semi-enclosed canopy. The high clearance warehouse provides highly functional loading and dispatch. Location Description The property is situated within the tightly held and high regarded suburb of Knoxfield, approximately 26 kilometres east of the Melbourne Central Business District. Positioned on the north side of Burwood Highway the property enjoys prominent frontage and exposure. Burwood Highway provides a four way interchange with Eastlink 3.5 kilometres west of the property, connecting with all major arterials. Dorset Road, Ferntree Gully Road and Stud Road are all proximate to the property with Monash Freeway access just 10 kilometres south. The Monash Freeway provides a direct link with Melbourne Central Business District and Melbourne Airport, via CityLink. Monash Freeway connects directly with Eastlink, providing an alternate link to the CBD and easy access to the southern and eastern suburbs of Melbourne. Knox Shopping Centre anchored by Myer, Coles, Kmart, Target, Village Cinemas and 350 specialty stores provides excellent shopping amenity situated just 850 metres from 575 Burwood Highway. 575 Burwood Highway, Knoxfield is being offered for sale by Expression Of Interest (EOI) Closing 4pm Thursday 17 October 2019. The property is situated within the tightly held and high regarded suburb of Knoxfield, approximately 26 kilometres east of the Melbourne Central Business District. Positioned on the north side of Burwood Highway the property enjoys prominent frontage and exposure. Burwood Highway provides a four way interchange with Eastlink 3.5 kilometres west of the property, connecting with all major arterials. Dorset Road, Ferntree Gully Road and Stud Road are all proximate to the property with Monash Freeway access just 10 kilometres south. The Monash Freeway provides a direct link with Melbourne Central Business District and Melbourne Airport, via CityLink. Monash Freeway connects directly with Eastlink, providing an alternate link to the CBD and easy access to the southern and eastern suburbs of Melbourne. Knox Shopping Centre anchored by Myer, Coles, Kmart, Target, Village Cinemas and 350 specialty stores provides excellent shopping amenity situated just 850 metres from 575 Burwood Highway.