• For Sale
  • Industrial
Secure Bayside Industrial Investment
Secure Bayside Industrial Investment
Secure Bayside Industrial Investment
Secure Bayside Industrial Investment
Secure Bayside Industrial Investment
Secure Bayside Industrial Investment
Secure Bayside Industrial Investment
Secure Bayside Industrial Investment
Secure Bayside Industrial Investment
Colliers International are pleased to offer for sale Unit 34 and 36 at 1 Kingston Road, Heatherton located within the Pellicano developed Parkview Estate. The two adjoining industrial units were constructed in circa 2014 and have been occupied since then by PJ’s Gourmet Express.

Parkview Estate is a 51-hectare commercial precinct that incorporates lifestyle, industrial, retail and commercial users plus multiple quality eateries. It is surrounded by parklands and walking trails and is considered one of the most in demand industrial locations within the Melbourne Bayside market.

Key Investment Highlights:
•Net Rent $68,250 per annum
•New 3-year lease with options until 2027
•Annual Increases 3.25%
•Outgoings 100% payable by the tenant
•Security deposit equal to 3 month’s rent

Key Property Highlights:
•Total building area 546sqm* (U34 = 220sqm, U36 = 326sqm)
•Mezzanine office in U36 46sqm*
•Internal warehouse clearance 7m+
•Each unit has own container height roller door, on-title car spaces, bathroom and kitchenette and 3 Phase Power supply
•High quality cool-room and freezer fit-out

The units are to be sold together and offer future flexibility for both investors or owner occupiers are they can be separated or remain connected through the access way in the shared wall.

For further information, please contact the appointed agents below.

(*) Approximate

Property Details