Significant Infill Repositioning or Redevelopment Opportunity

71-77 Pipe Road LAVERTON NORTH VIC 3026

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For Sale

Expressions of Interest closing 24th Jun 2022 Level 30, 225 George Street, Sydney

Significant Infill Repositioning or Redevelopment Opportunity

Underpinned by a high underlying land value and record low vacancy levels, the offering generates the following institutional investment features:

•Regular shaped freehold land holding of 49,000m² with a substantial 136 metre street frontage, providing flexibility and strategic redevelopment upside.
•Versatile improvements of 17,755m² allowing a multitude of repurposing and repositioning opportunities
•Significant net passing income of $1,225,655 per annum, possibly providing a holding income whilst planning approval is secured
•Strategic WALE of 0.66 years (by income) yielding immediate upside
•Laverton North is a land constrained market, with exceptionally strong rental / capital growth prospects and will further benefit from the rapid growth of e-commerce
•Strategic location offering excellent access to existing precinct amenity and major road infrastructure including Western Ring Road (M80), West Gate Freeway and Princes Freeway (M1) and Boundary, Fairbairn and Somerville Roads

71-77 Pipe Road, Laverton North is being offered for sale via Expressions of Interest campaign closing 4:00pm (AEST) Friday, 24th June 2022.