7 Chambers Road, ALTONA NORTH, VIC
FLEXIBLE OFFICE/WAREHOUSE INVESTMENT
7 Chambers Road Altona North is located directly adjacent to one of Melbourne’s most dynamic retail and commercial developments, Millers Junction, with tenants including Bunnings, Officeworks and JB Hi-Fi.
This retail centre is located at 300-330 Millers Road, being approximately 13km from the Melbourne CBD and 2.5 km from the Westgate Freeway and Western Ring Road.
7 Chambers Road is a modern office/warehouse development, comprised of 7,620 sqm of improvements and featuring quality air-conditioned and partitioned office, container access with an internal height of 8 meters.
Currently fully occupied by a long term tenant and a monthly tenant in 1,903m2, this property is currently returning a rental $685,700 per annum, plus GST & Outgoings.
Importantly, the property is located in an evolving precinct which has benefited from strategic re-zoning and major retail and commercial development. This is without doubt an opportunity that presents the prospect for rental growth and capital appreciation.
Contact Andrew to discuss further.
- Large Building Area of 7,620m2*
- Can be split into multiple areas
- Comprising tenants: Sherman Oil & Qube Logistics
- Fully Let Return of $685,700 per annum, plus GST & Outgoings