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259 Hyde Street
YARRAVILLE, VIC 3013

Property Type
Industrial/Warehouse
Building Area
512m2
Zoning
Industrial 3
Car Spaces
6

Robust & Rare Yarraville Investment

OPEN FOR INSPECTION WEDNESDAY, 16 NOVEMBER FROM 12:00 -12:45PM.

Fitzroys is pleased to offer for sale by Public Auction on Wednesday 23rd November at 12PM on site this robust investment opportunity within Melbourne’s surging inner west.

Key investment highlights:

  • Highly functional building of 512sqm* encompassing a clearspan warehouse with two container height roller door access, corporate office and breakaway area
  • Commanding corner exposure with combined frontage of 51 metres* to Hyde and Taylor Streets
  • 6 on-site car parking spaces
  • Leased to Campos Coffee, winner of Champion Australian Roaster 2021 & 2022, also subsidiary of listed global coffee giant JDE Peet's
  • Currently returning $82,400 p.a. plus Outgoings and GST
  • Lease term: 5+5+5 years from 1 July 2021
  • Fixed annual rent reviews
  • Zoned Industrial 3 (IN3Z)
  • Only 6km west of Melbourne CBD and 3km from the Port of Melbourne
  • Benefitting from immediate proximity to $6.7b* West Gate Tunnel project nearing completion allowing access to the West Gate Freeway from Hyde Street via two new ramps
  • Highly sought-after investment providing strong prospects for future capital appreciation and rental growth

AUCTION ON WEDNESDAY 23RD NOVEMBER 12PM ON SITE

*approx.

Transaction Manager - O & Co

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Consultant

Brent Glassford

M: 0430 484 322
E: glassfordb@fitzroys.com.au

Marco Sandrin

M: 0434 562 827
E: sandrinm@fitzroys.com.au

Ervin Niyaz

M: 0404 808 327
E: niyaze@fitzroys.com.au

Property Type
Industrial/Warehouse
Building Area
512m2
Zoning
Industrial 3
Car Spaces
6
Property Type
Industrial/Warehouse
Building Area
512m2
Zoning
Industrial 3
Car Spaces
6