2/23 Pipe RoadLaverton North VIC 3026
Property Details for 2/23 Pipe Rd, Laverton North
Last Listing description (April 2023)
Warehouses 1 & 2/23 Pipe Road, Laverton North are offered for private sale as a long term tenanted investment.
The property comprises cool rooms, drainage and other specialised features and has been leased to a long term tenant.
The Industrial 2 Zoned area in Melbourne's west is one of only two pockets in Melbourne where certain businesses can operate. There is no further land to be re-zoned Industrial 2 which will ensure continuous demand for occupiers in this area.
An immediate, secure income and long term land baking are two of many upsides of this property.
Lessee: Fresh Halal Poultry Pty Ltd
Lease commencement: March 2016
Lease term: 5 years
Further options: 5+5+5 years
Rental return: $64,928 pa + GST & outgoings
Annual rent reviews
Total building area: 648sqm*
Total land area: 1,000sqm*
Industrial 2 Zone
All outgoings payable by the tenant
*approx.
Property History for 2/23 Pipe Rd, Laverton North, VIC 3026
- 15 Jan 2020Listed for Sale Contact Agent
- 14 Jun 2018Listed for Sale UNDER CONTRACT
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About Laverton North 3026
The size of Laverton North is approximately 15.4 square kilometres. It has 7 parks covering nearly 12.2% of total area. The population of Laverton North in 2011 was 94 people. By 2016 the population was 54 showing a population decline of 42.6% in the area during that time. The predominant age group in Laverton North is 60-69 years. In general, people in Laverton North work in a machinery operators and drivers occupation. In 2011, 39.6% of the homes in Laverton North were owner-occupied compared with 32.6% in 2016..
Laverton North has NaN properties. Over the last 5 years, Houses in Laverton North have seen a 41.62% increase in median value. As at 30 November 2024:
- The median value for Houses in Laverton North is $761,839 while the median value for Units is $615,952.
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