Teska Carson is thrilled to present 41-49 Cherry Lane, Laverton North for sale, providing outstanding opportunity for investors, developers and owner occupiers seeking to capitalise on the hottest segment of commercial real estate in Australia.
For Sale via Expressions of Interest closing Thursday 7 September 2023 at 3pm.
Key investment considerations include:
- 10,050 square metres of land
- 6,326 square metres of building
- Current Income: $436,152 pa plus GST
-Lease expires October 2025 with one 3 year option, providing significant reversionary rental potential at market review whilst allowing value add buyers to further improve the building or owner occupation in under 5 years
- Quality national tenant: CSF Proteins
- Located in the heart of Laverton North, one of the most popular industrial precincts in Australia, due to immediate proximity to major arterials, other major industrial facilities and transport hubs
Please do not hesitate to contact the listing agents for further information or to arrange an inspection.
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 1,314 properties.
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