109 Elgar Road, Derrimut, Vic 3026

Gross Waddell ICR is pleased to offer for sale 109 Elgar Road, Derrimut, positioned in one of Melbourne's most sought-after industrial zones renowned for its strategic location and excellent connectivity. Boasting short-term holding income to March 2025, the property provides unparalleled potential for an owner occupier or savvy investor to lease out post lease expiration.

•	High profile warehouse/ showroom within a tightly held industrial and showroom precinct 

•	Strategic landholding of 1,970 sqm* with a flexible Industrial 1 Zoning (IN1Z) 

•	Catering for a high clearance warehouse/ food manufacturing facility with a total building area of 1,645 sqm* 

•	The facility is currently a food processing facility featuring a well-designed layout optimised for efficient workflow

•	Short-term holding income returning $176,856 net* per annum, providing further rental reversion at lease expiration

•	Existing lease expiry on 31st March 2025 and no further options

•	Ideal connectivity with easy access to Western Freeway, Ring Road and Princes Freeway

•	Meters to an abundance of retail and lifestyle amenity including Derrimut Village Shopping Centre and Deer Park train station

For further information or to organise an inspection, please contact the team at Gross Waddell ICR.

*approx.