22-26 Freight Drive, Somerton, Vic 3062

Knight Frank, as exclusive selling agents, are pleased to offer for sale via Expressions of Interest 22-26 Freight Drive, Somerton, an outstanding fully let industrial asset located within a core northern industrial precinct.

The opportunity encompasses a functional 6,791sqm* warehousing facility situated on a generous 1.5HA* industrial allotment and underpinned by a diverse income stream of $652,942 per annum* with significant reversion potential. 

Key features include;
• Prominent warehouse facility offering 6,791sqm* of GLA
• Multi tenanted asset with current passing rental of $652,942 per annum
• Significant rental reversion potential 
• Functional warehouse facility offering multiple on-grade roller door access and quality office accommodation.
• Approximately 3,500sqm* of surplus land on the southern portion of the site of providing potential development upside (STCA)
• High underlying land value on an expansive 1.5HA* Industrial 1 Zoned allotment
• Core industrial and logistics location approximately 19 kilometres North of the Melbourne, providing immediate access to major infrastructure projects including the soon-to-be completed Somerton Intermodal Terminal and North-East Link.

22-26 Freight Drive, Somerton is being offered For Sale via Expressions of Interest closing Thursday 29th of May at 4pm (AEST).

To request further information or to arrange an inspection, please contact a Knight Frank representative.