64-66 McArthurs Road, Altona North, Vic 3025

Colliers on behalf of our valued client, is pleased to offer for sale 64-66 McArthurs Road, Altona North.

This value-add industrial investment is strategically located in Melbourne’s premier Inner-West industrial precinct of Altona North, offering scale and the potential for long-term value enhancement. The asset is underpinned by a high underlying land value, offering substantial redevelopment upside, complimented by the following attributes:

Investment Highlights:
- Gross Building Area of 3,559m² positioned on a prominent 6,665m² infill land holding
- Strong underlying future development fundamentals
- Tightly held industrial and logistics precinct, widely recognised as one of Australia’s strongest 
- Significant passing income of $451,326.00 p.a
- WALE of 3.03** years by Income (As at 1st April 2024)
- Altona / Altona North is home to many well-known domestic and global occupiers including Toyota, G.A.M Steel, SCT Logistics, Winning Appliances, Silk Logistics, Officeworks and Myer
- Superior access to existing precinct amenity and major arterial roads such as Millers Junction, Kororoit Creek Road, Princes Freeway and Dohertys Road
- A Combination of fixed 3.50% annual and CPI annual rent reviews, across two (2) tenancies
- Strategic government infrastructure projects focused on Melbourne’s West will directly benefit the site

*Approximate 
** Assumes Early Termination Clause Exercised

64-66 McArthurs Road, Altona North is strategically positioned in Melbourne’s inner west and is approximately 7km* away from the Port of Melbourne and 9km* from Melbourne’s CBD. The location is ideally positioned for warehousing, logistics and last mile distribution.  The opportunity to secure a superbly located industrial land holding with secure holding income and multiple value add options, within one of Melbourne’s most sought-after industrial locations is a rarity.

64-66 McArthurs Road, Altona North is offered for sale via Private Treaty.

For further information regarding this opportunity or to arrange an inspection, please contact the appointed agents.