BUY ME. 26 MILES STREET
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An opportunity to secure a rare industrial property that has excellent access to major arterials and flexible building design on a significant parcel of land.
$87,500*pa
SHORT TERM HOLDING RENT + Outgoings
BUILDING AREA:
876 sqm*
LAND AREA:
2,536 sqm*
TERMS OF SALE
10% deposit on sale, balance 60 days.
26 MILES STREET MULGRAVE LOCATED WITHIN THE Monash Technology Precinct
For Sale by Public Auction on Thursday 26th October at 12 noon on-site.
Special Use Zone
TENANT BUSINESS NAME: Boss Polymer
RENTAL: $87,500 pa plus outgoings
LEASE TERM: Expires 31st April 2024
OUTGOINGS: Paid by tenant
Boss Polymer Technologies have been in occupation for many years. Their current lease expires in April 2024 with no further options.
Boss Polymer is one of Melbourne’s leading plastic and rubber extrusion suppliers and manufacturers, specialising in extruding both custom designed and generic products in a selection of engineering plastics and rubber. This encompasses LDPE, Crastin and rubbers such as silicone, Nitrile and EPDM. Boss offers a technical advice and troubleshooting service. We work together with our client through all stages of the project in an atmosphere of mutual respect. Together, we will identify your specific issues, breakthrough the boundaries and create effective and economic solutions. Our continual emphasis on research and development, and investment in new technologies has led to Boss Polymer becoming leaders in manufacturing and supplying plastic and rubber extrusion profiles across a variety of industries.
Positioned in one of Australia’s most highly sought-after industrial precincts, this older style brick warehouse features offices and showroom at the front and warehouse behind.
There is significant additional land around the warehouse.
The property is outlined on the certificate of title as follows.
Volume: 06521 Folio: 040
BUILDING AREA
876 sqm*
UNRIVALLED ACCESS TO:
- Monash Freeway (M1)
- Princes Highway
- EastLink (M3)
LAND AREA
2,536 sqm*
ZONING
Special Use Zone
(SUZ-6) under the City Of Monash planning scheme
MELBOURNE'S SOUTH-EASTERN
A VACANCY RATE OF 0.5% **
Ideally positioned within the highly sought-after blue ribbon industrial and logistics precinct of Mulgrave.
It adjoins the world's largest conglomerates including Amazon, Metricon, Pfizer, Toyota and Adidas.
Unrivalled accessibility to major arterial roadways such as The Monash Freeway (M1), Eastlink (M3), Blackburn Road, Dandenong Road, Ferntree Gully Road, Springvale Road and Wellington Road.
**source: CW research
Mulgrave was one of south-east Melbourne’s earliest industrial precincts that integrated a combination of warehousing, manufacturing and logistics. Today, with superb access to major arterials, the area is only becoming more sought after.
“Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom.
*Approximate