24 Lathams Road, CARRUM DOWNS INFORMATION MEMORANDUM SUB-LEASE
crabtrees.com.au/18206 INFORMATION MEMORANDUM | 1 JOHN STREET, CLAYTON
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CRABTREES REAL ESTATE ARE EXCITED TO OFFER FOR SUB-LEASE:
24 Lathams Road, Carrum Downs
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INFORMATION MEMORANDUM | 24 LATHAMS ROAD, CARRUM DOWNS
INFORMATION MEMORANDUM | 24 LATHAMS ROAD, CARRUM DOWNS
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Introduction Woolworths has engaged Crabtrees Real Estate to sub-lease 24 Lathams Road, Carrum Downs. This prime facility of 13,153 sqm, will cater for a variety of uses and is made up of: • Showroom Warehouse: 8,673m²* • Drive Through Warehouse: 2,277m²* • Secure Outdoor Area: 2,203m²* Woolworths are keen to mitigate their rental exposure and will accommodate competitive sub lease arrangement.
Andrew Loudon 0422 618 975 aloudon@crabtrees.com.au
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Grant Tishler 0417 552 919 grant@crabtrees.com.au
INFORMATION MEMORANDUM | 24 LATHAMS ROAD, CARRUM DOWNS
Executive Summary Property Address
24 Lathams Road, Carrum Downs VIC 3201
Method of Lease
Available for Sub-Lease until August 2027
Property Overview
This prime facility will cater for a variety of uses requiring display, product sales, storage, outdoor display and abundant vehicle parking
Building Area
13,153 sqm made up of Showroom/Warehouse: 8,673m²* Drive Through Warehouse: 2,277m²* Secure Outdoor Area: 2,203m²* Plus Office Amenities
Zoning
The land is zoned Commercial 2 under the City of Frankston Planning Scheme allowing for a broad range of potential uses.
Rental
By Agreement
*All sizes and amounts are approximate. The vendor and their agents do not hold themselves responsible for errors, omissions and discrepancies, if any, in these particulars which have been compiled to the best of their ability, but are not guaranteed.
INFORMATION MEMORANDUM | 24 LATHAMS ROAD, CARRUM DOWNS
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INFORMATION MEMORANDUM | 24 LATHAMS ROAD, CARRUM DOWNS
Property Overview The subject property consists of a former Masters store, which lends itself to a variety of uses.
The building comprises an area of 13,153 sqm which is made up of: • Air conditioned Showroom/ warehouse of 8,673m²* • Drive through warehouse of 2,277m²* • Secure outdoor area of 2,203m²* • Plus first floor office accommodation of 323m²* and excellent amenities.
Other features include: • Excellent light • Abundant vehicle parking • *All sizes and amounts are approximate. The vendor and their agents do not hold themselves responsible for errors, omissions and discrepancies, if any, in these particulars which have been compiled to the best of their ability, but are not guaranteed.
INFORMATION MEMORANDUM | 24 LATHAMS ROAD, CARRUM DOWNS
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Location The subject property is located within close proximity of Eastlink, Frankston Dandenong Road and the M1 Freeway. The area has gone through rapid development and is an established location with a variety of small and large business’. Of added benefit is its close proximity to a large residential catchment and ease of access to major road infrastructure.
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INFORMATION MEMORANDUM | 24 LATHAMS ROAD, CARRUM DOWNS
Zoning The subject property is zoned Commercial 2 under the City of Frankston Planning Scheme, according to the most recent Victorian zoning information available.
Summary This is an incredible opportunity for a large format retailer or warehousing and distribution company to sub-lease this incredible property on very competative terms.
The key attributes are: •
Prominently located with excellent exposure and access;
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Quality facility that lends itself to a variety of use;
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Competitive terms available.
INFORMATION MEMORANDUM | 24 LATHAMS ROAD, CARRUM DOWNS
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INFORMATION MEMORANDUM | 24 LATHAMS ROAD, CARRUM DOWNS
Annexure 1 Plan
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INFORMATION MEMORANDUM | 24 LATHAMS ROAD, CARRUM DOWNS
INFORMATION MEMORANDUM | 24 LATHAMS ROAD, CARRUM DOWNS
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Oakleigh 20-22 Atherton Road 03 9567 8888 Dandenong 1/11-15 Smeaton Avenue 03 8795 4888 Built on knowledge. 14 INFORMATION MEMORANDUM | 24 LATHAMS ROAD, CARRUM DOWNS