2-24 Sixth Avenue , Burwood

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Land bank opportunity with cash flow

Gross Waddell ICR, in conjunction with Lawson Real Estate, is delighted to present 10 industrial facilities on individual titles, located within a tightly held industrial precinct abutting Gardiners Reserve & Gardiners Creek Trail.

This offering represent a rare opportunity to acquire 10 properties in one line, generating significant income whilst offering huge future value-add / redevelopment potential (STCA)

Sale highlights include:
• Total landholding of 7,042sqm* with expansive frontage to Sixth Ave of 184m*
• Combined building area of 4,036sqm*
• Estimated “fully let” rental of $510,000 p.a.*
• Zoning: Industrial 1
• Direct interface with established residential market with median house price of $1,400,000 (Source: REIV)
• Within close proximity to the proposed SRL Burwood train station, tram and bus networks as well as Deakin University
• Ideal investment &/or owner occupier opportunity with future value-add / redevelopment potential (STCA)

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