EOI - Offers Close 27th October (Unless Sold Prior)
2A & 2B / 3 Webb Street, Narre Warren
Rare Two-Factory Investment | 253sqm* Landholding | Strong Holding Income | 23m Height Development Potential STCA
A truly rare opportunity to acquire two established industrial factories on one title, with three allocated car parks on title, strategically positioned in the heart of Narre Warren and offered to the market for the first time in approximately 35 years.
Comprising 253sqm* and two separately leased factory premises, the property provides an attractive combination of immediate holding income, flexible industrial utility and significant future development potential. It is also an ideal choice for self managed super funds.
The Property
Factory 2A - 97sqm
Currently leased at $17,100 per annum + GST + outgoings
Established industrial premises currently on two year lease to 02/08/2027
Factory 2B - 156sqm
Currently leased at $22,138 per annum + GST + outgoings
Established industrial premises currently on three year lease to 30/06/2029 with further options
Combined Holding Income: $39,238 per annum + GST with factories each comprising of roller door and rear door access, separate offices, split system air conditioning, toilet and storage areas.
Positioned within Activity Zone 2 – Narre Warren Village, the property presents an exciting long-term development proposition, with the potential for development of up to 23 metres in height, STCA.
The strategic location further enhances the property's appeal, with Narre Warren Train Station and Narre Warren Village just moments away, while the Monash Freeway, Princes Highway and Fountain Gate Shopping Centre are all conveniently accessible within minutes.
Whether you're seeking a secure industrial investment, a strategic landholding or a future development opportunity, 2A & 2B / 3 Webb Street represents a tightly held offering with the rare combination of income today and substantial upside tomorrow.
Opportunities of this nature, combining two established tenancies with significant future development potential in such a well-connected location, are seldom offered to the market.
For further information or to arrange an inspection, contact Liron Selimi at [email protected] or 0425 776622.
*Approximate measurements. STCA – Subject to Council Approval. All information contained therein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided.
