6 Westall Road, Springvale

INFILL INDUSTRIAL LAND BANK UNDERWRITTEN BY SECURE 4 YEAR LEASE TO AN ASX LISTED PUBLIC COMPANY

Jones Real Estate is privileged to present 6 Westall Road, Springvale, to the market, For Sale via Private Negotiation.

6 Westall Road, Springvale is a prime industrial zoned land bank, securely leased to ‘Australian Laboratory Services Pty Ltd’ a subsidiary of ASX listed ‘ALS Limited’ on a brand-new term.

The property is located in Melbourne’s revered inner southeastern industrial and logistics precinct, featuring immediate access to Westall Road, Moorabbin Bypass, Princes Hwy and within a short proximity of the M1/Eastlink (M3).

Key features of this incredible investment include:

– Securely leased to ASX listed ‘ALS listed’ returning $99,931.21 per annum plus GST & Outgoings.

– Brand new 4-year lease expiring 30 June 2028 with no further options.

– The tenant is responsible for 100% of building outgoings including Land Tax.

– Industrial 1 Zoned (IN1Z) landholding of 1,212sqm* with over 20m* of direct frontage to Westall Road.

– Immediate access to logistics routes, presenting as the perfect infill land bank prime for future development (subject to planning approval).

*Approx.

For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.