81-83 Strzelecki Avenue, Sunshine West_Property for Sale

81-83 Strzelecki Ave, Sunshine West, VIC, 3020, AU

81-83 Strzelecki Avenue, Sunshine West

Asset Description

JLL are pleased to offer for sale 81-83 Strzelecki Avenue, Sunshine West, a highly functional industrial facility of 4,136 sqm of GLA with full drive around access in a strategic inner-west location.

Key highlights include:

A single warehouse structure with tilt-up and metal cladding providing 4,136 sqm of GLA
Situated on a regular shaped site of 8,104 sqm
A full drive-around, one-way truck flow system
Short WALE providing near term occupation
Net Passing Income of $403,142 p.a. ($97/sqm), expiring 7 July 2025
Rental uplift of 74% with an assessed Net Market Income of $703,120 p.a. ($170/sqm)
Inner-west infill location 10km west of Melbourne CBD

All figures approximate as at 1 June 2025.

81-83 Strzelecki Avenue, Sunshine West is offered for sale via an Expressions of Interest campaign closing Wednesday 18^th June at 4:00pm AEST.

For further information, please contact the exclusive selling agents Jack Kelliher, Robert Di Natale, Michael Rose & Luke Dunstan.

...

Attributes

Building area net

4,136 m²

Occupancy

100%

Year built

1998

Land area net

8,104 m²

Media

Investment Highlights

Near term occupation with lease expiring in July 2025, current rental income is approximately 50% below market rates
Limited land availability in prime urban locations has fuelled significant property value increases, surpassing projected rental growth
Upcoming major infrastructure developments, such as the West Gate Tunnel Project and the proposed Western Intermodal Freight Terminal, will enhance connectivity
The property features premium industrial facilities, including spacious single-column warehouse with multiple ground-level roller shutter door