Calculate your properties current lease or sale value for the North Western Suburbs

Industrial property values both sale and lease vary throughout the different areas of Melbourne and continue to change based mainly on economic performance and general business confidence. We find occupiers of Industrial property forever intrigued as to their current property value be it sale or lease. In response we provide a value range for vacant land and/or land + buildings throughout the main industrial areas in Melbourne for a quick reference guide to the value of your property.

 

The North-West region of Melbourne has all but run out of land for future private development. Melbourne Airport control most of the land in this precinct and are creating an impressive business park based on large distribution buildings, lease only. The lack of future development opportunities, the nearby International Airport and the excellent road network available in this region means capital growth is very likely.

 

North West (Tullamarine, Keilor, Keilor East)

 

                                    A GRADE (Prime position, premium business park, new buildings)

 

Sale

Lease

Example Calculation - Sale

Land

$420 - $500m²

$20 - $30m²

Vacant land 4000m² x $450m² = $1,800,000

Land + Building

$1300 -$1700m²

$95 - $120m²

Building 3000m², Land 4600m² 

3000m² x $1500m² = $4,500,000 + GST

 

                                      B GRADE (General Industrial location, 20 + years old)

 

Sale

Lease

Example Calculation - Lease

Land

$380 - $420m²

$15 - $20m²

Vacant land 4000m² x $17.5m² = $70,000 +GST+ Outgoings

Land + Building

$1200 - $1300m²

$65 -$75m²

Building 3000m², Land 4600m²

3000m² x $90m² = $270,000 PA + GST + Outgoings

 

                                      C GRADE (Average location, 40 + years old building)

 

Sale

Lease

Example Calculation - Sale

Land

$300 - $400m²

$10 - $15m²

Vacant land 4000m² x $350m² = $1,400.000+ GST

Land + Building

$1100 - $1200m²

$75 - $85m²

Building 3000m², Land 4600m²

3000m² x $1150m² = $3,450,000 + GST

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Disclaimer: Each property is unique and the above figues are intended as a guide only and should not be used as a valuation. For an accurate guide on your particular property value contact a registered valuer or Rutherfords Real Estate for a specific agencies opinion.

 


Posted on Wednesday, 26 April 2017
by Drew Williams in Latest News

Previous Next

Archived Posts

Tags

Accounting Australia Business Business Park Capital Growth Charter Hall Commercial Commercial Market Commercial Property Commercial Property Market Update Commercial Property Values Commercial Real Estate Companies Conditions Core Logistics covid19 Demand developer Developers Development Developments Distribution Economic Efficiency Enormous increase EOFY Global Growing Trend Growth Incentives Industrial Industrial Fund Industrial Property Industrial Property Market Update Industrial Property Values Industrial Real Estate Industrialproperty Interest rates Internation Brands Investment Investments Investor Investors Land Landlord Landlords Lease Lease Incentives Lease Price Lease Value Leasing Leasing Market Location Logistics Sector Manufacturing Market Market Review Markets Melbourne Melbourne Property Melbourne's West News North Occupier Off Market office Opinion Opportunity Owner Owner Occupiers Owners People Politics Pre-lease Prelease Property Property Development Property Lease Property Management Property Market Property Revolution Property Values PropertyManagement Purpose Built Real Estate RealEstate Rental Residential Results Retail Rutherfords RutherfordsRealEstate Sale Sale Price Sale Value Selling Market Sydney Property Tax Technology Tenants Transport Trends Turn Key Vacant Valuations Values Versus Victoria Volume Warehouse Yields #airconservices #rutherfordsrealestate #January #Welcome #Back #Rutherfords #Newyear #rutherfords #realestate #lease #procedures 2019 Allofmelbourne Architecture arrears Background Checks Bank Banking Commission Bayswater Benefits Booming Braeside Budgets Building buildings Business Owners BusinessPerformance Buy versus Lease buyers Buying Property Capital Gains Tax Capital Targets CapitalGrowth Case Studies Commercial Buildings Commercial News Commercialproperty Commercialrealestateepping Commerical Commerical Market Community Condition report ConditionReports Confidence congestion cons Consistant Consistency Construction CPI Cragieburn Critics Croydon South Damages Dandenong Dandenong South Deals defaults Design Detail Discouraging Drought E-Commerce East Ecomonmy Economic Fortunes Economy Elections Europe experts FallingVacancy Families Farmers Features FederalBudget Ferntree Gully Fiance Figures Financial Crisis Financial Year Foreign investment Foreign Purchasers Fundraiser Goals Government Gross GST guide Hallam handovers Healthy Prices Height Helpinghand High Yields Impact Income Industrial Assets Industrial market Industrial News Industrial Property Terms Infrastructure Infrastucture Inspirational Urban Design Insurance Interest International International Brands Invesment Invest Investing Investment Boom Kilysth Knoxfield Leader Legislation Logistics Make good Managment Manufacturing Industry Market View Melbourne Market Melbourne's North methods Money Mortgage Nation Nationwide Negotiation Net New Developments New South Wales NTD Checks Opinion. Opportunities Outlook Owner-Occupiers owneroccupier paymentplan PeakPerformance Performance Performing Photos Planning Population Pre Key Presentation price Prices rise procedure Projects Property Inspection Property Inspections Property Investment Property Value propertymanagers PropertyMarket pros Purchaser rates Relationships rent Rental Default Insurance Rental Prices Rental Property Rentals Repairs Research Responsibility Return Rising Real Estate Prices Routine Inspections Scarcity Sell Settlement Site Access South East StateElection statements Stock Strategic Plan Subdivision Sydney Syndication Targets Taxing Third Party Logistics Transport and Logistics Truganina Types Vendor Vendor Terms Victorian Economy Wantirna War Warehousing Website Werribee Work