6-10 Jesica RoadCampbellfield VIC 3061
Property Details for 6-10 Jesica Rd, Campbellfield
Last Listing description (December 2022)
CBRE is pleased to exclusively present 6-10 Jesica Road, Campbellfield for sale via Private Sale.
This 2,692sqm* food production facility on 5,738sqm* of land is offered with a leaseback to global food manufacturer, Baxters Food Group Pty Ltd, with over 150 years in business and operating in Australia, Europe and North America. This building is being offered with a secure five (5) year lease back at $480,000 per annum plus GST and outgoings. The property also offers a value-add opportunity to construct an additional warehouse for the tenant for expansion and secure more rental per annum (STCA).
The property is ideally located in Melbourne's Northern suburbs and is less than 16km* from the Port of Melbourne, 16km* from the CBD and 12km* from the Melbourne Airport. This property has great access to major arterials including the M80 Ring Road, Hume Freeway, Sydney Road & Cooper Street.
Lease Details:
+ Tenant: Baxters Food Group Pty Ltd
+ Term: Five (5) years
+ Options: Five (5) years
+ Rental: $480,000 per annum net plus GST ($178 p/sqm)
+ Security deposit: 6 months rent plus GST
+ Annual reviews: 4% annually
+ Value-add warehouse extension to be discussed with the sale ($620k per annum net potential rental)
Property Features:
+ Gross lettable area: 2,692sqm*
+ Land area: 5,738sqm*
+ Gas supply
+ Future development or expansion potential for current tenant (STCA)
+ High power supply
+ Corner position
+ Food production facility
For further details on this property or your commercial property needs, please contact the marketing agent Jake George or Corey LeFavi.
*approx.
Property History for 6-10 Jesica Rd, Campbellfield, VIC 3061
- 24 Oct 2022Listed for Sale Contact Agent
- 09 Apr 2011Listed for Sale $325,000
- 28 Mar 2008Sold for $3,000,000
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About Campbellfield 3061
The size of Campbellfield is approximately 12.3 square kilometres. There are 9 parks, covering nearly 7.3% of the total area. The population of Campbellfield in 2016 was 5056 people. By 2021 the population was 4977 showing a population decline of 1.6% in the area during that time. The predominant age group in Campbellfield is 20-29 years. Households in Campbellfield are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Campbellfield work in a trades occupation.In 2021, 69.60% of the homes in Campbellfield were owner-occupied compared with 70.10% in 2016.
Campbellfield has 5,823 properties. Over the last 5 years, Houses in Campbellfield have seen a 18.36% increase in median value, while Units have seen a 24.53% increase. As at 30 June 2026:
- The median value for Houses in Campbellfield is $652,984 while the median value for Units is $494,439.
- Houses have a median rent of $530 while Units have a median rent of $430.
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