5-11 Pipe Road, Laverton North, VIC 3026 | Property Value & History | OnTheHouse
OFF MARKET

5-11 Pipe Road
Laverton North VIC 3026

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 18942m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 5-11 Pipe Rd, Laverton North

Building Type
Commercial
Land Size
18942m2
Local Government
Wyndham
Lot/Plan
2/PS611698

Last Listing description (November 2022)

JLL Capital Markets Industrial & Logistics team, in conjunction with Dawkins Occhiuto, is pleased to offer for sale 5-17 Leslie Road & 6-10 Pipe Road, Laverton North, Victoria. Located within a premium inner western Melbourne precinct, which is critical to tenant requirements, the asset provides a cold storage and blast freezing facility and is 100% leased to Austco Polar, a subsidiary of ASX listed Wingara AG Ltd (ASX:WNG).

Key Investment Highlights for 5-17 Leslie Road & 6-10 Pipe Road, Laverton North, Victoria include:


Long Lease to Austco Polar, a subsidiary of ASX Listed Entity Wingara AG Ltd.
Significant 13 year lease structured on a Triple Net basis.
Fixed rental growth of 3.5% p.a. providing an attractive running yield.
Passing income of $1,921,748 p.a. (as at August 2021) with positive future rental reversion.
Fit for purpose improvements including blast freezers critical to tenant requirements.
Strategic Industrial 2 Zoned land holding of 3.03 hectares with dual street frontages.
Situated across five separate (5) titles allowing for potential future sell down.
Direct access to Australia's busiest port (Port of Melbourne) which is crucial to tenant requirements.
Operational longevity with the site being used for processing and cold storage since the 1960's.
*all figures are approximate

The property is being offered via an International Expressions of Interest campaign closing Wednesday 1 9 th May 2021 at 3pm AEST .

For further information please contact the below exclusive marketing agents.

Property History for 5-11 Pipe Rd, Laverton North, VIC 3026

A timeline of how this property has performed in the market
  • 12 May 2021
    Listed for Sale Contact Agent
Commute Calculator

About Laverton North 3026

The size of Laverton North is approximately 15.4 square kilometres. There are 7 parks, covering nearly 12.2% of the total area. The population of Laverton North in 2016 was 73 people. By 2021 the population was 119 showing a population growth of 63.0% in the area during that time. The predominant age group in Laverton North is 50-59 years. Households in Laverton North are primarily single parents and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Laverton North work in a machinery operators and drivers occupation.In 2021, 23.50% of the homes in Laverton North were owner-occupied compared with 32.60% in 2016.

Laverton North has 1,465 properties. As at 31 July 2026:

  • The median value for Houses in Laverton North is $846,550 while the median value for Units is $556,408.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Laverton north on OnTheHouse. According to Cotality's data, 44 properties were sold in the past 12 months in Laverton north.

Suburb Insights for Laverton North 3026

Market Insights
Laverton North Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Laverton North Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.