35 Jellico DriveScoresby VIC 3179
Property Details for 35 Jellico Dr, Scoresby
Last Listing description (July 2023)
Industrial investment leased to Loving Earth Pty Ltd on a 5 year lease.
Lease Details:
Lease Term: 5 Years from 1st January, 2022
Further Term: 5 Years
Current Rental: $229,615 per annum (net) plus GST
Rent Reviews: Fixed 1.5% annual increases but market value on take up of further term
Land Area: 5,297sq m*
Building Area: 2,417sq m* (includes office: 467sq m*)
Loving Earth Pty Ltd manufacture chocolates at the premises and have been a long standing tenant.
The building is of steel portal frame and full height concrete panels with a loading dock and on grade roller door. Internally it has an extensive food manufacturing fitout that belongs to the tenant with a full makegood clause in the lease.
Prime location almost adjacent to Eastlink.
Can be purchased at well below replacement cost so a very strong underlying value proposition.
Contact Savills agents Lynton Williams or Colin Tarlarmis for further details.
Property History for 35 Jellico Dr, Scoresby, VIC 3179
- 11 Jul 2023Listed for Sale SOLD - $5,000,000
- 09 Sep 2022Sold for $5,000,000
- 05 Sep 2022Listed for Sale Contact agent for pricing details
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0About Scoresby 3179
The size of Scoresby is approximately 8.8 square kilometres. There are 29 parks, covering nearly 23.1% of the total area. The population of Scoresby in 2016 was 6022 people. By 2021 the population was 6066 showing a population growth of 0.7% in the area during that time. The predominant age group in Scoresby is 40-49 years. Households in Scoresby are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Scoresby work in a professional occupation.In 2021, 74.90% of the homes in Scoresby were owner-occupied compared with 78.00% in 2016.
Scoresby has 2,893 properties. Over the last 5 years, Houses in Scoresby have seen a 1.28% increase in median value, while Units have seen a 7.00% increase. As at 31 August 2026:
- The median value for Houses in Scoresby is $1,000,989 while the median value for Units is $772,589.
- Houses have a median rent of $650 while Units have a median rent of $620.
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