Sale of 4/24-30 Winterton Road and 36-38 Winterton Road Clayton

• Property address: 4/24-30 Winterton Road and 36-38 Winterton Road, Clayton
• Vendor:  Private Investor
• Purchaser: Local owner occupier
• Total Sale Price: $15,000,000
• Building area: 5,000m² (over two titles)
• Site Area: 7,254m² (over two titles)
• Sale rate PSM: $3,000 PSM

AND Property is pleased to announce the off-market sale of two side-by-side warehouses located at 4/24-30 Winterton Road and 36-38 Winterton Road, Clayton. The properties were sold to an owner occupier, with a short-term lease to the sitting tenant.

This transaction was negotiated on behalf of a private investor by AND Property agents Bryce Pane, Ricardo Cappelletti, and Ben Quennell.

“The properties were sold with a lease in place for the current occupier, and the transaction involved several moving parts. AND Property proactively approached the owner on behalf of the purchaser, who owns an established importing business in the area,” said Mr. Pane.

Mr. Cappelletti added, “The location is highly sought after by local occupiers and investors, offering strategic positioning for the purchaser.”

“With a combined sale rate of $3,000 per sqm, this is a strong result for properties of this size in Clayton,” commented Mr. Quennell.

4/24-30 Winterton Road features a modern high-clearance warehouse with corporate offices and a side yard, while 36-38 Winterton Road is an older-style, clear-span warehouse.

AND Property has transacted over $45 million worth of industrial property in the Monash area this year, including several notable on and off market transactions.

For further information on this transaction, please contact the team at AND Property.