



VicAcres is pleased to present 96 & 98 Waterloo Road, Yarragon, a rare opportunity to secure two adjoining industrial warehouse investments available together. Prominently positioned on Waterloo Road, running parallel to the Princes Highway / M1 corridor, the properties offer excellent industrial functionality with strong vehicle access, secure hardstand and future flexibility across two separate titles. The properties are leased to TKC Engineering Pty Ltd, trading as Samba Metal Works, returning a combined income of approximately $121,800 per annum + GST + outgoings, with the tenant responsible for 100% of outgoings. Each warehouse is of mirror-image design and features high-clearance steel construction, office accommodation, amenities, motorised roller door access, 3-phase power and hardstand areas. The sites are fully concreted, security gated and well suited to ongoing industrial occupation. Key Features - Two industrial warehouses on separate titles - Offered together - Combined land area of approximately 2,940 sqm - 96 Waterloo Road: approximately 1,416 sqm land - 98 Waterloo Road: approximately 1,524 sqm land - Total building 1,280 sqm area approximately - 640 sqm Per Factory including office - Industrial 1 Zone - Fully concreted and security gated site - High-clearance warehouses with offices and amenities - Motorised roller doors and 3-phase power - Hardstand, loading and vehicle access - Leased to TKC Engineering Pty Ltd trading as Samba Metal Works - Current combined income: approximately $121,800 p.a. + GST + outgoings - Lease expiries: 20 June 2027 - Further terms: 1 x 3-year option - Use: steel fabrication and ancillary uses Investment Summary Property Current Rent Lease Expiry Further Term 96 Waterloo Road, Yarragon $61,800 p.a. + GST + outgoings 20/06/2027 1 x 3-year option 98 Waterloo Road, Yarragon $60,000 p.a. + GST + outgoings 20/06/2027 1 x 3-year option Combined $121,800 p.a. + GST + outgoings Based on the combined asking price and current passing income, the offering reflects an approximate 7.38% return, with the added advantage of separate titles, secure income and long-term flexibility. For further information or to arrange an inspection, contact VicAcres.
Email enquiry to VICACRES
Property ID: 505250432
Original Property ID: 505250432