AND Property 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.

More AND Property readings 

Melbourne Vacancy and Industrial land supply + transaction trends – AND Property | The Industrialist

AND Property exclusively offer 185 Leakes Road Truganina for sale | The Industrialist

Truganina industrial assets reap more than $30 million through AND Property | The Industrialist

Significant Clayton industrial site sold $21m by And Property  | The Industrialist