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1-5 Lake Drive
Dingley Village VIC 3172
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Sold on 11 Sep 2019

1-5 Lake Drive Dingley Village VIC 3172

  • Factory, Warehouse & Industrial
  • 17,431 m²
  • Sold, $19,750,000

RARE 3.9HA* INDUSTRIAL 1 ZONED FREEHOLD IN THE HEART OF BAYSIDE

    For Sale by Expressions of Interest closing Thursday 4th July at 4pm (AEST).

    + Attention Owner Occupiers - prime "infill" landholding with 3 warehouses
    + Attention Developers substantial brownfield development opportunity
    + 39,760sqm* of industrial 1 zoned land with 200m* direct exposure to Boundary Road
    + Three (3) existing warehouse buildings at a fraction of replacement value total GLA 17,431sqm*
    + Opportunity to strata, refurbish and/or reposition the improvements for higher & better use (stca)
    + Rapidly evolving from core industrial to more retail-orientated use, and emerging "last mile delivery" precinct
    + Proximity to a substantial & affluent residential catchment / skilled workforce
    + Immediately opposite Moorabbin Airport / Chifley Business Park & Costco
    + Prominent corner position with multiple street frontages and numerous existing crossovers
    + Huge versatility / flexible development options suits vast range of users and redevelopment concepts
    + Substantial power supply available onsite
    + Professional land subdivision concept available upon request (stca)

    Dingley's industrial precinct, approximately 22km from the CBD, is underpinned by significant infrastructure upgrades to the road network and evolution of Chifley Business Park offering superior amenity. Join high profile neighbours including Costco, Coca-Cola, Visy, Hella, Decathlon, Bib Stillwell and enjoy the convenience of The Dingley International Hotel

    Don't miss your opportunity to secure such "valuable scale" in what is a severely land constrained industrial market.

    *denotes approx

    Property Highlights

    Date Sold11 Sep 2019
    Sold Price$19,750,000
    Floor Area17,431 m²
    Land Area3.98 ha
    ParkingOn site parking available
    Building TypePartial building
    Property ID2016946580
    Category
    Last updated  19 Apr 2021
    Map for 1-5 Lake Drive Dingley Village VIC 3172

    Property Highlights

    Date Sold11 Sep 2019
    Sold Price$19,750,000
    Floor Area17,431 m²
    Land Area3.98 ha
    ParkingOn site parking available
    Building TypePartial building
    Property ID2016946580
    Category
    Last updated  19 Apr 2021
    Level 34, 8 Exhibition Street Melbourne VIC 3000

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