A vacant industrial and commercial building complex like no other in Victoria's northeast is being offered for sale and is likely to be a real bonus for the right user or buyer.
The building complex located in the vibrant north east township of Myrtleford has an area under roof of over 22,000 square metres - all Colorbond clad, steel framed high internal clearance warehousing or manufacturing space, complete with multiple roller door access points, high density premixed concrete floors and foundations, a high capacity 1000 KVA power supply, reticulated water systems, even the 5.8 hectare, or 14.4 acre single titled garden site has perimeter electric wired steel security fencing and a secure entry.
There are also substantial office and staff amenities.
The property at 235 Myrtleford -Yackandandah Road Myrtleford was constructed in 1996 by Philip Morris Australia when that company was a dominant player in the Ovens Valley's $130 million tobacco growing industry.
The building was constructed by Philip Morris Australia as the leaf drying facilities, display and selling floor for a major portion of the districts then thriving tobacco growing and farming sector which ended by 2006.
The property was then sold to a group which imported from India a flour and grain milling plant manufactured by Bansal, a leading Indian milling company.
There is the option to purchase the flour mill in place which may be capable of reinstatement if that interested a purchaser. The plant which remains on site occupies only a modest area of the under roof area and operated from 2013 to 2019.
The building complex presents in a sound usable condition, partly in response to the strong site security and with a resident in place since the grains milling ceased. The infrastructure has not been vandalised and could be reinstated for an appropriate purpose by a user-purchaser, or an investor. Alternately there are multiple other potential uses for the buildings and services.
The building services that are still in place bring the potential to subdivide into smaller components, or specialty uses such as manufacturing, distribution, or high volume storage appeals (STCA).
The substantial roof area of over five acres there could be significant solar power potential.
The buildings offer easy accessibility with the multiple roller door points and diversity of reticulated services.
The property is located in an industrial area also containing a large road transport business and a timber plywood mill on the perimeter of the Myrtleford township (population in excess of 3,000) with main local road frontage, including turning bay access.
The site location is about two kilometres from the well serviced Myrtleford township centre (adjacent to sporting and recreational facilities), the town being an important residential and tourism destination in the Alpine Shire (headquartered in nearby Bright) and enroute to the Mt Hotham and Dinner Plain destination resorts.
The location is about thirty minutes east of the Hume Freeway where the access is from the Snow Road via Milawa.
The buildings comprise the main building of approximately 16,000 square metres while at its rear are four further standalone steel framed, concrete floored high clearance units, each about 2,000 metres, all with multiple roller door points.
For more information and a recommended appointment to inspect contact Elders Real Estate via their Wangaratta based agent Michael Everard on 0409 653 161.
