POINT OF INTEREST:
Public Auction Tuesday 28th June 2022 at 12pm on-site
A freestanding asset situated in the City of Whittlesea's bustling industrial precinct, this is a clever investment in tightly held land with plenty of opportunities to refurbish, extend and/or develop. The building itself is a clear-span warehouse with a front office component, including roller-door access, three-phase power, and three car spaces. However, the real prize here is the 650 sqm* of total land primed for bigger ambitions and clever development. Neighbouring businesses vary in industries and purposes from food manufacturing to e-commerce and automotive repairs, which means the future of this site is only limited by your own desire. Sitting as part of an established commercial estate translates to having seamless access to neighbouring clientele and well-considered infrastructure to cater to the traffic. You’re perfectly sandwiched between Western Ring Road, Mahoneys Road, Hume Freeway, and the Metropolitan Ring Road — making accessibility second to none. The action from Sydney Road is only 2.5 km* away, while the 902-bus stop sits 250 m* from your front door — taking you down Mahoneys Road to Keon Park railway station and into the CBD in no time.
300 sqm* building area.
650 sqm* land area.
Industrial 1 zoning.
Three car spaces on site, plus on street.
2.5 km* from the Metropolitan Ring Road entrance.
2.16 km* from Keon Park railway station.
13.8 km* from Melbourne CBD.
POINT OF VIEW:
The North East Link is Victoria’s biggest road project and the largest ever investment in anything above-and-right to the CBD. And with the opportunity to occupy, invest, “value add” or knock down build on 650 sqm* of prime land here, this portfolio addition reflects the magnitude of the worth the area is forecast to gain.
