Offered For Sale/Lease via Expressions of Interest closing Thursday, 16th May 2024 at 3:00pm (AEST), 893 Princes Highway, Springvale is located on the southern side of Princes Highway within the City of Greater Dandenong, approximately 23 kilometres south east of Melbourne's CBD. With excellent access to the Monash Freeway and EastLink, Springvale, Blackburn, Westall and Wellington Road's along with nearby amenity including M-City, Monash University and Springvale Homemaker Centre, 893 Springvale Road is positioned in the centre of the core Eastern commercial and industrial market providing a rare an attractive opportunity to occupy and/or develop whole or part of this substantial land holding.
Opportunity highlights -
• Total site area: 11,442m²*
• 3,308m²* high clearance warehousing
• Flexible office/amenity of 357m²* within warehouse along with an additional single level standalone office of 1,187m²*
• 3 on-grade roller shutter doors (1 extra wide)
• Significant power (on-site substation)
• Ample on-site parking
• Dedicated hardstand/loading area
• 2 x Gantry Cranes
• 40.3% site coverage
• Development upside STCA*
• Passing income of $403,626.10* per annum expiring December 2024
For further information or to request an inspection, please contact your exclusively appointed agents below.
*All areas approximate
**Outlines indicative only