Crabtrees are pleased to offer for sale this rare opportunity to secure a substantial parcel of land prominently located on the corner of North Road and Milgate Street with frontage to Fulton Street in the booming south east of Melbourne.
Property features:
+ Substantial site of 3,630sqm*
+ 4 separate titles
+ 3 street frontages of 171m*
+ Existing buildings of 1,429sqm* plus adjoining vacant land
+ Short term passing income of $72,526.80 pa approx
+ Zoned Industrial 1
The property is extremely well located on North Road in the very tightly held Oakleigh/Huntingdale industrial area. From this location there is easy access to Wellington Road, Huntingdale Road, Warrigal Road, Blackburn Road, Ferntree Gully Road, Princes Highway, Springvale Road and the Monash M1 Freeway. It is also extremely close to Huntingdale Train Station, Huntingdale Shopping Centre, Monash University, Monash Medical Centre and Chadstone Shopping Centre.
North Road carries a large amount of passing traffic which attracts excellent business exposure evident with major occupying neighbours including Tasman Meats, Coates Hire, Kennard's Storage and Woolworths Service Station. The site is approximately 16km from the CBD.
This is a very rare opportunity to secure a landmark site with enormous potential.
Terms: 10% deposit, balance 30 - 120 days
EXPRESSIONS OF INTEREST CLOSING THURSDAY 15th NOVEMBER 2018 AT 4PM
