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LAND/1485 South Gippsland Highway
Cranbourne VIC 3977
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Sold on 21 Jun 2017

LAND/1485 South Gippsland Highway Cranbourne VIC 3977

  • Factory, Warehouse & Industrial
  • 1.31 ha
  • Sold

Three year WALE with development upside

1485 South Gippsland Highwy, and 1-4, 13-27 Cameron Street & 29 Cameron Street, Cranbourne

EOI closing Wednesday 14 June, 2pm at 6 Clow Street, Dandenong

Located 43 kilometres from the CBD, this exceptional investment with development upside enjoys frontages to both South Gippsland Hwy and Cameron Street.

Situated immediately east of the Cranbourne racecourse and training complex, the Royal Botanic Gardens and adjacent the Cranbourne RSL, the site holds a valuable position and is made all the more desirable via four established and thriving tenancies.

Erected on the land are five buildings, ranging in size from 240m² to 2,351m².
The largest tenancy at 1485 South Gippsland Highway is a stand-alone building with excellent access from the slip lane off the Highway and a second common driveway accessed via Cameron Street. Units 1-4, 13-27 Cameron Street, are a collection of three tenancies located upon four titles. All buildings have corrugated galvanised iron (CGI) or metal deck roofs and either CGI or brick walls and are accessed via concrete driveways and Roller Shutter Doors.

There is a further vacant parcel of land located at 29 Cameron Street which boasts a 50 metre frontage and a 70 metre depth (approx.) having a total area of approximately 3,489m².

This offering represents an outstanding opportunity to acquire a substantial property with two street frontages, development upside and impressive holding income.

EXPRESSION OF INTEREST

Closing date and timeAsk Agent
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Date Sold21 Jun 2017
Floor AreaAsk Agent
Land Area1.31 ha
ParkingAsk Agent
Property ID2013612917
Category
Last updated  12 Jul 2017
Map for LAND/1485 South Gippsland Highway Cranbourne VIC 3977

Property Highlights

Date Sold21 Jun 2017
Floor AreaAsk Agent
Land Area1.31 ha
ParkingAsk Agent
Property ID2013612917
Category
Last updated  12 Jul 2017

Listed by

Mark Bond
Mark Bond
Facey Property
Call
0419 386 882

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