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197 Hutton Road
Keysborough VIC 3173
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Sold on 27 Mar 2023

197 Hutton Road Keysborough VIC 3173

  • Development / Land
  • 5,414 m²
  • Sold

Commercial Landholding Adjoining Dominant Woolworths Shopping Centre

  • Adjoining Woolworths & BP
  • Commercial 1 Zoning
  • Suits Retail, Childcare, Fast Food

Stonebridge Property Group is pleased to present for sale 197 Hutton Road, Keysborough.

The 5,414 sqm* landholding is positioned adjoining the Keysborough South Shopping Centre on the corner of Chapel Road and Hutton Road. The Shopping Centre is anchored by a Woolworths Supermarket with supporting national tenants including BP, McDonalds, BWS and Dominos.

The key highlights of the opportunity include:

- Total landholding of 5,414 sqm* across a relatively flat land parcel

- Majority zoned Commercial 1 (C1Z) allowing for a multiple of high-quality development outcomes namely, retail, childcare, fast-food, medical or alternative uses (STCA)

- The property is surrounded by established national and local specialty groups and adjoining Keysborough South Shopping Centre. The centre is anchored by Woolworths, BWS, McDonalds, BP and supported by a series of specialty shops namely, Dominos, TSG, Key's Medical Centre and Pharmacy 4 less. This provides the opportunity to join a highly successful centre in a rapid growing precinct of Melbourne

- The property benefits from major exposure to consistent retail foot traffic leveraging from neighbouring retail trade

- Direct vehicle crossover on-title to Hutton Road a major suburban arterial with exposure to 12,000^ daily passing vehicles, and providing access to Eastlink

- Neighbouring Chapel Park, a brand new mixed-used development injecting 110 brand new town homes and further activating the precinct.

- Median house price of $1,010,000^^ (above median Melbourne sale price)

- Previously permit approved for 231 place childcare centre

* Approximately
^VicRoads
^^REIV

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Julian White
0422 764 137

Chao Zhang
0411 625 068

Max Warren
0488 296 892

Property Code: 578

Property Highlights

Date Sold27 Mar 2023
Floor AreaAsk Agent
Land Area5,414 m²
ParkingAsk Agent
Property ID2018328637
Category
Last updated  3 Apr 2023
Map for 197 Hutton Road Keysborough VIC 3173

Property Highlights

Date Sold27 Mar 2023
Floor AreaAsk Agent
Land Area5,414 m²
ParkingAsk Agent
Property ID2018328637
Category
Last updated  3 Apr 2023

Co-Agents

Julian White
Julian White
Stonebridge Property Group VIC
Call
+61 422 764 137
Chao Zhang 张超
Chao Zhang 张超
Stonebridge Property Group VIC
Call
+61 411 625 068
Max Warren
Max Warren
Stonebridge Property Group VIC
Call
+61 488 296 892

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