60 Malvern Street Bayswater VIC 3153
- Industrial / Warehouse
- 720 m²
- Expressions of Interest
Development Opportunity with Income
Colliers International is delighted to offer for sale via expressions of interest closing Wednesday 3rd July at 4pm, 60 Malvern Street, Bayswater. Situated on an approximate site area of 2,612sqm are two office warehouses approximately 720sqm, both of which are fully let to The Superior Door Company who have been occupying the facility for over 15 years and returning $51,456 per annum net.
Accompanying the dual street frontage unit investment is an approximate 1,980sqm vacant parcel of industrial zone 1 land. Containing over 52m of street frontage to Jersey Road, the regular shaped block is prime for development for both owner occupiers and developers.
The site is located in the heart of Bayswaters commercial and industrial precinct only 28kms east of the Melbourne CBD. This position is highly sought after as it is one of the last undeveloped lots with direct road frontage and dual street frontage to Jersey Road and Malvern Street.
EXPRESSION OF INTEREST
|Closing date and time||03/07/2019 12:00|
|Recipient name||Richard Wilkinson|
|Delivery address||Level 7, Chadstone Tower One, 1341 Dandenong Road, Chadstone, VIC 3148, Australia|
|Floor Area||720 m²|
|Land Area||2,612 m²|
|Parking||On site parking available|
|Annual Return||Ask Agent|
|Last updated||4 Jun 2019|