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Acacia Park, 75 Acacia Road,
Ferntree Gully, VIC 3156
Development Sites & Land • Warehouse, Factory & Industrial
Price information
Sale - Expression of Interest
$9,000,000 - $9,900,000
Detailed listing
Key property information
Land area
Floor area
Tenure type
Private inspections
to arrange a private inspection.
Jones Real Estate - Australia
Level 8, 1 Elizabeth StreetMELBOURNE, VIC 3000
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Acacia Park, 75 Acacia Road
Ferntree Gully, VIC 3156
Detailed listing
Map of Acacia Park, 75 Acacia Road
Train stations within 5 km of Acacia Park, 75 Acacia Road, Ferntree Gully, VIC 3156 Distance Upper Ferntree Gully Station 627 m Ferntree Gully Station 1.3 km Upwey Station 3 km Boronia Station 3.9 km Tecoma Station 4.1 km POWERED BY HERE ©Bus stops within 5 km of Acacia Park, 75 Acacia Road, Ferntree Gully, VIC 3156 Distance Acacia Rd/Burwood Hwy (Ferntree Gully) 227 m Forest Oak Dr/Burwood Hwy (Upper Ferntree Gully) 253 m Hilltop Rd/Burwood Hwy (Upper Ferntree Gully) 427 m Ferntree Gully Hotel/Burwood Hwy (Ferntree Gully) 434 m Brenock Park Dr 551 m POWERED BY HERE ©
POWERED BY HERE ©
PERMIT APPROVED INDUSTRIAL LAND BANK WITH SIGNIFICANT HOLDING INCOME
- APPROVED TO DEVELOP 21 FACTORIES
- RARE INFILL LOCATION
- NO LOCAL COMPETITION
Jones Real Estate, on behalf of our private client, are incredibly proud to be entrusted with the sale of this permit approved industrial development site in Melbourne's revered eastern precinct.
With limitless options available, this prime landholding offers the ability to immediately develop, thanks to a Stephen D'Andrea designed planning permit in addition to holding income.
Acacia Park, 75 Acacia Road, Ferntree Gully is For Sale via Expressions of Interest closing Wednesday 24th July 2024 at 12pm (AEST).
Key highlights of this opportunity include:
- This property will be sold permit-approved for the development of 21 warehouses, covering a net saleable area of 6,820 sqm*. This presents a ready-to-go opportunity for immediate development in a high-demand location.
- Located within a robust residential workforce catchment, offering easy access to key amenities including local shopping centres, parks, and other retail establishments.
- Currently leased on a short-term basis. The property generates a substantial holding income of $404,824.16 per annum plus GST & Outgoings.
- With its substantial land size, strategic location, and development approval, Acacia Park represents a remarkable opportunity for significant long-term growth. Investors can capitalise on the area's growing demand for industrial space, driven by its accessibility and the surrounding community and logistics infrastructure.
*Approx.
For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
With limitless options available, this prime landholding offers the ability to immediately develop, thanks to a Stephen D'Andrea designed planning permit in addition to holding income.
Acacia Park, 75 Acacia Road, Ferntree Gully is For Sale via Expressions of Interest closing Wednesday 24th July 2024 at 12pm (AEST).
Key highlights of this opportunity include:
- This property will be sold permit-approved for the development of 21 warehouses, covering a net saleable area of 6,820 sqm*. This presents a ready-to-go opportunity for immediate development in a high-demand location.
- Located within a robust residential workforce catchment, offering easy access to key amenities including local shopping centres, parks, and other retail establishments.
- Currently leased on a short-term basis. The property generates a substantial holding income of $404,824.16 per annum plus GST & Outgoings.
- With its substantial land size, strategic location, and development approval, Acacia Park represents a remarkable opportunity for significant long-term growth. Investors can capitalise on the area's growing demand for industrial space, driven by its accessibility and the surrounding community and logistics infrastructure.
*Approx.
For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
Property ID: 504619884Last Updated: 21 Jun 2024
Jones Real Estate - AustraliaLevel 8, 1 Elizabeth Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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