1059 - 1065 Western Highway,
Ravenhall, VIC 3023
Development Sites & Land • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
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Map of 1059 - 1065 Western Highway
Train stations within 5 km of 1059 - 1065 Western Highway, Ravenhall, VIC 3023 Distance Caroline Springs Station 1.3 km Deer Park 2.7 km St Albans Station 4.8 km POWERED BY HERE ©Bus stops within 5 km of 1059 - 1065 Western Highway, Ravenhall, VIC 3023 Distance Burnside Shopping Centre/Westwood Dr (Burnside) 632 m Westwood DrWestern Hwy 647 m Torowatta Pl/Westwood Dr (Burnside) 703 m Emerald Ct/Chisholm Dr (Burnside) 733 m Opp 38 Chisholm Dr 746 m POWERED BY HERE ©
POWERED BY HERE ©
11,600sqm 'Super Site' Adjoining Bunnings | Short Term Leases - Ripe For Development
- Significant 158m Combined Frontage
- Flexible Industrial 3 Zoning
- Holding Income - Bursons Auto & More
Burgess Rawson are delighted to exclusively present to market 1059 - 1065 Western Highway & 14 & 14B Rebecca Drive, Ravenhall (Caroline Springs) VIC for sale via Private Treaty.
This opportunity has the following key highlights:
+ Generational opportunity to purchase a rare 11,600sqm* landholding in a tightly held Large Format Retail and Industrial precinct.
+ Flexible Industrial 3 Zoning combined with low site coverage of 8% suits significant LFR and/or light industrial development.
+ Significant 158 metres* dual frontage to Western Highway (Ballarat Road) with 48,480 vehicles passing and Rebecca Drive.
+ Underpinned by relatively short term leases to well-established and longstanding tenants, Burson Auto Parts, Ace Mechanical Repairs, Great Escape Caravans and C&A Towing providing valuable holding income.
+ Strategic Location: Neighbouring Bunnings and adjacent to Burnside Hub Shopping Centre (Coles, Aldi + 18 specialty stores), Burnside Park Hub (Guzman Y Gomez, JB Hi Fi, Baby Bunting and more) and Westsprings Central (28 specialty stores).
+ Strong Development Precedent: surrounded by recently completed LFR and proposed LFR & QSR development.
+ Unparalleled transport access via Western Highway directly linking to the Western Freeway and Western Ring Road.
+ Only 1.2 kilometres* from Caroline Springs Railway Station and 4 kilometres* from Victoria University (St Albans Campus).
+ City of Melton: Australia’s fastest growing LGA, home to 217,242 people, with this figure anticipated to surge to 440,142 by 2051, an increase in 102%.**
+ Opportunity for developers, owner occupiers & or investors to take advantage of extremely low industrial vacancy rates (1.2%)*** and record high rental growth.
For Sale by Private Treaty.
For further information, please contact Burgess Rawson.
*Approx
**Forecast.id
***Urban Property Australia
This opportunity has the following key highlights:
+ Generational opportunity to purchase a rare 11,600sqm* landholding in a tightly held Large Format Retail and Industrial precinct.
+ Flexible Industrial 3 Zoning combined with low site coverage of 8% suits significant LFR and/or light industrial development.
+ Significant 158 metres* dual frontage to Western Highway (Ballarat Road) with 48,480 vehicles passing and Rebecca Drive.
+ Underpinned by relatively short term leases to well-established and longstanding tenants, Burson Auto Parts, Ace Mechanical Repairs, Great Escape Caravans and C&A Towing providing valuable holding income.
+ Strategic Location: Neighbouring Bunnings and adjacent to Burnside Hub Shopping Centre (Coles, Aldi + 18 specialty stores), Burnside Park Hub (Guzman Y Gomez, JB Hi Fi, Baby Bunting and more) and Westsprings Central (28 specialty stores).
+ Strong Development Precedent: surrounded by recently completed LFR and proposed LFR & QSR development.
+ Unparalleled transport access via Western Highway directly linking to the Western Freeway and Western Ring Road.
+ Only 1.2 kilometres* from Caroline Springs Railway Station and 4 kilometres* from Victoria University (St Albans Campus).
+ City of Melton: Australia’s fastest growing LGA, home to 217,242 people, with this figure anticipated to surge to 440,142 by 2051, an increase in 102%.**
+ Opportunity for developers, owner occupiers & or investors to take advantage of extremely low industrial vacancy rates (1.2%)*** and record high rental growth.
For Sale by Private Treaty.
For further information, please contact Burgess Rawson.
*Approx
**Forecast.id
***Urban Property Australia
Property ID: 504531764Last Updated: 21 Oct 2024
1059 - 1065 Western Highway
Ravenhall, VIC 3023
Detailed listing
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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