1059 - 1065 Western Highway,
Ravenhall, VIC 3023
Development Sites & Land • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Price information
Sale - Expression of Interest
Contact Agent
Detailed listing
Key property information
Land area
Floor area
Property extent
Tenure type
Private inspections
to arrange a private inspection.
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: 20 Nov 2024
1059 - 1065 Western Highway
Ravenhall, VIC 3023
Detailed listing
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
11 Prima Court,Ravenhall, VIC 3023 1 m²Warehouse, Factory & Industrial • Development Sites & Land
Contact Agent
515 & 715 Dohertys Road,Truganina, VIC 3029 4.15 ha (10.25 acres)Development Sites & Land