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1059 - 1065 Western Highway Ravenhall, VIC 3023

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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

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  • Train stations within 5 km of 1059 - 1065 Western Highway, Ravenhall, VIC 3023Distance
    Caroline Springs Station1.3 km
    Deer Park2.7 km
    St Albans Station4.8 km
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  • Bus stops within 5 km of 1059 - 1065 Western Highway, Ravenhall, VIC 3023Distance
    Burnside Shopping Centre/Westwood Dr (Burnside)632 m
    Westwood DrWestern Hwy647 m
    Torowatta Pl/Westwood Dr (Burnside)703 m
    Emerald Ct/Chisholm Dr (Burnside)733 m
    Opp 38 Chisholm Dr746 m
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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

Property ID: 504531764Last Updated: 20 Nov 2024

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1059 - 1065 Western Highway
Ravenhall, VIC 3023

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