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1-5 Lake Drive Dingley Village, VIC 3172

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1-5 Lake Drive,
Dingley Village, VIC 3172

Warehouse, Factory & Industrial • Development Sites & Land

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$19,750,000

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Map of 1-5 Lake Drive

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RARE 3.9HA* INDUSTRIAL 1 ZONED FREEHOLD IN THE HEART OF BAYSIDE

For Sale by Expressions of Interest closing Thursday 4th July at 4pm (AEST).

+ Attention Owner Occupiers - prime "infill" landholding with 3 warehouses
+ Attention Developers – substantial brownfield development opportunity
+ 39,760sqm* of industrial 1 zoned land with 200m* direct exposure to Boundary Road
+ Three (3) existing warehouse buildings at a fraction of replacement value – total GLA 17,431sqm*
+ Opportunity to strata, refurbish and/or reposition the improvements for higher & better use (stca)
+ Rapidly evolving from core industrial to more retail-orientated use, and emerging “last mile delivery” precinct
+ Proximity to a substantial & affluent residential catchment / skilled workforce
+ Immediately opposite Moorabbin Airport / Chifley Business Park & Costco
+ Prominent corner position with multiple street frontages and numerous existing crossovers
+ Huge versatility / flexible development options – suits vast range of users and redevelopment concepts
+ Substantial power supply available onsite
+ Professional land subdivision concept available upon request (stca)

Dingley’s industrial precinct, approximately 22km from the CBD, is underpinned by significant infrastructure upgrades to the road network and evolution of Chifley Business Park offering superior amenity. Join high profile neighbours including Costco, Coca-Cola, Visy, Hella, Decathlon, Bib Stillwell and enjoy the convenience of The Dingley International Hotel

Don’t miss your opportunity to secure such “valuable scale” in what is a severely land constrained industrial market.

*denotes approx

Property ID: 503207422Last Updated: 19 Apr 2021

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1-5 Lake Drive
Dingley Village, VIC 3172
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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