1485 South Gippsland Highway,
Cranbourne, VIC 3977
Warehouse, Factory & Industrial • Development Sites & Land
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 1485 South Gippsland Highway
Three year WALE with development upside
- Two street frontages (totalling 255m)
- Future developable land: 1.3051Ha
- WALE 3 yrs + one month from close of EOI
1485 South Gippsland Highwy, and 1-4, 13-27 Cameron Street & 29 Cameron Street, Cranbourne
EOI closing Wednesday 14 June, 2pm at 6 Clow Street, Dandenong
Located 43 kilometres from the CBD, this exceptional investment with development upside enjoys frontages to both South Gippsland Hwy and Cameron Street.
Situated immediately east of the Cranbourne racecourse and training complex, the Royal Botanic Gardens and adjacent the Cranbourne RSL, the site holds a valuable position and is made all the more desirable via four established and thriving tenancies.
Erected on the land are five buildings, ranging in size from 240m² to 2,351m².
The largest tenancy at 1485 South Gippsland Highway is a stand-alone building with excellent access from the slip lane off the Highway and a second common driveway accessed via Cameron Street. Units 1-4, 13-27 Cameron Street, are a collection of three tenancies located upon four titles. All buildings have corrugated galvanised iron (CGI) or metal deck roofs and either CGI or brick walls and are accessed via concrete driveways and Roller Shutter Doors.
There is a further vacant parcel of land located at 29 Cameron Street which boasts a 50 metre frontage and a 70 metre depth (approx.) having a total area of approximately 3,489m².
This offering represents an outstanding opportunity to acquire a substantial property with two street frontages, development upside and impressive holding income.
EOI closing Wednesday 14 June, 2pm at 6 Clow Street, Dandenong
Located 43 kilometres from the CBD, this exceptional investment with development upside enjoys frontages to both South Gippsland Hwy and Cameron Street.
Situated immediately east of the Cranbourne racecourse and training complex, the Royal Botanic Gardens and adjacent the Cranbourne RSL, the site holds a valuable position and is made all the more desirable via four established and thriving tenancies.
Erected on the land are five buildings, ranging in size from 240m² to 2,351m².
The largest tenancy at 1485 South Gippsland Highway is a stand-alone building with excellent access from the slip lane off the Highway and a second common driveway accessed via Cameron Street. Units 1-4, 13-27 Cameron Street, are a collection of three tenancies located upon four titles. All buildings have corrugated galvanised iron (CGI) or metal deck roofs and either CGI or brick walls and are accessed via concrete driveways and Roller Shutter Doors.
There is a further vacant parcel of land located at 29 Cameron Street which boasts a 50 metre frontage and a 70 metre depth (approx.) having a total area of approximately 3,489m².
This offering represents an outstanding opportunity to acquire a substantial property with two street frontages, development upside and impressive holding income.
Property ID: 502411782Last Updated: 27 Aug 2017
04193868...
1485 South Gippsland Highway
Cranbourne, VIC 3977
Facey Property - 10A EJ Court
DANDENONG SOUTH, VIC 3175
DANDENONG SOUTH, VIC 3175
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.