153 Centre Dandenong Road,
Cheltenham, VIC 3192

A well located industrial property located at 153 Centre Dandenong Road Cheltenham only 1 holding east of the Warrigal Road intersection will be auctioned by Malcolms Estate Agents at 11am on Friday 24 July. Set before a passing parade of tens of thousands of vehicles a day, this prominent site close to DFO and Moorabbin airport is a great chance to get exposed! Zoned Business 1 with parking at the front and currently used for manufacturing, the possibilities for the 386sq.m. (approx) property are almost endless. Featuring 2 work areas, roller door and shopfront access, an office and kitchenette and toilet facilities, this is a site to behold close to the intersection with Warrigal Rd! Expected to realise in the mid to high $300,000 range, the property presents an opportunity for a tradesman or trades based business to acquire a workshop-style property with additional areas that have been used as showroom and office space, together with staff amenities. Malcolms licensed estate agent Frank Hellier notes that the property with a 15.24m (approx) frontage to Centre Dandenong Road has the building set back from the street boundary, offering off street parking space on the concrete forecourt for up to 4 vehicles. Mr Hellier says the building is an older style saw-tooth roof brick factory building with roller door access and is being offered for sale by auction with vacant possession. "The building has been occupied for many years by a business that builds timber garden gazebos. The business has been sold and is being relocated, so the sale of the freehold is to complete the realisation of a family estate. The previous facilities utilised on the site included a woodworking establishment which drew upon the 3 phase power connection to the property. I consider this property to represent a real 'tradies' opportunity to capitalise upon the excellent location, the existing facilities and the exposure that the prominent main road position offers."