Existing Showroom/Warehouse with Permit Approved For 3 Mixed-Use Building
127-145 Fairy Street & 239 Lava Street, Warrnambool VIC 3280
By Negotiation
Commercial LandSize: n/a
Block size: 4481 m² approx.
Cushman & Wakefield Melbco Development Sites, in conjunction with Roger Cussen are excited to present for sale 127145 Fairy Street & 239 Lava Street, Warrnambool.
Warrnambool is situated on the world-famous Great Ocean Road on the Surf Coast of Victoria. It is the eighth-largest city in regional Victoria in terms of population home to over 35,000 people. The site provides developers and investors a permit approved mixed-use scheme for three interconnecting buildings. Potential to develop 57-apartments, 84-serviced apartments, commercial office and retail.
Large land area 4,481 sqm* (9 titles to be sold in-one-line)
Warrnambool CBD location | former car showroom and warehouse currently vacant
Permit approved for 3 inter-connecting buildings
Potential to build 57 apartments, 84 serviced apartments, commercial office plus retail
Previous Heads of Agreement signed with leading serviced apartment operator for a 10-year lease
Warrnambool sits equidistant from 3 major cities including Ballarat, Mount Gambier and Gelong, all within 1.5 hours drive and 225 km's from Melbourne's CBD
1-hour drive from the world famous 12 Apostles along the Great Ocean Road
Warrnambool benefits from over 700,000 tourists visiting each year
The city is the region's main service centre for retail, business services, health and education
Warrnambool has an economic output of $5.03 billion
The population is forecast to reach 50,000 by 2036 (increasing 41%)
Health Care & Social Assistance is Warrnambool's largest employment sector, supporting an estimated 4,323 jobs
*Approx
For Sale by Expressions of Interest closing 21 March 2024 Aat 12pm (AEDT).
For more information on this opportunity, please contact the Melbco Development Sites team today.
Marcus Neill | 0452 405 782
In Conjunction with Roger Cussen
Roger Cussen | 0409 389 080
Warrnambool is situated on the world-famous Great Ocean Road on the Surf Coast of Victoria. It is the eighth-largest city in regional Victoria in terms of population home to over 35,000 people. The site provides developers and investors a permit approved mixed-use scheme for three interconnecting buildings. Potential to develop 57-apartments, 84-serviced apartments, commercial office and retail.
Large land area 4,481 sqm* (9 titles to be sold in-one-line)
Warrnambool CBD location | former car showroom and warehouse currently vacant
Permit approved for 3 inter-connecting buildings
Potential to build 57 apartments, 84 serviced apartments, commercial office plus retail
Previous Heads of Agreement signed with leading serviced apartment operator for a 10-year lease
Warrnambool sits equidistant from 3 major cities including Ballarat, Mount Gambier and Gelong, all within 1.5 hours drive and 225 km's from Melbourne's CBD
1-hour drive from the world famous 12 Apostles along the Great Ocean Road
Warrnambool benefits from over 700,000 tourists visiting each year
The city is the region's main service centre for retail, business services, health and education
Warrnambool has an economic output of $5.03 billion
The population is forecast to reach 50,000 by 2036 (increasing 41%)
Health Care & Social Assistance is Warrnambool's largest employment sector, supporting an estimated 4,323 jobs
*Approx
For Sale by Expressions of Interest closing 21 March 2024 Aat 12pm (AEDT).
For more information on this opportunity, please contact the Melbco Development Sites team today.
Marcus Neill | 0452 405 782
In Conjunction with Roger Cussen
Roger Cussen | 0409 389 080
Inspections
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Key details
Property type:
Commercial Land
Block Size:
4481 m²*
Other Details
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Block information
Block size: 4481m² (approx)
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SummaryMedian sales
Average Age
44 years
Population
31,308
Listing ID: 181654527. This listing has been viewed 16 times. It was first displayed on 25/05/2023 and last updated on 21/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.