Commanding Main Road Occupier Opportunity with Development Upside
893 Princes Highway, Springvale VIC 3171
EOI 16/05/24
IndustrialSize: n/a
Block size: 1.14 Hectares approx.
Offered For Sale/Lease via Expressions of Interest closing Thursday, 16th May 2024 at 3:00pm (AEST), 893 Princes Highway, Springvale is located on the southern side of Princes Highway within the City of Greater Dandenong, approximately 23 kilometres south east of Melbourne's CBD. With excellent access to the Monash Freeway and EastLink, Springvale, Blackburn, Westall and Wellington Road's along with nearby amenity including M-City, Monash University and Springvale Homemaker Centre, 893 Springvale Road is positioned in the centre of the core Eastern commercial and industrial market providing a rare an attractive opportunity to occupy and/or develop whole or part of this substantial land holding.
Opportunity highlights -
• Total site area: 11,442m²*
• 3,308m²* high clearance warehousing
• Flexible office/amenity of 357m²* within warehouse along with an additional single level standalone office of 1,187m²*
• 3 on-grade roller shutter doors (1 extra wide)
• Significant power (on-site substation)
• Ample on-site parking
• Dedicated hardstand/loading area
• 2 x Gantry Cranes
• 40.3% site coverage
• Development upside STCA*
• Passing income of $403,626.10* per annum expiring December 2024
For further information or to request an inspection, please contact your exclusively appointed agents below.
*All areas approximate
**Outlines indicative only
Opportunity highlights -
• Total site area: 11,442m²*
• 3,308m²* high clearance warehousing
• Flexible office/amenity of 357m²* within warehouse along with an additional single level standalone office of 1,187m²*
• 3 on-grade roller shutter doors (1 extra wide)
• Significant power (on-site substation)
• Ample on-site parking
• Dedicated hardstand/loading area
• 2 x Gantry Cranes
• 40.3% site coverage
• Development upside STCA*
• Passing income of $403,626.10* per annum expiring December 2024
For further information or to request an inspection, please contact your exclusively appointed agents below.
*All areas approximate
**Outlines indicative only
Inspections
No open inspections scheduled.
Send an enquiry
Contact Jonathan Mercuri to learn more about this property, request an inspection or take an online tour.
Key details
Garage Spaces:
40
Property type:
Industrial
Block Size:
1.14 Hectares*
Other Details
Lot:
3
Plan:
LP134386
Legal description:
3\LP134386
Maps and area information
Block information
Block size: 1.14Hectares (approx)
Legal description: 3\LP134386
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
We couldn't find any history for this property.
See Springvale's suburb profile
Springvale suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
37 years
Population
22,174
Listing ID: 182451785. This listing has been viewed 0 times. It was first displayed on 16/04/2024 and last updated on 16/04/2024.
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.