A Mountain of Possibilities! - Short Wale, Value Add, Urban Infill Estate
899 Mountain Highway, Bayswater VIC 3153
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Commercial LandSize: n/a
Block size: 1.98 Hectares approx.
JLL is pleased to exclusively offer for sale, 899 Mountain Highway, Bayswater.
Superbly positioned within a tightly held infill, high-tech, logistics & manufacturing precinct. The property offers exposure to one of the Easts key arterial roads and boasts high class amenities, genuine public transport links as well as proximity to EastLink & the Eastern freeway for ease of access throughout Melbourne's motorway network; underpinning appeal for current and future occupiers.
The 19,800m2 site is improved by five individually titled office/warehouses ranging between 745sq m and 3,124sq m for a total GLA of 10,834sq m.
Features include:
- 19,800sq m* site area
- 10,834sq m* GLA
- 5 x individually titled office/warehouses
- Fully let to 5 tenants with 100% occupancy
- Passing income 42% below assessed market levels
- Short WALE of 1.6years.
- Immediate access to part reversion.
- Suitable for refurbishment, value-add/further development in stages STCA^
For further information, please contact a member of the JLL team.
*All areas are approximate ^subject to council approval.
Superbly positioned within a tightly held infill, high-tech, logistics & manufacturing precinct. The property offers exposure to one of the Easts key arterial roads and boasts high class amenities, genuine public transport links as well as proximity to EastLink & the Eastern freeway for ease of access throughout Melbourne's motorway network; underpinning appeal for current and future occupiers.
The 19,800m2 site is improved by five individually titled office/warehouses ranging between 745sq m and 3,124sq m for a total GLA of 10,834sq m.
Features include:
- 19,800sq m* site area
- 10,834sq m* GLA
- 5 x individually titled office/warehouses
- Fully let to 5 tenants with 100% occupancy
- Passing income 42% below assessed market levels
- Short WALE of 1.6years.
- Immediate access to part reversion.
- Suitable for refurbishment, value-add/further development in stages STCA^
For further information, please contact a member of the JLL team.
*All areas are approximate ^subject to council approval.
Inspections
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Key details
Property type:
Commercial Land
Block Size:
1.98 Hectares*
Other Details
Lot:
CM
Plan:
SP37018
Legal description:
CM\SP37018
Maps and area information
Block information
Block size: 1.98Hectares (approx)
Legal description: CM\SP37018
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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SummaryMedian sales
Average Age
40 years
Population
12,262
Listing ID: 182327965. This listing has been viewed 0 times. It was first displayed on 26/02/2024 and last updated on 26/02/2024.
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.