Significant Redevelopment Or Land Banking Opportunity With Holding Income
Ray White Commercial - Preston is pleased to offer 95 Heyington Avenue (incoporating 25 & 27 Brock Street), Thomastown for sale by Public Auction on-site on Friday 27th March at 12 noon.
Thomastown is regarded as the Bulky Goods precinct of the north, with major retailers including Bunnings Warehouse, Harvey Norman, The Good Guys, JB Hi-Fi, Total Tools, Fantastic Furniture, Baby Buntings, Petbarn, Forty Winks and many more, trading in the area.
The Opportunity
Land area 6,429 sqm*
Total Building Area 2,344 sqm*
Two Street frontages
5 separate short-term tenancies
Solid holding income
Zoned Industrial 1
The Location
700 metres* to the Metropolitan Ring Road
400 metres* to Dalton Road
1 kilometre* to Settlement Road
18 kilometres* north of Melbourne's CBD
Over recent years a number of successful industrial developments have been undertaken in the Thomastown area, which have all been very well received by purchasers and tenants alike, indicating a continuing strong appetite for smaller warehouses in the 100 sqm - 500 sqm range.
Opportunities such as this are becoming very rare. Call today for more information.
Ray White Commercial - Preston is pleased to offer 95 Heyington Avenue (incoporating 25 & 27 Brock Street), Thomastown for sale by Public Auction on-site on Friday 27th March at 12 noon.
Thomastown is regarded as the Bulky Goods precinct of the north, with major retailers including Bunnings Warehouse, Harvey Norman, The Good Guys, JB Hi-Fi, Total Tools, Fantastic Furniture, Baby Buntings, Petbarn, Forty Winks and many more, trading in the area.
The Opportunity
Land area 6,429 sqm*
Total Building Area 2,344 sqm*
Two Street frontages
5 separate short-term tenancies
Solid holding income
Zoned Industrial 1
The Location
700 metres* to the Metropolitan Ring Road
400 metres* to Dalton Road
1 kilometre* to Settlement Road
18 kilometres* north of Melbourne's CBD
Over recent years a number of successful industrial developments have been undertaken in the Thomastown area, which have all been very well received by purchasers and tenants alike, indicating a continuing strong appetite for smaller warehouses in the 100 sqm - 500 sqm range.
Opportunities such as this are becoming very rare. Call today for more information.
Land: 6,429m² / 1.59 acres
Zone: Industrial 1