Sell with Confidence
Read More
Land/Development for Sale

Somerton VIC 3062

Contact Agent
  • Building: 1,100m²
  • Land: 1.3482 ha (3.33 acres)

Contact the agent if you'd like further information.

Enquire with Agent

Land/Development for Sale in Somerton

Growth Corridor Development Opportunity with Upside

  • Building: 1,100m²
  • Land: 1.3482 ha (3.33 acres)

This high exposure dual frontage site boasts a total of 167 metres* of street frontage.

Strategically located on the Hume corridor which is the predominant corridor for road and
rail freight transported into and out of Victoria, the property has excellent access to major arterial connections including the Hume Highway, Hume Freeway as well as the Western and Metropolitan Ring Roads, with their associated linkages.

Property Details
- Total land area 13,482m2*
- Two titles (8,044m2* and 5,438m2*)
- Dual street frontages totaling 167 metres* including frontage to the Hume Highway
- Existing improvements: Operating truck wash business consisting of 1,100* square metres
of buildings plus hardstand area and a mobile phone tower, leased to Telstra
- Immediate income stream from the existing, well established business and phone tower if purchased for owner occupation or, substantial holding income for developers
- Opportunity for partial or full redevelopment (STPA), or land banking
- Zoned Industrial 1

The Location
- Melbourne CBD 40 minutes*
- Melbourne Airport 20 minutes*
- Hume Freeway under 7kms*
- Melbourne Wholesale Fruit & Vegetable Market 5.5kms*

This unique property is situated opposite the new 60,000m2* Bluestar Logistics facility on
the Hume Highway and close to the Austrak Business Park which is a 320 acre* Multi-Modal
Freight Terminal with national tenants such as the 74,000m2* Coles national distribution
centre, the 43,000m2* Kraft/Linfox distribution centre as well as Qube Logistics, Boral and
the Labelmakers Group.

Opportunities to acquire significant land holdings such as this are becoming rare. Your
serious consideration is strongly recommended.

For more further information or to arrange an inspection, please contact the exclusive selling agent, Ray White Commercial - Preston.

*Approx.

Building:

1,100m²

Land:

1.3482 ha / 3.33 acres

Zone:

Industrial 1

Tenancy:

Vacant

Categories:

Land/Development, Industrial/Warehouse, Other

Due diligence checklist for home and residential property buyers

Somerton, VIC 3062
Contact

Agents

  • Loading...
  • Loading...