INVEST OR DEVELOP – MAJOR 5,778SQM* GATEWAY SITE
THE PROPERTY
+ Landmark 5,778sqm* corner site with combined frontage of 143m*
+ Eight existing tenancies, across a GLA of 3,306sqm* providing strong passing net income of $505,939* per annum, WALE OF 2.2 years
+ Nominated as a key strategic development site with the most favourable height allowance (89m AHD) over any other property within the Activity Centre
THE LOCATION
+ Prime Activity Centre Zone location opposite Greensborough Plaza, featuring Coles, Kmart, Target and other major retailers
+ Located within a high-performing retail precinct with zero vacancy
+ Close proximity to major universities including RMIT Bundoora (4km*) and La Trobe (5km*)
+ Only 100m* to Greensborough Train Station linking directly to the Melbourne CBD in 38minutes*
+ Situated in a picturesque north-eastern suburb of Melbourne which has experienced 13% capital growth in median house price and 10% unit price growth over the past 12 months
EXPRESSIONS OF INTEREST NOW CLOSED
For information please contact the CBRE team to register your interest.
Julian White
+61 422 764 137
David Minty
+61 422 564 199
Kevin Tong
+61 422 848 818
*approx
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