***SOLD***
Gross Waddell ICR is pleased to offer for sale 1232 & 1234 Sydney Road, Fawkner, a high-exposure industrial landholding comprising two titles offered in one line, positioned along one of Melbourne’s key arterial roads.
Located directly opposite Fawkner Cemetery, this strategically positioned property benefits from exceptional passing traffic, outstanding visibility, and seamless access to Melbourne’s northern, western and CBD markets. The site is currently improved with a total building area of 340 sqm*approx and is tenanted by two separate occupants, both subject to development break lease clauses, providing flexibility for investors, owner-occupiers or developers.
With Industrial 3 zoning (IN3Z), low site coverage and strong Sydney Road frontage, the property presents a rare opportunity to secure a versatile holding with immediate income and genuine long-term development upside (STCA).
Key Property Highlights
• Two titles offered in one line
• Combined land area: 1,373 sqm*approx
• Total building area: 340 sqm*approx
• Low site coverage with future development upside (STCA)
• Prominent Sydney Road exposure with strong passing traffic
• Industrial 3 Zoning (IN3Z)
• Currently tenanted with development break lease clauses^
• Excellent access to the Western Ring Road and Melbourne’s major arterials
Auction:
Wednesday 4th March at 12:00pm (Onsite)
Sales Terms:
• 10% deposit
• 60-day settlement
For further information or to arrange a private inspection, please contact the exclusive industrial sales agents from Gross Waddell ICR.
*Approx.
^Due Diligence
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