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19-23 Hereford Road, Mount Evelyn, VIC 3796
Mount Evelyn
Burgess Rawson from CBRE and Teska Carson are delighted to offer to the market 19-23 Hereford Road, Mount Evelyn (Melbourne) VIC for sale via Private Treaty.
The property has the following key highlights:
+ Irreplaceable 5,014 sqm* supersite with valuable 103m* frontage to Hereford Road, a major connecting arterial road.
+ Permit approved for 104 place childcare Centre on approx. 43% of the site - Childcare Provision across the catchment is around half the metropolitan average demonstrating the demand for this use.
+ Development scheme included to build QSR / Fast Food in addition to permitted childcare centre.
+ Existing 3,827 sqm* building improvements include large ground floor recreation centre / warehouse (3,337 sqm*), first floor permitted medical / office (325 sqm*) and 3 bedroom apartment (165 sqm*).
+ Additional uses include owner occupation, residential, medical, recreation, aged care and hospitality (STCA).
+ Favourable Neighbourhood Residential Zone (NRZ3) with existing commercial use on site providing flexibility for future use (STCA).
+ Holding income provided by ‘Pro Futsal’ with a lease in place until 31 December 2025 with no further options.
+ Strong investment potential with enormous rental upside possible.
+ Excellent exposure location with 15,700* cars on Hereford Road and 22,000* cars on York Road (400m*)
+ Moments to IGA Supermarket, Australia Post, Mount Evelyn Tennis Club and York Road commercial precinct.
+ Mount Evelyn: metropolitan Melbourne suburb 37km* from Melbourne CBD. Close proximity to Kilsyth, Bayswater, Croydon and Lilydale (1).
+ Mount Evelyn: population of 10,032 with 84% of it’s population under 65 years old (2).
For Sale via Private Treaty
To discuss the property further, receive an information memorandum or access the dataroom, please contact the Burgess Rawson or Teska Carson agents below:
DAVID NAPOLEONE
0417 308 067
JAMIE PERLINGER
0413 860 315
MATTHEW FELD
0415 803 348
LUKE BISSET
0400 344 211
*Approx
(1) Gap Maps
(2) RealEstate.com.au
Remember to mention you found this property on DevelopmentReady
Burgess Rawson from CBRE and Teska Carson are delighted to offer to the market 19-23 Hereford Road, Mount Evelyn (Melbourne) VIC for sale via Private Treaty.
The property has the following key highlights:
+ Irreplaceable 5,014 sqm* supersite with valuable 103m* frontage to Hereford Road, a major connecting arterial road.
+ Permit approved for 104 place childcare Centre on approx. 43% of the site - Childcare Provision across the catchment is around half the metropolitan average demonstrating the demand for this use.
+ Development scheme included to build QSR / Fast Food in addition to permitted childcare centre.
+ Existing 3,827 sqm* building improvements include large ground floor recreation centre / warehouse (3,337 sqm*), first floor permitted medical / office (325 sqm*) and 3 bedroom apartment (165 sqm*).
+ Additional uses include owner occupation, residential, medical, recreation, aged care and hospitality (STCA).
+ Favourable Neighbourhood Residential Zone (NRZ3) with existing commercial use on site providing flexibility for future use (STCA).
+ Holding income provided by ‘Pro Futsal’ with a lease in place until 31 December 2025 with no further options.
+ Strong investment potential with enormous rental upside possible.
+ Excellent exposure location with 15,700* cars on Hereford Road and 22,000* cars on York Road (400m*)
+ Moments to IGA Supermarket, Australia Post, Mount Evelyn Tennis Club and York Road commercial precinct.
+ Mount Evelyn: metropolitan Melbourne suburb 37km* from Melbourne CBD. Close proximity to Kilsyth, Bayswater, Croydon and Lilydale (1).
+ Mount Evelyn: population of 10,032 with 84% of it’s population under 65 years old (2).
For Sale via Private Treaty
To discuss the property further, receive an information memorandum or access the dataroom, please contact the Burgess Rawson or Teska Carson agents below:
DAVID NAPOLEONE
0417 308 067
JAMIE PERLINGER
0413 860 315
MATTHEW FELD
0415 803 348
LUKE BISSET
0400 344 211
*Approx
(1) Gap Maps
(2) RealEstate.com.au
Remember to mention you found this property on DevelopmentReady
