Colliers as the exclusive selling agents, are pleased to offer for sale 194-202 Bell Street, Preston, a rare island site, infill opportunity within Melbourne’s Northern industrial market. Offered for sale via expressions of Interest closing Friday, 29th August at 1pm (AEST).
A rare opportunity to secure an island site, strategically located approximately 9.5km north of the Melbourne CBD, the site benefits from immediate access to Bell Street, providing excellent connectivity to major arterials including the M80 Metropolitan Ring Road and M3 Eastern Freeway.
The site also benefits from being on the doorstep of an established residential catchment, providing an opportunity to capture the benefits of key last mile locations.
Key features:
- Island site with four (4) street Frontages
- Site area: 10,421sqm*
- Industrial 3 Zone – Darebin
- Land exhausted precinct; Preston is incredibly land con- strained, with limited supply of industrial land remaining and a severe lack of infill development opportunities, driving long term performance
- Inner Northern Infill land opportunity
- Excellent Connectivity
- Rare Island site with significant frontage: four street frontages with prominent frontage and exposure to Bell Street, Preston of approx. 136m* and a combined street frontage of approximately 417m*
- Proximity to key national and multinational occupiers: precent valid by national and multinational occupiers across the industrial and retail sectors; including, Bunnings Warehouse, Kitchen Warehouse, Petbarn, Harvey Norman, AMCOR & Australia Post
- Established residential catchment area: Supporting last mile warehousing and logistics and retailers.
For further information please contact Colliers, the exclusive selling agents.
Approx*
**Outline indicative only
Remember to mention you found this property on DevelopmentReady
Colliers as the exclusive selling agents, are pleased to offer for sale 194-202 Bell Street, Preston, a rare island site, infill opportunity within Melbourne’s Northern industrial market. Offered for sale via expressions of Interest closing Friday, 29th August at 1pm (AEST).
A rare opportunity to secure an island site, strategically located approximately 9.5km north of the Melbourne CBD, the site benefits from immediate access to Bell Street, providing excellent connectivity to major arterials including the M80 Metropolitan Ring Road and M3 Eastern Freeway.
The site also benefits from being on the doorstep of an established residential catchment, providing an opportunity to capture the benefits of key last mile locations.
Key features:
- Island site with four (4) street Frontages
- Site area: 10,421sqm*
- Industrial 3 Zone – Darebin
- Land exhausted precinct; Preston is incredibly land con- strained, with limited supply of industrial land remaining and a severe lack of infill development opportunities, driving long term performance
- Inner Northern Infill land opportunity
- Excellent Connectivity
- Rare Island site with significant frontage: four street frontages with prominent frontage and exposure to Bell Street, Preston of approx. 136m* and a combined street frontage of approximately 417m*
- Proximity to key national and multinational occupiers: precent valid by national and multinational occupiers across the industrial and retail sectors; including, Bunnings Warehouse, Kitchen Warehouse, Petbarn, Harvey Norman, AMCOR & Australia Post
- Established residential catchment area: Supporting last mile warehousing and logistics and retailers.
For further information please contact Colliers, the exclusive selling agents.
Approx*
**Outline indicative only
Remember to mention you found this property on DevelopmentReady
Developments and amenities within a 5km radius of the asset.