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219 South Gippsland Highway, Cranbourne, VIC 3977

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219 South Gippsland Highway, Cranbourne, VIC 3977

Cranbourne

219 South Gippsland Highway, Cranbourne, VIC 3977
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219 South Gippsland Highway, Cranbourne, VIC 3977

Cranbourne

SOLD
219 South Gippsland Highway, Cranbourne, VIC 3977

219 South Gippsland Highway, Cranbourne, VIC 3977

Properties / Sold / Victoria / Cranbourne
Development Potential
Property Type
Commercial, Health/Medical, Industrial
Sub Type
Office, Medical
Land Area
4,048 m² (*approx)
Zoning
Activity Centre (ACZ)
Local Government
CASEY
Selling Method
EOI: Contact Agent
EOI Closing Date
10 Sep 2024 04:00PM
Add to calendar
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Invest in this booming location
  • Renewed 5 Year Lease - Business as usual
  • Proven long term tenant
  • Highway frontage

Take advantage of this substantial landholding opportunity with a strong income.

Facey Property is proud to offer this property for sale by Expression of Interest.

This substantial 4,048m² landholding provides nearly 70 metres of frontage (69.58m) to the major road, South Gippsland Highway.

Renewed lease to long-term tenant 'Cranbourne Pre-Mix & Garden Supplies' 5x5x5-year term commenced 01/07/2024, returning $235,810pa plus GST and outgoings with strong 5% annual reviews.

Set in Activity Centre Zone 1 zoning, the property boasts flexible long-term redevelopment opportunities. These include retail, office, medical, hospitality or warehousing (up to 20 metres in height), subject to council approval (STCA).

The site is also adjacent to Cranbourne Train Station, with direct public transport links.

Enquire at www.faceyproperty.com.au to make your next move.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

219 South Gippsland Highway Development Site Summary

Property Type
Commercial, Health/Medical, Industrial
Sub-type
Office, Medical
Land Area
4,048 m² (*approx)
Zoning
Activity Centre (ACZ)
Local Government
CASEY
Selling method
EOI: Contact Agent
EOI Closing Date
10 Sep 2024 04:00PM
Add to calendar

Development Site Highlights

Invest in this booming location
  • Renewed 5 Year Lease - Business as usual
  • Proven long term tenant
  • Highway frontage

Take advantage of this substantial landholding opportunity with a strong income.

Facey Property is proud to offer this property for sale by Expression of Interest.

This substantial 4,048m² landholding provides nearly 70 metres of frontage (69.58m) to the major road, South Gippsland Highway.

Renewed lease to long-term tenant 'Cranbourne Pre-Mix & Garden Supplies' 5x5x5-year term commenced 01/07/2024, returning $235,810pa plus GST and outgoings with strong 5% annual reviews.

Set in Activity Centre Zone 1 zoning, the property boasts flexible long-term redevelopment opportunities. These include retail, office, medical, hospitality or warehousing (up to 20 metres in height), subject to council approval (STCA).

The site is also adjacent to Cranbourne Train Station, with direct public transport links.

Enquire at www.faceyproperty.com.au to make your next move.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Adam Strachan
Adam Strachan
+61 *** *** *** show +61 499 419 890
Matt O'Dea
Matt O'Dea
+61 *** *** *** show +61 448 566 556
Adam Strachan
Adam Strachan
+61 *** *** *** show +61 499 419 890
Matt O'Dea
Matt O'Dea
+61 *** *** *** show +61 448 566 556

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219 South Gippsland Highway, Cranbourne, VIC 3977

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Property Location of 219 South Gippsland Highway, Cranbourne, VIC 3977

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219 South Gippsland Highway, Cranbourne, VIC 3977 Cranbourne
Facey Property
Facey Property
10A E J Court, Dandenong South, VIC, 3175
Adam Strachan
Adam Strachan
+61 *** *** *** show +61 499 419 890
Matt O'Dea
Matt O'Dea
+61 *** *** *** show +61 448 566 556