Largest Value Add & Occupation E3 Zoned Opportunity in McGraths Hill
CBRE and Colliers are pleased to offer 230 Windsor Road, McGraths Hill to the market for sale via Expressions of Interest. This highly prominent site offers a premium development opportunity to acquire the largest under developed E3 site in the tightly held McGraths Hill industrial, large format retail & automotive precinct.
Key features include:
- 212.35m* frontage to Windsor Road
- Largest undeveloped E3 site in McGraths Hill
- High growth location from neighbouring residential catchments such as Box Hill, is driving demand for Large Format Retail
- Neighbouring users – McDonalds, Aldi, KFC + HomeCo (Petbarn, Harvey Norman, Repco, Beacon Lighting), Bunnings, RSEA Safety, Total Tools
- Existing holding income of $330,000 pa Gross + GST on flexible lease terms
- Operating car dealership with improvements, hardstand and vacant land, enabling staged development and occupation
- Existing improvements of 2,608sqm* warehouse/workshop (5.6-7.4m internal clearance) and 340sqm* office space
- Zoned E3 Productivity Support, allowing for a wide range of uses (STCA)
- Currently utilised for car showroom, display yard and storage which can be re-purposed for alternate uses (STCA)
- Multiple street access points enabling flexible occupation and development outcomes including subdivision (STCA)
The asset is being offering for sale via expressions of Interest closing on Thursday 5th September 2024 at 4:00pm (AEST).
For further information or to request an inspection, please contact the exclusively listed agents.
*approx.
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