PRIME MAIN ROAD INDUSTRIAL DEVELOPMENT SITE | PERMIT APPROVED FOR 25 INDUSTRIAL UNITS | DEVELOPERS AND OWNER OCCUPIERS TAKE NOTE
Colliers and Nichols Crowder are delighted to offer to the market for sale 252-258 Lower Dandenong Road, Mordialloc. The property represents as a unique opportunity to acquire an infill main road industrial development site situated within the tightly held and sought-after bayside market.
252-258 Lower Dandenong Road, Mordialloc is offered to the market for sale via Expressions of Interest closing Wednesday, 15th May 2024 at 4.00pm (AEST).
The property comes with a planning permit and development approval from the City of Kingston for a 25-unit industrial estate, featuring units ranging from 158m² to 355m², each with a mezzanine office.
With over 60 meters of frontage along Lower Dandenong Road, this site stands out as arguably the most prominent in the area, offering an unbeatable opportunity for both owner-occupiers and developers seeking main road exposure.
A scarce blue-chip industrial offering, this enviably located site is poised to enter its next phase, providing a unique opportunity for developers and owner-occupiers alike.
Key Investment Highlights:
- Site Area: 8,302m²*
- Industrial 1 Zone
- 61m* of frontage to Lower Dandenong Road
- Permit approval for a 25-unit industrial estate
- Blank canvass for owner occupiers requiring a low site coverage main road position
- Extremely limited developable industrial land supply in Mordialloc and surrounding bayside markets
Key Distances:
- Boundary Road: 800m*
- Mordialloc Freeway: 1.6km*
- Nepean Highway: 2km*
- DFO Moorabbin: 2.3km*
- Melbourne CBD: 23km*
For further information or to arrange an inspection please contact the Colliers or Nichols Crowder selling agents.
*All sizes and distances are approximate
**Outline indicative only
***Artist impressions
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