PERMIT APPROVED INDUSTRIAL DEVELOPMENT SITE WITH SIGNIFICANT HOLDING INCOME!
Jones Real Estate is pleased to offer, for your consideration, 37-39 Apollo Drive, Hallam. This vast 3,184sqm* landholding is positioned ideally within Australia's most sought after industrial locations.
This expansive land holding is primely positioned in Melbourne's most revered industrial and logistics precincts of Hallam and is surrounded by major occupiers such as Amazon, Visy, Bowens, Mastercraft Foods and more. Access to 37-39 Apollo Drive is second to none, given its proximity to major and essential arterial networks such as Hallam Road, Princess Highway, South Gippsland Highway, Pound Road, and the Monash Freeway offering unparalleled accessibility to surrounding suburbs and Melbourne's CBD.
Key highlights of this outstanding development opportunity include;
- Situated upon a substantial land holding of 3,184sqm*
- Currently returning $120,000 per annum + GST & Outgoings* on a short-term basis
- Property features significant frontage of 28.1m* to Apollo Drive
- Plans and permits to develop a high end, full-tilt, pre-cast concrete office warehouse of 1,940.6sqm*^
- Proposed warehouse consists of 1,758.5sqm* of office warehousing and over 9m* of clearance^
- Ideally located with access to major arterial roads and thoroughfares such as Hallam Road, Princess Highway, South Gippsland Highway, Pound Road, and the Monash Freeway
- Favourable Industrial 1 Zone (INZ1)
*Denotes approx.
^Subject to Council Approval
For further information please contact the exclusive selling agents.
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