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38 Wallace Avenue, Point Cook, VIC 3030

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38 Wallace Avenue, Point Cook, VIC 3030

38 Wallace Avenue, Point Cook, VIC 3030

Properties / Sold / Victoria / Point Cook
Development Potential

1. Property Summary

Property Type
Industrial
Land Area
2,093.58 m² (*approx)
Selling Method
EOI: Contact Agent
Show All

2. Property Highlights

All Signs Point (Cook) To A Rare Development Opportunity.

POINT OF INTEREST:

The Expressions Of Interest has closed. Offers are now under consideration.

We’re as thrilled as you are to see land on the market; but we’ll bet you’re surprised to see it in one of Melbourne’s most popular western suburbs. Situated in Wallace Avenue’s established business estate, this is a prime corner position capturing commuters from multiple angles with over 35 metres* of exposure and signage opportunity.

With nearly 2,100 sqm* of land and an industrial 3 zoning, it’s encouraging ambitious plans for a multi-level commercial development or a prime position for owner occupiers in a location where business thrives. While you’re forming your strategic development play, the site is currently leased until 1st January 2023 with no further renewals at $40,516.50 per annum net.

A direct ramp to Palmers Road means seamless access to a key arterial, with a quick right-hand turn leading you to Princes Freeway and onto the M1 to get to the CBD in under 30 minutes. For train commuters, Williams Landing railway station is 400 m* away and a shorter journey to central Melbourne than most inner-city trams.

- 2,093.58 sqm* land area.

- Industrial 3 zoning for industrial / multi-level commercial development.

- Over 35 metres* of frontage.

- Current income of $40,516.50 per annum net until 1st January 2023 with no renewal.

- Sitting at the intersection of Princes Freeway and Palmers Road.

- 400 m* from Williams Landing railway station.

- 760 m* from Williams Landing Shopping Centre.

- 20 km* from Melbourne CBD.

- Next door to well known restaurant Rococo

- In amongst all of the amenities including Wallace Avenue Medical Suites, Creative Hands Early Learning & Childcare, The Phoenix Hotel and Wyn City Bowling and Entertainment Venue.

POINT OF VIEW:

The Point Cook secret is out. It’s likely why this is the only site on the market in a near fully built out estate. Follow the trend of Melbourne’s best developers and add to the $150 million worth of real estate on Wallace Avenue.

*Approx.

Pricing excludes GST

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Industrial
Land Area
2,093.58 m² (*approx)
Selling method
EOI: Contact Agent

2. Property Highlights

All Signs Point (Cook) To A Rare Development Opportunity.

POINT OF INTEREST:

The Expressions Of Interest has closed. Offers are now under consideration.

We’re as thrilled as you are to see land on the market; but we’ll bet you’re surprised to see it in one of Melbourne’s most popular western suburbs. Situated in Wallace Avenue’s established business estate, this is a prime corner position capturing commuters from multiple angles with over 35 metres* of exposure and signage opportunity.

With nearly 2,100 sqm* of land and an industrial 3 zoning, it’s encouraging ambitious plans for a multi-level commercial development or a prime position for owner occupiers in a location where business thrives. While you’re forming your strategic development play, the site is currently leased until 1st January 2023 with no further renewals at $40,516.50 per annum net.

A direct ramp to Palmers Road means seamless access to a key arterial, with a quick right-hand turn leading you to Princes Freeway and onto the M1 to get to the CBD in under 30 minutes. For train commuters, Williams Landing railway station is 400 m* away and a shorter journey to central Melbourne than most inner-city trams.

- 2,093.58 sqm* land area.

- Industrial 3 zoning for industrial / multi-level commercial development.

- Over 35 metres* of frontage.

- Current income of $40,516.50 per annum net until 1st January 2023 with no renewal.

- Sitting at the intersection of Princes Freeway and Palmers Road.

- 400 m* from Williams Landing railway station.

- 760 m* from Williams Landing Shopping Centre.

- 20 km* from Melbourne CBD.

- Next door to well known restaurant Rococo

- In amongst all of the amenities including Wallace Avenue Medical Suites, Creative Hands Early Learning & Childcare, The Phoenix Hotel and Wyn City Bowling and Entertainment Venue.

POINT OF VIEW:

The Point Cook secret is out. It’s likely why this is the only site on the market in a near fully built out estate. Follow the trend of Melbourne’s best developers and add to the $150 million worth of real estate on Wallace Avenue.

*Approx.

Pricing excludes GST

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

38 Wallace Avenue, Point Cook, VIC 3030

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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