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59-61 Betula Avenue, Vermont, VIC 3133
Vermont
POINT OF INTEREST:
Expressions of Interest (EOI) closing next Thursday 16th June at 2pm.
Highly sought after is an understatement. With the previous tenants concluding a 50-year stronghold on the property, a rare opportunity has presented itself to invest in this significant 6,767 sqm* site. Consisting of a 1,974 sqm* industrial facility including a two-level office with connected warehouse, it’s now ready for refurbishment or demolition to make way for a new development. This hub has generated the kind of success that sparked a number of business estates in Nunawading, Ringwood and Mitcham, however, this exclusive industrial pocket – located just off Canterbury Road – is the jewel in the crown of this now impossibly scarce real estate. With predominant industrial 3 zoning, plus a vacant site fronting Betula Avenue zoned Neighbourhood Residential Schedule 3, the redevelopment possibilities are as impressively large as the land itself. Located close to the in-demand Trade Place and Rooks Road industrial estates, 59-61 Betula Avenue is ripe to make its mark. As highly connected in network as it is in location, the mere 380m* to Brentford Square shopping centre and 2.1km* to Forest Hill shopping centre will keep your staff well-serviced so they can serve your operations better. Just 2.2km* to Nunawading Station and situated along the 738 bus line — it is clear that this property’s ample accessibility mirrors it’s abundance in value, too.
- Well established and tightly held precinct with limited opportunities to secure prime land.
- Total landholding encompassing 6,767 sqm* across multiple zonings.
- 1,974 sqm* total building area with 952 sqm* double-storey office and 1,022sqm* warehouse.
- Largely Industrial 3 allowing for multiple industrial and/or commercial uses & (part) Neighborhood Residential Zoning (STPA).
- 380m to Canterbury Road and major arterial to Box Hill and the Melbourne CBD.
- Immediate proximity to major inner-metro amenity including Brentford Square Shopping Centre (380m*) housing Woolworths, Australia Post, Chemist Warehouse, Dan Murphy’s and KFC.
- 1km* to Forest Hill Reserve.
- 2.1km* to Forest Hill Chase Shopping Centre.
- 2.2km* to both Nunawading and Mitcham railway stations.
- 3.2km* to Eastlink.
For further information please contact conjunctional agents CVA Property Consultants and Stonebridge Property Group .
Remember to mention you found this property on DevelopmentReady
POINT OF INTEREST:
Expressions of Interest (EOI) closing next Thursday 16th June at 2pm.
Highly sought after is an understatement. With the previous tenants concluding a 50-year stronghold on the property, a rare opportunity has presented itself to invest in this significant 6,767 sqm* site. Consisting of a 1,974 sqm* industrial facility including a two-level office with connected warehouse, it’s now ready for refurbishment or demolition to make way for a new development. This hub has generated the kind of success that sparked a number of business estates in Nunawading, Ringwood and Mitcham, however, this exclusive industrial pocket – located just off Canterbury Road – is the jewel in the crown of this now impossibly scarce real estate. With predominant industrial 3 zoning, plus a vacant site fronting Betula Avenue zoned Neighbourhood Residential Schedule 3, the redevelopment possibilities are as impressively large as the land itself. Located close to the in-demand Trade Place and Rooks Road industrial estates, 59-61 Betula Avenue is ripe to make its mark. As highly connected in network as it is in location, the mere 380m* to Brentford Square shopping centre and 2.1km* to Forest Hill shopping centre will keep your staff well-serviced so they can serve your operations better. Just 2.2km* to Nunawading Station and situated along the 738 bus line — it is clear that this property’s ample accessibility mirrors it’s abundance in value, too.
- Well established and tightly held precinct with limited opportunities to secure prime land.
- Total landholding encompassing 6,767 sqm* across multiple zonings.
- 1,974 sqm* total building area with 952 sqm* double-storey office and 1,022sqm* warehouse.
- Largely Industrial 3 allowing for multiple industrial and/or commercial uses & (part) Neighborhood Residential Zoning (STPA).
- 380m to Canterbury Road and major arterial to Box Hill and the Melbourne CBD.
- Immediate proximity to major inner-metro amenity including Brentford Square Shopping Centre (380m*) housing Woolworths, Australia Post, Chemist Warehouse, Dan Murphy’s and KFC.
- 1km* to Forest Hill Reserve.
- 2.1km* to Forest Hill Chase Shopping Centre.
- 2.2km* to both Nunawading and Mitcham railway stations.
- 3.2km* to Eastlink.
For further information please contact conjunctional agents CVA Property Consultants and Stonebridge Property Group .
Remember to mention you found this property on DevelopmentReady
59-61 Betula Avenue, Vermont, VIC 3133
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
