BLUE CHIP INVESTMENT AND RARE TRIPLE FRONTED DEVELOPMENT OPPORTUNITY
The Real Estate Business has the pleasure of offering to the market
• 82C Wedge Street Epping Vic 3076
• 89 Coulstock Street Epping Vic 3076
For Sale via “Expression of Interest” closing on Wednesday 15th May at 4:00pm (AEST)
Situated in a tightly held location, within the Metropolitan Activity Centre of Epping Central.
This rare opportunity has arisen, to acquire a first class blue-chip investment that is leased to two national tenants.
• Amplitel Pty Ltd
• Bingo Property (Vic) Pty Ltd
Providing the astute investor a net return of $211,827 pa (approx.) plus GST and plus all outgoings.
DEVELOPMENT POTENTIAL
The two titles boast approximately 4,055sqm of development potential (STCA).
This site has been zoned for strategic redevelopment and is enhanced by its triple road frontage
• Frontage to Wedge Street 40.23m approx.
• Frontage to Duffy Street 100.79m approx.
• Frontage to Coulstock Street 40.23m approx.
Within the Epping Activity Centre Zone (ACZ1)
Future development of the site is ideally suited to a high-density mixed use with a preferred height limit of 6 to 8 storeys.
CURRENT IMPROVEMENTS
• Substantial 400sqm (approx.) office building with amenities
• Sheds, and carport.
• Bitumen hard stand throughout the complex
• Fully fenced perimeter
Note the property was established as a Telstra depot for over 40 years and had a significant workforce operating from the premises.
LOCATION
82C Wedge Street Epping & 89 Coulstock Street Epping are located approximately 20 km north of the Melbourne CBD.
Easy access to the city is provided via the Metropolitan Ring Road and Tullamarine Freeway or the scenic route along High Street through the northern suburbs.
It is a short 950m stroll to the Epping Train Station while the planned Northern Hospital Train Station (on the Wollert train line) will only be a 700m distant.
The Pacific Epping Shopping Centre and Bus terminal are also 700m away.
Private and Public Schools are located within 1 km of the site.
REGISTER YOUR IMMEDIATE INTEREST AND REQUEST AN INFORMATION MEMORANDUM TODAY
Remember to mention you found this property on DevelopmentReady
