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1 Cranbourne Road, Narre Warren, VIC, 3805
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1. Property Summary
Land Area
3,909 m² (*approx)
Selling Method
SOLD: Contact Agent
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2. Property Highlights
Supersized Land Bank With 123 Metres Of Highway Frontage
- High Profile Site of 3,909sqm*
- Next To Narre Warren Train Station
- Within Booming Activity Centre
Fitzroys is delighted to offer 1 Cranbourne Road, Narre Warren, for sale by Expressions of Interest closing 18th November at 3pm.
This is a rare opportunity to acquire a significant site underpinned by a 5 year lease to Kennards Hire and located within the heart of Melbourne's booming South Eastern growth corridor.
• First time offered in over 35 years!
• Irreplaceable land holding of 3,909 sqm*
• 123 metres of priceless highway frontage
• 5 year lease (no options) to Kennards Hire Pty Ltd
• Kennards Hire has more than 180 branches across Australia and New Zealand
• Returning $111,000 per annum* plus outgoings and GST
• Strong potential for future rental uplift
• Strategically positioned next to Narre Warren Railway Station
• Metres from the sprawling Westfield Fountain Gate retail and commercial precinct
• High traffic location with excellent access to major arterials including Princes Highway and Monash Freeway
• Surrounded by every possible amenity and an exceptionally strong residential catchment
• Within City of Casey's highly desirable Activity Centre Zone (ACZ) allowing various future development outcomes (stca)
• Flexible opportunity suited to either the investor or future owner occupier or developer
*approx.
1 Cranbourne Road, Narre Warren - For Sale By Expressions of Interest closing Wednesday 18th November at 3pm.
Remember to mention you found this property on DevelopmentReady
Read More
Development Potential
Development Potential
1. Property Summary
Land Area
3,909 m² (*approx)
Selling method
SOLD: Contact Agent
2. Property Highlights
Supersized Land Bank With 123 Metres Of Highway Frontage
- High Profile Site of 3,909sqm*
- Next To Narre Warren Train Station
- Within Booming Activity Centre
Fitzroys is delighted to offer 1 Cranbourne Road, Narre Warren, for sale by Expressions of Interest closing 18th November at 3pm.
This is a rare opportunity to acquire a significant site underpinned by a 5 year lease to Kennards Hire and located within the heart of Melbourne's booming South Eastern growth corridor.
• First time offered in over 35 years!
• Irreplaceable land holding of 3,909 sqm*
• 123 metres of priceless highway frontage
• 5 year lease (no options) to Kennards Hire Pty Ltd
• Kennards Hire has more than 180 branches across Australia and New Zealand
• Returning $111,000 per annum* plus outgoings and GST
• Strong potential for future rental uplift
• Strategically positioned next to Narre Warren Railway Station
• Metres from the sprawling Westfield Fountain Gate retail and commercial precinct
• High traffic location with excellent access to major arterials including Princes Highway and Monash Freeway
• Surrounded by every possible amenity and an exceptionally strong residential catchment
• Within City of Casey's highly desirable Activity Centre Zone (ACZ) allowing various future development outcomes (stca)
• Flexible opportunity suited to either the investor or future owner occupier or developer
*approx.
1 Cranbourne Road, Narre Warren - For Sale By Expressions of Interest closing Wednesday 18th November at 3pm.
Remember to mention you found this property on DevelopmentReady
Read More
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