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SOLD

1 Cranbourne Road, Narre Warren, VIC, 3805

Properties / Sold / Victoria / Narre Warren

Development Potential

1. Property Summary

Property Type

Commercial

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.

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