10-16 Allenby Street, Coburg North, VIC 3058

POINT OF INTEREST

A history in high volume food production with a future in industrial development, 10 – 16 Allenby Street along with 64 Dawson Street Coburg North offers buyers an exciting chance to transform the former Bega Cheese facility into a modern Business Park in Melbourne’s Northern fringe. The property is a total land area of 4,896 sqm*and enjoys 71 metres* of frontage to Allenby street and 62 metres* of frontage to Dawson street which allows for dual access points further increasing site coverage potential. A demand in recent years has seen the construction of new business Parks such as The CONO Business Park, Bakers Road Business Park and Urban Business Park sell out before completion and lease out in record time. The local occupiers, investors and tenants agree that it’s the access to major freeways and distance to a number of public transport options and shopping centres continues to draw high levels of business into this already well known industrial 1 zoned precinct.  

While the development potential is considerable, the current improvements provide the opportunity to continue business in its current form. Once producing over 10,000 metric tonnes* per annum of their famous cheese and milk powder products from the location, Bega Cheese occupied the site during a total 14 year period. The 3,191 sqm* of total building area includes both free standing and interconnecting food production and preparation areas separated by a vast hardstand area for vehicle parking, loading, delivery transport and drive through to access both Allenby and Dawson Streets respectively. The facility is further supported by commercial grade mains gas supply, high clearance warehouse areas and a high-grade power supply that delivers non-stop energy to the entire site, enough to continuously run coolrooms, freezers and machinery throughout production.

-    3,191 sqm (*approx.). total building area.

-    4,896 sqm (*approx.). total land area.

-    Industrial 1 zoning.

-    Vast hardstand for multi-vehicle parking.

-    High-grade power supply and mains gas connection.

-    300 m* from Sydney Road.

-    800 m* from Batman railway station.

-    9.5 km* from Melbourne CBD.

POINT OF VIEW

The underlying value and commercial appeal here is all about the location. With Brunswick, Northcote and Thornbury buyers and tenants increasingly seeking alternatives to old and inefficient buildings, Coburg North offers the solution when public transport, like the 19 tram and Batman Railway Station and freeway accessibility such as The Tullamarine Freeway, M80 Ring Road and City link are essential.

*Approx.

Pricing excludes GST

Remember to mention you found this property on DevelopmentReady