25-31 Sherbourne Road, Briar Hill VIC 3088

Mulcahy Butera is delighted to offer for sale, 25-31 Sherbourne Road Briar Hill, a high profile and versatile Commercial asset strategically located within the City of Banyule.

Comprising 2 warehouses and a split-level corner Showroom all on 1 title, this property is being marketed for sale as a potential Owner Occupier, Investment or Re-development opportunity.

Key highlights:

▪ 2 adjacent Warehouses – each self-contained and offering frontage to Sherbourne Road
▪ Split level Showroom – offering 2 street frontages - corner of Gladstone and Sherbourne Roads,
▪ Commercial 2 Zone
▪ Prominent island Site
▪ Invest, Occupy or Develop - parts or as a whole
▪ One Freehold Title
▪ Located near main arterials & public transport

Improvements

25-31 Sherbourne Road Briar Hill comprises 2 adjacent warehouses each of approximately 256 sqm and a split level Showroom of 1,100 sqm approx.

The warehouses have frontage to Sherbourne Road and rear roller door entry and each is serviced by its own amenity and offers fantastic profile and exposure to Sherbourne Road.

The showroom sits comfortably on the corner of Gladstone and Sherbourne Roads and provides excellent commercial accommodation as is or it could be easily re-furbished or re-developed to suit an alternate occupier(s) to its current furniture showroom use (stca).

Location

25-31 Sherbourne Road Briar Hill is located on the northern side of Sherbourne Road, approximately 400 metres from its intersection with the roundabout at Para Road.

Public transport is available via a bus route along Sherbourne Road and is in close proximity to the Re-tail/Commercial precinct of Greensborough and the new Train Station which is currently under construction along Para Road.

In terms of major arterials, the Metropolitan Ring Road and the Eastern Freeway, via its future connection as a result of the north-east link to the eastern suburbs, are within a short distance of the property.

Planning

The property is zoned Commercial 2 under the provisions of the City of Banyule Planning Scheme.

The purpose of this zone is ‘To encourage commercial areas for offices, appropriate manufacturing and industries, bulky goods retailing, other retail uses, and associated business and commercial services’.

Terms of Sale

The property is being offered For Private Sale: 

A Contract of Sale and Vendor Statement are available upon request.

Conclusion

A rare opportunity best describes this offering with limited if any commercial sites comparable to 25-31 Sherbourne Road Briar Hill within the broader city of Banyule.

Rarely does the market offer such an asset which caters for flexible future occupation, investment, or development be it for all or part of the 3 versatile buildings on a strategically located land parcel with 3 street frontages.

Consider the highlights:

✓ Refurbish/Add Value and then reposition to occupy and/or invest
✓ 1 title - 3 buildings
✓ Prominent street frontages – Island Site
✓ Existing Car parks located on site
✓ Flexible Commercial 2 zoning.
✓ Proximity to arterial routes and public transport

We highly recommend your consideration of this outstanding Commercial opportunity.

Remember to mention you found this property on DevelopmentReady