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OVER 100,000 SQM OF LAND FOR SALE IN A 17-PROPERTY AMPOL PORTFOLIO
BY CALLUM HOFLER, READY MEDIA GROUP
207-215 CHARLES STREET, LAUNCESTON TAS
“The sheer diversity in offerings means it’s unlikely any prospective buyer will be left without a landholding to call their own.”
distributor and retailer in Australia. They’re being represented by Colliers agents Matthew Meynell and Jordan McConnell, who believe that with capital heading out towards the regions, these 17 properties possess substantial potential. “With a significant decentralisation having taken place across many traditional metropolitan markets post COVID-19, interest in prominent regional centres has become ever more sought-after, as these economies continue to strengthen,” explained Mr. Meynell. Zoning across the portfolio is multifaceted, giving developers opportunities regardless of their investment mandate. A 45,820 sqm lot in New South Wales’ Lloyd is up for grabs with RU1 Primary Production zoning, which should raise the eyebrows
Commercial property portfolios containing a broad breadth of asset classes and price ranges have become more common over the past few years. That said, typically, these portfolios contain occupied properties that have established sources of holding income, because for most property investors, they’re looking for hands-off, secure returns. Colliers is looking to buck the trends with their latest collection of sites for sale; they’re promoting 17 vacant properties across six states, all of which are suitable for development. With over 100,000 sqm on offer, developers from across the nation are being asked to take notice, as there appears to be a land parcel for everyone. The sites are being brought to market on behalf of Ampol Petroleum; the largest transport energy
22 –October / November 2022
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