THE PROPERTY DEVELOPMENT REVIEW
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86-92 & 94-100 Old Princes Highway, Beaconsfield
EXPRESSION OF INTEREST Closing Thursday 19 September at 4pm
RESOURCES
An exceptional opportunity for the aspiring investor or developer.
Land Area: 4,290m² Zoning: Industrial 1
Building Area: 152m² $37,900pa plus GST and outgoings as of 01/10/24 on a periodic tenancy
Unit 1 86-92 Old Princes Highway
Facey Property is proud to offer this property for sale by Expression of Interest closing Thursday 19 September at 4pm. With a wealth of potential, now is your chance to own this parcel of land, boasting a 99-metre frontage. The existing leases provide a good passing income of approximately $221,085pa plus GST and outgoings, while you plan how to maximise this diverse asset. Originally a roadside house, this site has grown into what it is today, a sand/soil site of 2,016m² with four adjacent factories on the balance of the land. Potential uses include office/warehouse, QSR, fuel and childcare. This sale is a unique opportunity in the heart of Beaconsfield with the scope to enhance what is already there or plan for the future. • Redevelop or renovate • 99-metre frontage • Five sources of income • Within the heart of Beaconsfield
Unit 2 86-92 Old Princes Highway
Building Area: 136m² $34,466pa plus GST and outgoings to 06/11/25
Unit 3 * 86-92 Old Princes Highway
Building Area: 137m² $29,807pa plus GST and outgoings to 30/06/25
Unit 4 * 86-92 Old Princes Highway
Building Area: 139m² $28,912pa plus GST and outgoings to 31/05/25
Building Area: 204m² $90,000pa plus GST and outgoings from 01/09/24 periodic tenancy
94-100 Old Princes Highway
* NB - Unit 3 and Unit 4 have one further term of 2 years
mark.bond@faceyproperty.com.au 0419 386 882 MANAGING DIRECTOR Mark Bond
michael.firrito@faceyproperty.com.au 0477 975 595 SALES & LEASING CONSULTANT Michael Firrito
August / September 2024 – 65
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