THE PROPERTY DEVELOPMENT REVIEW
burgessrawson.com.au
MELBOURNE CBD 20KM
BURNSIDE HUB COLES, ALDI + 18 SPECIALTY STORES
MCDONALD’S
PROPOSED LFR & QSR DEVELOPMENT
WESTERN HWY 48,480 VEHICLES PASSING DAILY
BURNSIDE PARK HUB SPOTLIGHT, JB HI-FI, BABY BUNTING, GUZMAN Y GOMEZ, SAVERS + MORE
THE TYRE FACTORY
AVIS
REBECCA DRIVE
BUNNINGS
DERRIMUT 24/7 GYM
*Outline/Boundaries Indicative Only
11,600sqm* ‘Super Site’ Adjoining Bunnings Short Term Leases – Ripe For Development
Ravenhall (Melbourne) VIC 1059 - 1065 Western Highway
+ Generational opportunity to purchase a rare 11,600sqm* landholding in a tightly held LFR and Industrial precinct + Flexible Industrial 3 Zoning with low site coverage of 8% suits significant LFR and/or light industrial development + Significant 158 metres* dual frontage to Western Hwy (Ballarat Rd) with 48,480 vehicles passing & Rebecca Dr + Underpinned by relatively short term leases to well- established and longstanding tenants, Burson Auto Parts, Ace Mechanical Repairs, Great Escape Caravans and C&A Towing providing valuable holding income + Strong Development Precedent: surrounded by recently completed LFR and proposed LFR & QSR development + Unparalleled transport access via Western Hwy directly linking to the Western Fwy and Western Ring Rd
+ Strategic Location: Neighbouring Bunnings and adjacent to Burnside Hub Shopping Centre (Coles, ALDI plus 18 specialty stores), Burnside Park Hub (Guzman y Gomez, JB Hi-Fi, Baby Bunting and more) and Westsprings Central (28 specialty stores) + Only 1.2km* from Caroline Springs Railway Station and 4km* from Victoria University (St Albans Campus) + City of Melton: Australia’s fastest growing LGA, home to 217,242 people, with this figure anticipated to surge to 440,142 by 2051, an increase in 102% + Opportunity for developers, owner occupiers & or investors to take advantage of extremely low industrial vacancy rates (1.2%)*** and record high rental growth
For Sale by Expressions of Interest Closing 4pm AEST Tuesday 9 April 2024
Shaun Venables 0411 860 865
Romanor Falconer 0413 830 808
Beau Coulter 0413 839 898
Matthew Wright 0458 290 588
burgessrawson.com.au
*Approx
April / May 2024 – 75
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