Sold

THE BEST INFILL INDUSTRIAL / COMMERCIAL SITE IN THE SOUTH-EAST

PRICE
Sold
SIZE 53 ha
ZONING Urban Growth Zone
EOI CLOSING DATE October 27, 2022

585 Berwick-Cranbourne Road, CLYDE NORTH VIC 3978

Property Features
  • Land is 53.58 ha

LAWD is pleased to present For Sale 585 Berwick-Cranbourne Road, Clyde North, one of the last remaining opportunities to acquire an institutional grade industrial / commercial development site of scale in the South-East growth corridor of Melbourne.

Key Property Features:
– Extremely rare opportunity to acquire an infill industrial / commercial site of significant scale in Melbourne’s booming South-East growth corridor
– Substantial land area of 53.58ha* within the Croskell Precinct Structure Plan
– Over 1.4 kilometres of frontage onto Thompsons Road & Berwick-Cranbourne Road
– Potential net developable area of 41.211ha^
– Identified for future Industrial use within the ‘Shareholder Update Croskell PSP (July 2022)’ provided by the VPA
– Potential to deliver a flagship institutional grade business park (STCA)
– Existing & future interchanges will promote gateway uses
– Access to South Gippsland Highway, M1 Monash Freeway & M3 Eastlink Freeway
– Potential to leverage from unprecedented occupier demand & record low vacancy rates
– Opportunity to capitalise on forecasted levels of rental growth
– Continuing entrenchment of e-commerce driving logistics demand
– Benefits from service & infrastructure upgrades which have occurred within surrounding residential communities & industrial precincts

The property is for sale by Expression of Interest closing at 3pm on Thursday 27 October 2022.

For further information on this opportunity please contact the LAWD team.

Paul Callanan | LAWD – 0478 652 468
Peter Sagar | LAWD – 0414 843 854
Darcy Tobin | LAWD – 0433 644 166

*Approx
^Based on a Beveridge Williams Concept Plan

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Agents

Paul Callanan
+61 478 652 468
Peter Sagar
+61 414 843 854
CONTACT AGENT

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