Expressions of Interest

1 Cranbourne Road
NARRE WARREN, VIC 3805

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Property Description

Supersized Land Bank With 123 Metres Of Highway Frontage

Fitzroys is delighted to offer 1 Cranbourne Road, Narre Warren, for sale by Expressions of Interest closing 18th November at 3pm.

This is a rare opportunity to acquire a significant site underpinned by a 5 year lease to Kennards Hire and located within the heart of Melbourne's booming South Eastern growth corridor.

  • First time offered in over 35 years!
  • Irreplaceable land holding of 3,909 sqm*
  • 123 metres of priceless highway frontage
  • 5 year lease (no options) to Kennards Hire Pty Ltd
  • Kennards Hire has more than 180 branches across Australia and New Zealand
  • Returning $111,000 per annum* plus outgoings and GST
  • Strong potential for future rental uplift
  • Strategically positioned next to Narre Warren Railway Station
  • Metres from the sprawling Westfield Fountain Gate retail and commercial precinct
  • High traffic location with excellent access to major arterials including Princes Highway and Monash Freeway
  • Surrounded by every possible amenity and an exceptionally strong residential catchment
  • Within City of Casey's highly desirable Activity Centre Zone (ACZ) allowing various future development outcomes (stca)
  • Flexible opportunity suited to either the investor or future owner occupier or developer

*approx.

1 Cranbourne Road, Narre Warren - For Sale By Expressions of Interest closing Wednesday 18th November at 3pm.

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Consultant

Chris Kombi

M: 0438 156 236
E: kombic@fitzroys.com.au

Tom Fisher

M: 0417 980 824
E: fishert@fitzroys.com.au

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Property Information

Property ID
127366

Price
Contact Agent

Building
300.00m2

Land
3909.00m2

DocumentType
Brochure Pdf