Supersized Land Bank With 123 Metres Of 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
1 Cranbourne Road, Narre Warren - For Sale By Expressions of Interest closing Wednesday 18th November at 3pm.