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PRIME 7.54HA* INFILL DEVELOPMENT SITE WITH SECURE INCOME

1-31 Riggall Street, BROADMEADOWS VIC, 3047

For Sale

Property for Sale in 1-31 Riggall Street, BROADMEADOWS VIC, 3047

Gross Waddell Pty Ltd

Level 6/60 Collins Street , Melbourne, VIC 3000

Listing ID:
11377985
Status:
Active
For:
Sale
Price:
Contact Agent
Last Updated:
26/05/2020
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Property Type

Land/Development
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Land Area

24588 SQM
Icon size

Floor Area

N/A
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Parking

N/A

PRIME 7.54HA* INFILL DEVELOPMENT SITE WITH SECURE INCOME

Gross Waddell and Cushman & Wakefield are pleased to present this prime infill redevelopment site with secure holding income for sale.

Key Property Features:

• Land area: 7.54 ha*
• Total building area: 24,588 sqm*
• Offered for sale with a 3 year leaseback to Visy Packaging
• Fixed net rent of $1,350,000 p.a
• Currently zoned Commercial 2 Zone
• Within the Greater Broadmeadows Framework Plan
• Within ‘strategic priority’ precinct B – future mixed use area
• Potential for townhouse development and other uses (STCA)
• Proximity to Broadmeadows town centre
• Elevated site with exceptional city views
• Highly efficient site with multiple street frontages
• Elevated site with city views
• Convenient access to Broadmeadows Train Station
• Access to Pascoe Vale Road and the Western Ring Road

Contact your exclusive Gross Waddell or Cushman & Wakefield agents to discuss the opportunity in more detail or to receive an Information Memorandum (IM).

*Approx.

For more details, please email agent

Gross Waddell Pty Ltd

Level 6/60 Collins Street , Melbourne, VIC 3000


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