Inner West Corner Development Opportunity

Sold - 254A-268 Ballarat Road, Braybrook

Development/Land (Service station & Fast food, Showroom, Offices, Medical, Industrial)

Sale Details

Sold on 06 Dec 2018 for $3,870,000

Building Area 255m²
Rate $15,176 per m²
Land Area 6087m²
Rate $636 per m²

Overview

Sale History ID: 31402
Property ID: 15070
Advertised Price: $3,870,000

Description

CVA Property Consultants are pleased to offer a significant land holding on 4 titles located at 254A-268 Ballarat Road and 6-12 Annesley Street, Braybrook via Expressions of Interest closing Wednesday 28th November 2018 at 3pm.

The site will be offered as one, amassing an impressive 6,087m2* of Commercial 2 Zoned land which strongly encourages the development of large format retail, commercial, display showroom, office suites, medical, service station, supermarket and industrial (STCA).

Neighbours include Bunnings, BP, Woolworths, Coles, Holden, Autobarn, BCF, A-Mart Furniture, Chemist Warehouse, McDonalds, KFC as well as the Ashley Hotel and Braybrook Hotel.

The combined lots offer frontage of over 60m* to Ballarat Road and over 100m* to Annesley Street and multiple entry points. Current improvements include a small office/showroom of 255m2* at 268 Ballarat Road with the residual area being vacant land used for car display and storage.

The site is prominently positioned on Ballarat Road bordered by main roads McIntyre and Ashley Streets with exposure to over 44,000* passing daily vehicles. This main arterial provides easy access to the Western Ring Road which is 5.6km* from the site with connecting linkages to Western Freeway, Calder Freeway and Tullamarine Freeway. The site is also well serviced by public transport with multiple bus services at its doorstep and Tottenham Train Station 3km* away.

For further information please contact CVA Property Consultants.

*approx

Additional Info
Features
Lease TermNil
Rent ReviewNil
AvailabilityUpon settlement
Permits IssuedNo
Suitable DevelopmentMedical, Supermarket, Office, Showroom, Childcare
ZoningCommercial 2 Zone
Outgoings
Owners’ CorporationTBA
Council RatesTBA
Water RatesTBA
Land TaxTBA
Agent Details
CVA Property Consultants - Anthony Carbone

Anthony Carbone

M | 0488 440 190
T | (03) 9623 2559
E | [email protected]

CVA Property Consultants - Leo Mancino

Leo Mancino

M | 0418 343 147
T | (03) 9623 2570
E | [email protected]