836 Mountain Highway,
Bayswater, VIC 3153
Warehouse, Factory & Industrial • Development Sites & Land • Other
Price information
Sale - Expression of Interest
Contact Agent
Key property information
Land area
Floor area
Property extent
Zoning
Municipality
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$594,104
Number of Tenants
2 Tenants
Private inspections
to arrange a private inspection.
JLL - Melbourne
Level 40, 101 Collins StreetMELBOURNE, VIC 3000
836 Mountain Highway
Bayswater, VIC 3153
Map of 836 Mountain Highway
Train stations within 5 km of 836 Mountain Highway, Bayswater, VIC 3153 Distance Bayswater Station 712 m Boronia Station 2.6 km Heathmont Station 2.9 km Ringwood East Station 3.7 km Ringwood Station 4.7 km POWERED BY HERE ©Bus stops within 5 km of 836 Mountain Highway, Bayswater, VIC 3153 Distance Dunlop Ct/Mountain Hwy (Bayswater) 78 m Mountain Hwy/Bayswater Rd (Bayswater) 347 m Mountain Hwy/Jersey Rd (Bayswater) 477 m Senior Citizens CentreMountain Hwy 498 m 32 Jersey Rd 530 m POWERED BY HERE ©
POWERED BY HERE ©
Substantial Industrial Property on High Profile Corner
- 1.87 Ha* infill development site
- Short WALE providing holding income
- Located within land constrained precinct
Dawkins Occhiuto and JLL are pleased to present for your consideration an exceptional infill development site with a peak of possibilities.
Located approximately 33km east of the Melbourne CBD, 836 Mountain Highway represents an unprecedented opportunity to acquire an exceptional infill site within one of Melbourne’s most tightly held eastern suburbs. This location opens doors for developers and owner occupiers to venture into a highly constrained land precinct in Melbourne's East, presenting a rare opportunity to enhance its value.
The property is currently the Australian head office of Rosebank Engineering, a 100% owned subsidiary of the ASDAM Group. The improvements are in functional condition and provide a low site coverage of 45%*, with ample on-site car parking and hardstand available, and multiple points of ingress and egress.
Key features of the offering include:
+ Industrial 1 zoned site of 1.87 Ha*
+ Manufacturing facility and ancillary improvements of 8,457 sqm*
+ Exceptional development potential for a new industrial warehouse, self-storage facility, logistics facility, manufacturing plant or industrial units (STCA)
+ 100% leased to Rosebank Engineering until November 2024, with recent notice received from the tenant to exercise their option until November 2025
+ Triple Net Lease providing a holding income of $594,104 p.a.* (as at 1 February 2024)
+ Substantial corner site with 159m* of frontage to Mountain Highway and 135m* to Dunlop Court
+ Situated within the tightly held Bayswater precinct
This property is offered for Sale via International Expressions of Interest closing Wednesday, 13 March 2024 at 3.00pm (AEDT).
Please contact exclusive selling agents, Dawkins Occhiuto and JLL, for more information.
*Approximately
Located approximately 33km east of the Melbourne CBD, 836 Mountain Highway represents an unprecedented opportunity to acquire an exceptional infill site within one of Melbourne’s most tightly held eastern suburbs. This location opens doors for developers and owner occupiers to venture into a highly constrained land precinct in Melbourne's East, presenting a rare opportunity to enhance its value.
The property is currently the Australian head office of Rosebank Engineering, a 100% owned subsidiary of the ASDAM Group. The improvements are in functional condition and provide a low site coverage of 45%*, with ample on-site car parking and hardstand available, and multiple points of ingress and egress.
Key features of the offering include:
+ Industrial 1 zoned site of 1.87 Ha*
+ Manufacturing facility and ancillary improvements of 8,457 sqm*
+ Exceptional development potential for a new industrial warehouse, self-storage facility, logistics facility, manufacturing plant or industrial units (STCA)
+ 100% leased to Rosebank Engineering until November 2024, with recent notice received from the tenant to exercise their option until November 2025
+ Triple Net Lease providing a holding income of $594,104 p.a.* (as at 1 February 2024)
+ Substantial corner site with 159m* of frontage to Mountain Highway and 135m* to Dunlop Court
+ Situated within the tightly held Bayswater precinct
This property is offered for Sale via International Expressions of Interest closing Wednesday, 13 March 2024 at 3.00pm (AEDT).
Please contact exclusive selling agents, Dawkins Occhiuto and JLL, for more information.
*Approximately
Property ID: 504510792Last Updated: 16 Feb 2024
JLL - MelbourneLevel 40, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Dawkins Occhiuto - South YarraSuite 12, Level 3, Como Centre, 299 Toorak Road
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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