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Highett Shopping Centre, 284-286 Highett Road, Highett, Vic 3190

Highett Shopping Centre, 284-286 Highett Road, Highett, Vic 3190

Land/Development Retail

  • Sold Contact Agent
  • Wed 15-Oct-08

  • Land Area
  • 1.11ha (2.74 acres) (approx)
  • Floor Area
  • 7,810 m²
  • Tenure Type
  • Vacant Possession
  • Last Updated
  • Dec 05, 2013
  • Municipality
  • Bayside
  • Car Spaces
  • 460
  • Zoning
  • Business Zone 2

Interested in this property? Contact an Agent today

JLL - Melbourne

Level 21, Bourke Place, 600 Bourke Street

Melbourne Vic 3000

Stephen Bolton
JLL - Melbourne Investment Sales / Capital Markets

Level 21, Bourke Place, 600 Bourke Street

Melbourne Vic 3000

Steve Messina

Mixed Use Development Opportunity in Bayside Location

This landmark "mixed use" development site with a current planning permit for 7,810 sqm of retail, 115 apartments and 460 car spaces and including a 20 year agreement to lease from Woolworths for a Safeway Supermarket and Liquor, provides the developer / builder the ideal opportunity to enhance this 11,099 sq metre, business 2 zoned site.

The property enjoys a wide frontage of 151 metres (approx.) to the busy Highett Road, which links to the Nepean Highway and the Melbourne CBD, and a frontage to Graham Road of 65 metres (approx.). The property is located opposite the Highett Railway Station and is complimented by the busy Highett strip shopping centre.

The salient features of the property include:

- Current plannning permit
- 11,099 square metres (approximately) of site area
- Two street frontages; corner location (Highett Road & Graham Street)
- 20 year lease agreement to Woolworths
- Will provide Safeway with the only "full-line" supermarket in the Bayside area
- Cleared site ready for development
- Long term growth in emerging Bayside residential area

Highett Shopping Centre, 284-286 Highett Road, Highett, Vic 3190

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