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Gross Waddell ICR - Commercial

1232 & 1234 Sydney Road Fawkner, VIC 3060

1232 & 1234 Sydney Road,
Fawkner, VIC 3060

Warehouse, Factory & Industrial • Development Sites & Land
Added 3 days ago

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Gross Waddell ICR - Commercial
Raff De Luise
Julian Materia

Gross Waddell ICR - Commercial

Level 1, 30 Collins Street
MELBOURNE, VIC 3000
Gross Waddell ICR - Commercial
1232 & 1234 Sydney Road
Fawkner, VIC 3060

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2 Titles Offered in One Line | Industrial Zoned

Gross Waddell ICR are pleased to offer for sale 1232 & 1234 Sydney Road, Fawkner, a high-exposure industrial landholding comprising two titles offered in one line, positioned along one of Melbourne’s key arterial roads.

Located directly opposite Fawkner Cemetery, this strategically positioned property benefits from exceptional passing traffic, outstanding visibility, and seamless access to Melbourne’s northern, western and CBD markets. The site is currently improved with a total building area of 340 sqm*approx and is tenanted by two separate occupants, both subject to development break lease clauses, providing flexibility for investors, owner-occupiers or developers.

With Industrial 3 zoning (IN3Z), low site coverage and strong Sydney Road frontage, the property presents a rare opportunity to secure a versatile holding with immediate income and genuine long-term development upside (STCA).

Key Property Highlights
• Two titles offered in one line
• Combined land area: 1,373 sqm*approx
• Total building area: 340 sqm*approx
• Low site coverage with future development upside (STCA)
• Prominent Sydney Road exposure with strong passing traffic
• Industrial 3 Zoning (IN3Z)
• Currently tenanted with development break lease clauses^
• Excellent access to the Western Ring Road and Melbourne’s major arterials


Auction:
Wednesday 4th March at 12:00pm (Onsite)

Sales Terms:
• 10% deposit
• 60-day settlement

For further information or to arrange a private inspection, please contact the exclusive industrial sales agents from Gross Waddell ICR.

*Approx.
^Due Diligence

Fawkner, 3060 demographic data

The median household income for Fawkner is $1,428, 25% lower than Greater Melbourne's household income of $1,901. Fawkner has a younger age profile compared to the rest of Greater Melbourne (median age 35 vs 37). Property ownership data shows 44% of property owners in Fawkner have a mortgage.

14,274
Population
$1,428 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households

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