Phillip Commercial Development Sites, 103 Hindmarsh Drive & 174 Melrose Drive,
Phillip, ACT 2606
For sale by Tender closing Friday 28 February 2020
Key property information
Map of Phillip Commercial Development Sites, 103 Hindmarsh Drive & 174 Melrose Drive
Phillip Commercial Development Sites
- 2 x CZ3 Development Sites
- Prime corner location
- Very accessible location
This is a rare opportunity to purchase a sizable land holding in a great location.
103 Hindmarsh Drive and 174 Melrose Drive Phillip in the ACT are being offered for sale jointly or individually.
Both properties are currently occupied but are being offered for sale with vacant possession on settlement.
This prime location on the perimeter of the Phillip commercial precinct facing the Woden town centre has excellent exposure to two of Woden’s busiest arterial roads.
103 Hindmarsh Drive sits adjacent 174 Melrose Drive and is currently leased to Home Timber & Hardware. The current building is a 2 level Home Timber & Hardware store with a total building area of approximately 2,506sqm.
174 Melrose Drive currently operates as the John McGrath Ford Dealership and is in a highly prominent position on the intersection of Hindmarsh Drive and Melrose Drive. This 2-level building accommodates a showroom, administration offices and car servicing facilities. The total area of the building is approximately 4,213sqm.
Both properties benefit from direct access to Melrose Drive and Hindmarsh Drive but also have access to Divine Court at the rear of each property.
Melrose Drive provides fast and easy access to Canberra City in the north and Tuggeranong in the south. Hindmarsh Drive provides easy access to the inner south of Canberra, Fyshwick, Queanbeyan and Canberra Airport.
The sites are in a CZ3: Services Zone which is a commercial zoning under the ACT Territory Plan. There are various uses available to be adopted subject to planning approvals on each block which are detailed in the respective Crown Leases.
Further to the permitted uses described in the respective Crown Leases, there are additional uses that may be pursued under the CZ3 zoning under the Territory Plan. In particular, Block 7 (Home Timber Hardware site), permits residential use under the Territory Plan subject to obtaining relevant approvals from the ACT Government.
Please call Alex Smith on 0409 007 649 to arrange an inspection or request further information.
Property ID: 503431338Last Updated: 20 Jan 2020