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Darcy Jarman - Geelong

403-405 Old Geelong Road Hoppers Crossing, VIC 3029

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403-405 Old Geelong Road,
Hoppers Crossing, VIC 3029

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Property extent

Zoning

Tenure type

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Darcy Jarman - Geelong
Tim Darcy
Andrew Prowse

Darcy Jarman - Geelong

Level 1, 89 West Fyans Street
NEWTOWN, VIC 3220
Darcy Jarman - Geelong
403-405 Old Geelong Road
Hoppers Crossing, VIC 3029

Map of 403-405 Old Geelong Road

Directions

Strategic Land Site located on the Golden Mile

  • Exceptional Main Road Exposure
  • Short-Term Holding Income
  • Ready to Occupy or Develop Immediately
Darcy Jarman in conjunction with Knight Frank, are pleased to exclusively present For Sale via Public Auction 403-405 Old Geelong Rd Hoppers Crossing – a significant opportunity to acquire one of the last remaining strategic land holdings in Melbourne’s tightly held south-west industrial precinct.

The offering provides a multitude of future occupancy, subdivision, and development opportunities (STCA), additionally benefitting from current short-term holding income.

The property is uniquely positioned within the tightly held infill location of Hoppers Crossing, situated within immediate proximity to large residential catchment and skilled workforce areas, as well as key western linkages such as Princes Freeway and Old Geelong Road. The precinct is land constrained with limited future land competition, housing some of Australia's major household retail brands such as Bunnings Warehouse, Good Guys, and the Harvey Norman Home Maker Centre to name a few.

The area is serviced by Melbourne’s main arterial roads providing access to:

+ Port of Melbourne - 20 minutes
+ Melbourne CBD - 30 minutes
+ Tullamarine Airport - 32 minutes
+ Avalon Airport - 28 minutes

Key features include:
+ Total Site Area: 3621 sqm*
+ Industrial 1 Zone under City of Wyndham Planning Scheme
+ Strategic Main Road Location
+ Rectangular Parcel
+ Short-Term Holding Income (circa $75,000pa)
+ GST not applicable on the sale of this property
+ Immediate access to Princes Freeway

*Approx.

For sale via on-site public auction commencing Thursday 24th November 2022 at 12pm.

Please contact one of the exclusively appointed agents today for further information or to arrange an on-site inspection.

Additional information

Hoppers Crossing, 3029 demographic data

The median household income for Hoppers Crossing is $1,580, 17% lower than Greater Melbourne's household income of $1,901. Hoppers Crossing has a similar age profile compared to the rest of Greater Melbourne (median age 37). Property ownership data shows 52% of property owners in Hoppers Crossing have a mortgage.

37,216
Population
$1,580 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households