Exclusive Offer:

On behalf of our valued Client, Colliers, have the pleasure in exclusively offering to market the opportunity to acquire a large-scale infill redevelopment site with institutional fundamentals and unparalleled prominence and exposure in one of Melbourne’s most tightly held industrial precincts – introducing 260-280 Governor Road, Braeside.

This is the last remaining greenfield opportunity of scale in Braeside providing buyers with the unique opportunity to acquire an uncomplicated 2.913ha* serviced & titled parcel underpinned by a super prime main road location on dual street frontages.

Key investment highlights Include:

• A rare significant infill site of 2.913ha* in one of Victoria’s most sought after industrial precincts
• The last remaining and most recognised parcel of scale in the bayside industrial area
• Permit approval in place for multi unit strata development
• Immediate potential for development of a landmark institutional grade business park or small format industrial development (STCA)
• Two expansive street frontages totalling close to 300m* providing maximum exposure and development flexibility
• Uncomplicated titled & serviced parcel
• Strategic position in the precinct surrounding hugely successful industrial business parks including Chifley Business Park (Goodman) and Braeside Industrial Estate (Frasers)
• 200m* from Mordialloc Freeway on/off ramps providing connectivity to significant surrounding residential catchments
• Highly land constrained industrial and logistics precinct with limited future competition creating favourable demand/supply dynamics for developers who can capture significant unsatisfied demand in the marketplace
• Provides immediate exposure to the Core South East’s booming industrial market benefitting from significant capital and rental growth
• Permit in place for a strata industrial & storage development providing immediate scope to cater to unsatisfied demand in the precinct

In a market devoid of blue-chip opportunities 260-280 Governor Road, Braeside is ripe to enter it’s next stage of life providing the ideal opportunity to acquire the last remaining significant greenfield site in the Bayside area that is underpinned by an excellent location, exceptional surrounding infrastructure in a precinct that is effectively fully developed with limited future opportunities.

260-280 Governor Road is offered for sale via Expression of Interest closing Tuesday, 17th October at 4pm (AEDT).

*Approximate
**Outlines indicative only