Generational Industrial Site with Significant Upside
- Enormous development potential
- Significant rental upside
- Approx. 76m frontage to Canterbury Road
Cameron is delighted to exclusively present 159 Canterbury Road, Kilsyth to market via private sale. This substantial industrial site presents an exceptional opportunity for investors, developers and owner-occupiers.
The property is situated in an extremely tightly held area of Kilsyth with ultra-low vacancy rates and minimal industrial supply. The property is offered with passing income, with the ability to occupy or re-let the remaining tenancies with significant rental upside.
Total building area across 6 buildings: 8,771 m²
Total land area: 17,586 m²
Key highlights:
* Significant land holding
* Industrial 1 zoning
* Holding income of $360,604 per annum + GST & outgoings, monthly & short term tenancies
* Opportunity for substantial rental upside
* Unparalleled development potential (STCA)
* Premium access to major arterial roads
* Ultra-low industrial vacancy rates throughout the City of Yarra Ranges and surrounding areas
* Strategic location home to major retailers including Bunnings, Officeworks, Anaconda and more
To arrange an inspection or request further information please contact the exclusive selling agents at Cameron.
All measurements are approximate and outlines are indicative only.
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