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For Sale | Development new

Prime 7.54ha* infill development site with secure income

1-31 Riggall Street
Broadmeadows, VIC 3047
Australia
Inquire About This Property
Building Size:
24,588 SQM
Lot Size (SQM):
75400

For Sale by Expressions of Interest closing at 4pm on 26 March 2020. Cushman & Wakefield and Gross Waddell are pleased to present this prime infill redevelopment site with secure holding income for sale.

Key Property Features:

  • Land area: 7.54 ha*
  • Total building area: 24,588 sqm*
  • Offered for sale with a 3 year leaseback to Visy Packaging
  • Fixed net rent of $1,320,000 p.a
  • Currently zoned Commercial 2 Zone
  • Within the Greater Broadmeadows Framework Plan
  • Within strategic priority precinct B future mixed use area
  • Potential for townhouse development and other uses (STCA)
  • Proximity to Broadmeadows town centre
  • Elevated site with exceptional city views
  • Highly efficient site with multiple street frontages
  • Elevated site with city views
  • Convenient access to Broadmeadows Train Station
  • Access to Pascoe Vale Road and the Western Ring Road
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