87 - 93 Elm Park Drive, Hoppers Crossing, VIC 3029

Development/Land | Industrial

Sold $3,500,000

  • Property ID: 294798
  • Floor Area: 847m²
  • Land Area: 6398m²
  • NBN Availability: Build Commenced
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Building Sold N/A 847m2 6398m2 N/A
Significant Site - Two Titles

This outstanding property is strategically positioned in the renowned Hoppers Crossing industrial precinct. Boasting dual street access, the substantial Industrial 3 Zoned landholding of 6,398m2* is split across two titles and share a combined street frontage of 64m*.

Property Summary:

- Total land area: 6,398m2*
- Total building: 847m2*
- Total warehouse: 672m2* including first floor mezzanine of 102m2*
- Fully refurbished air-conditioned office: 175m2*
- Concrete hardstand: 870m2*
- Canopy area: 230m2* 9m* clearance
- Substantial yard
- Internal gantry crane
- Two external cranes (non-operational)
- Three motorised RSD's
- Staff amenities
- Large power supply available to each lot
- Suitable for a multitude of uses (STCA)

Conveniently located within close proximity to Old Geelong Road, the property enjoys immediate access to all major arterials including Forsyth Road and the Princes Freeway. The property is surrounded by major occupiers including Bunnings, Rays Outdoors, Mitre 10, Baby Bunting, A-Mart, Harvey Norman and Fantastic Furniture to name a few.

For further information please contact CVA Property Consultants.

Additional Information
Features
  • Availability: Upon Settlement date
  • Zoning: Industrial 3
  • Suitable Development: Office warehouse (STCA)
  • Permits Issued: No
  • Lease Term: Long
  • Rent Review: Negotiable
  • Car Spaces: Yes onsite parking available
  • Condition: Good
  • Air Conditioning: Yes / office
  • Roller Doors: 3
  • Floors: Concrete / carpet
  • Lifts: No
  • Height: 6.7 metres approximately
  • Age: 15 years approximately
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: TBA
  • Land Tax: TBA
  • Council Rates: TBA
  • Owners Corp. / Insurance: TBA
Hoppers Crossing Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3862 $368 9.54%
Offices --- $368 ---
Industrial $3148 $142 4.51%
This is the average advertised price, rent and yield for Hoppers Crossing, VIC 3029*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 87 - 93 Elm Park Drive, Hoppers Crossing, VIC 3029. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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