Colliers in conjunction with Garry Nash & Co, Wangaratta are pleased to offer for sale or lease this large-scale industrial and logistics facility at 23 Shanley Street, Wangaratta in Northern Victoria, with the following key attributes:
• Landmark asset strategically positioned close to the Hume Freeway, the key transport arterial linking Melbourne and Sydney
• Rare industrial and logistics offering of scale (15,799m²*) in the fast-growing Rural City of Wangaratta
• Substantial site area of 66,773m² (6.7ha*)
• Quality warehouse accommodation with high clearance storage and distribution area complemented by functional manufacturing and laboratory spaces
• Significant corporate office component and the ability to lease the two buildings (8,593m²* and 7,206m²*) separately or in-one-line.
• Significant infrastructure on site including back-up power generator, 3MW power supply, compressed air and climate control P&E for part of the warehouse (requires recommissioning), fire suppression to part of building.
• Multiple roller shutter doors (RSDs), recessed docks and ample hardstand for loading and truck circulation
• Substantial provision of on-site car parking (100+ spaces)
• Low existing site cover ratio of just under 24% presents value-add opportunity for the incoming purchaser or occupier to expand on existing improvements (STCA)
• Substantial growth potential through exposure to regional Victoria and a strong and diverse local economy – home to major manufacturing, transport and distribution activities