Ray White Commercial Oakleigh is thrilled to present to the market 26 Spring Square, Hallam which will be offered by way of a Public On-site & Online Auction scheduled for Thursday 24th November, 2022 @ 1:00pm. This property has sat idle for nearly half a century & last changed hands back in 1977. It has waited patiently watching Melbourne grow & surround it with road infrastructure, public transport, industrial warehouses, homes, schools and of course a thriving shopping centre which currently enjoys a 100% Occupancy Rate!
Spring Square Shopping Centre itself is anchored by Coles Supermarket and is accessible via the Monash Freeway (M1), Princes Highway & the South Gippsland Freeway. Businesses here include Liquorland, Australia Post, Pharmacy, Dentists, Lawyers, Real Estate Agencies, Restaurants, Salons, Bakeries, Fish n Chips, KB Spice Groceries & a Newsagency along with many other specialty stores & food outlets. Bunnings Warehouse can be found trading 1km* down the road with Hallam Secondary College 500m* away.
26 Spring Square in Hallam is the last piece of the puzzle at Spring Square Shopping Centre and is eagerly waiting to be developed in order for it to fulfil its true potential - this opportunity is 45 years in the making with NO GST payable on the purchase price!
• Total land area | 186m2* (6.3m* frontage)
• Huge Development Potential (STCA)
• Last remaining blank canvas opportunity in thriving Shopping Centre with a 100% Occupancy Rate
• Anchored by Coles Supermarket and complimented with an abundance of public car parking
• Easy access to major arterials including the Monash Freeway (M1) & Princes Highway
• R.O.W access aiding any development or future occupants whether it be you or your future Tenant
• Commercial 1 Zone (C1Z)
• NO GST payable
• Terms: 10% Deposit, balance in 30/60/90 days
For further information please contact one the exclusive marketing agents:
Theo Karkanis | 0431 391 035
George Ganavas | 0478 634 562
For those unable to attend this highly anticipated Auction, it will also be held online via anywhereauctions.com.au of which you will be able to bid from the comfort of your home, office or favourite cafe.
To Register to Bid Online: Please visit the Anywhere Auctions website or download the app and click on the "Register to Bid" button against this property:
https://anywhereauctions.com.au/app/property?propertyId=27269
*All areas and figures approximate only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.