Stonebridge Property Group is pleased to present for sale 197 Hutton Road, Keysborough.
The 5,414 sqm* landholding is positioned adjoining the Keysborough South Shopping Centre on the corner of Chapel Road and Hutton Road. The Shopping Centre is anchored by a Woolworths Supermarket with supporting national tenants including BP, McDonalds, BWS and Dominos.
The key highlights of the opportunity include:
- Total landholding of 5,414 sqm* across a relatively flat land parcel
- Majority zoned Commercial 1 (C1Z) allowing for a multiple of high-quality development outcomes namely, retail, childcare, fast-food, medical or alternative uses (STCA)
- The property is surrounded by established national and local specialty groups and adjoining Keysborough South Shopping Centre. The centre is anchored by Woolworths, BWS, McDonalds, BP and supported by a series of specialty shops namely, Dominos, TSG, Key's Medical Centre and Pharmacy 4 less. This provides the opportunity to join a highly successful centre in a rapid growing precinct of Melbourne
- The property benefits from major exposure to consistent retail foot traffic leveraging from neighbouring retail trade
- Direct vehicle crossover on-title to Hutton Road – a major suburban arterial with exposure to 12,000^ daily passing vehicles, and providing access to Eastlink
- Neighbouring Chapel Park, a brand new mixed-used development injecting 110 brand new town homes and further activating the precinct.
- Median house price of $1,010,000^^ (above median Melbourne sale price)
- Previously permit approved for 231 place childcare centre
* Approximately
^VicRoads
^^REIV
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Julian White
0422 764 137
Chao Zhang ??
0411 625 068
Max Warren
0488 296 892
Property Code: 578