490 Blackshaws Road Altona North VIC 3025

CBRE is pleased to offer 490 Blackshaws Road, Altona North, Melbourne, for sale. This asset represents an opportunity to acquire a strategically rare infill industrial parcel offering holding income, with significant development potential (STCA).

Situated on a substantial industrial 1 zoned 20,099sqm* site within the established inner-western location of Altona North, approximately 10km* west of the Melbourne CBD and 7.5km* west of the Port of Melbourne.

Altona North is known for its high underlying land value and its proximity to Melbourne's CBD and port, along with the closest entrance to the West Gate Tunnel to be completed in 2023.

The property is underpinned by a lease with strong holding income.

Altona North presents a rare opportunity to secure a superbly located development site with significant value add opportunities within one of Melbourne's most sought after inner-western industrial & logistics locations.

Please contact marketing agents for a copy of the information memorandum and further details.

*Approx.