JLL is delighted to exclusively offer for sale, 575 Burwood Hwy, Knoxfield, via Expressions of Interest closing Tuesday, August 27th at 3pm (AEST).
The property presents a truly unique and rare opportunity for owner-occupiers and investors to secure a highly sought-after freehold facility in Victoria's tightest industrial market, Melbourne East.
The facility offers numerous advantages that make it an ideal choice for occupiers in search of a strategically located site with enhanced logistics capabilities including a recessed loading dock.
575 Burwood Hwy is prominently located in the heart of Knoxfield's industrial precinct, situated just 36km* from the CBD and moments away from major arterial roads: Stud Road, High Street & Ferntree Gully & premium amenities including: Westfield Knox.
Property Highlights:
Dual storey office area: 960sqm*
High-clearance warehousing area: 4,388sqm*
Total building area: 5,348sqm*
Total site area: 11,245sqm*
One (1) Recessed loading dock & one (1) wide on-grade roller shutter door
Natural gas supply
Two 5 tonne cranes
Large Loading canopy
Abundance of onsite carparking
Securely Gated facility
Core infill 'last mile' destination
2 Street crossovers from Burwood Highway and Parkhurst Drive, providing drive through access.
Zoned industrial 1 (IND1) in the City of Knox
Melbourne's Eastern industrial market continues to see strong rental growth surpassing 28% over the past 12 months, given minimal vacancy and sustained demand from tenants which underpins the investment fundamentals for the asset together with the high underlying land value.
This rare opportunity, with no comparable facilities in sight, should not be overlooked. Whether businesses require a functional logistics facility or a core manufacturing factory, 575 Burwood Highway presents an irresistible opportunity for occupiers to enhance operations and establish a strong presence in Melbourne East's industrial market.
For further information or to arrange an inspection, please contact JLL's, Harry Larwill, Lachlan Ferguson or Joel Scully. All inspections must be booked in advance.
*Approx.