Sunshine warehouses near road and rail links

The Age

Friday April 2, 2010

THE industrial property at 528a Ballarat Road, Sunshine, is well situated for a variety of industrial purposes and its vacant land will appeal to developers.Sunshine is an established suburb and is less than 15 kilometres from Melbourne's CBD, and close to industrial precincts in nearby suburbs.The property is located close to the intersection of McIntyre Road and the Western Ring Road (on and off ramp). It is a kilometre away from the Sunshine shopping Centre and the Albion railway station, with a bus stop at the front door.The site is on 5 hectares (50,451 square metres) on two titles. The land is mostly flat, irregular in shape and is made up of vacant land, high-span warehouses of 4441 square metres and hardstand land.There is provision for 10-tonne overhead cranes and the zoning is Industrial 1.The property is offered for sale subject to two tenancies, which are currently returning a gross rental of $338,243 a year, plus GST.According to selling agent CVA Property Consultants, there is also an opportunity to develop or occupy part of the land immediately.For private sale. Price is $5 million-plus. For details, contact Leo Mancino from CVA Property Consultants on 9654 2311 or 0418 313 147.

© 2010 The Age

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