893-895 Princes Highway, Springvale, Vic 3171

Industrial/Warehouse
Contact Agent
Published on: 04 Sep 2024
Last updated on: 28 Oct 2024
893-895 Princes Highway, Springvale, Vic 3171
893-895 Princes Highway, Springvale, Vic 3171
893-895 Princes Highway, Springvale, Vic 3171
+7
893-895 Princes Highway, Springvale, Vic 3171
  • 7
  • 1
Property ID: 504679880
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Key property information

Land Size
123,462.05 sq ft
Floor Area
52,226.49 sq ft
Tenure Type
vacant

High profile South East landholding with development potential

893-895 Princes Highway, Springvale, Vic 3171
Cushman & Wakefield and Colliers, are excited to offer for sale 893-895 Princes Highway, Springvale, VIC. A 1.15-hectare landholding with 84 metres of direct frontage onto Princes Highway within Melbourne’s coveted Monash National Employment and Innovation Cluster (NEIC), the property combines existing functional improvements with the significant development upside (STCA).

Key Investment Highlights include:

•	High profile landholding, providing 84 metres of frontage to Princes Highway.
•	Rare owner occupier or investment opportunity, with near term lease expiry (Dec-24).
•	Ability to enhance returns via redevelopment (STCA)
•	Seamless access to Princes Highway, Eastlink (M3) and the Monash Freeway (M1). 
•	Population reach of 1.1 million households within 30-minute drive.
•	Excellent location fundamentals with low vacancy (1.7%) and high rental growth (14.7% YoY).

The asset is being offered via an Expressions of Interest (EOI) campaign closing Thursday 17th October 2024 at 12pm AEST.

For further information please contact the below exclusive marketing agents.

Chris Jones | +61 477 881 882 | Chris.A.Jones@cushwake.com
Charlie Holmes | +61 439 334 154 | Charlie.Holmes@cushwake.com
Kosta Filinis | +61 448 500 999 | kosta.filinis@cushwake.com
Gareth Jackson | +61 408 556 338 | gareth.jackson@cushwake.com
Richard Wilkinson | +61 431 156 990 | richard.wilkinson@colliers.com
Jonathan Mercuri | +61 401 693 450 | Jonathan.mercuri@colliers.com

Property Details

Basic Info

Property Type
Industrial/Warehouse
Listing Status
On Market
Land Size
123,462.05 sq ft
Address
893-895 Princes Highway, Springvale, Vic 3171

Floorplans and tours

Floorplan
Richard Wilkinson
Jonathan Mercuri
Level 7, Chadstone Tower One 1341 Dandenong Rd, Chadstone, Vic 3148
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Contact Agent

Colliers - Melbourne East

Level 7, Chadstone Tower One 1341 Dandenong Rd, Chadstone, Vic

Richard Wilkinson
Richard Wilkinson
Jonathan Mercuri
Jonathan Mercuri

Cushman & Wakefield - Melbourne

Level 9, 385 Bourke Street, Melbourne, Vic

Chris Jones
Chris Jones
Kosta Filinis
Kosta Filinis
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      Property ID: 504679880

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