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Dawkins Occhiuto are pleased to exclusively present for your consideration the most significant infill opportunity to come to market in 2023.
Located approximately 23 kilometres southeast of the Melbourne CBD, 508-550 Wellington Road, Mulgrave represents an unprecedented opportunity to acquire an enormous 23.23 hectare* infill site within one of Melbourne’s most tightly held inner southeastern suburbs.
Underpinned by strong tenant covenants, the property offers an impressive, combined holding income, future development upside and the ability to reposition existing improvements, capturing rental reversion.
522-550 Wellington Road is home to Woolworths’ Victorian head office and one of two national distribution centres operated by the retail giant. 508-520 Wellington Road comprises Renold Australia’s head office, factory and distribution centre.
Key features of the offering include:
This standout property is offered for Sale In-One-Line via International Expressions of Interest closing Thursday, 24 August 2023 at 3.00pm (AEST).
Please contact exclusive selling agents, Dawkins Occhiuto for more information.
*Approx.
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