FOR SALE
$2,500,000 - $2,600,000

23 Jorgensen Parade
Kinglake West VIC 3757

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2833m2
Land area: 20056m2
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LARGEST 5 ACRE INDUSTRIAL SITE IN THE DISTRICT

A prominent large multi-allotment site with long term established tenant with a full level 5 title Industrial 1 Zone approx. 1 hour to Melbourne in prime location. This rare commercial property in this position provides the perfect opportunity for long term investors or large scale business pursuits for future endeavours.
Culminating a mix of current site uses and home to long standing tenant KLMSA Modular it has catered to large modular installation production. There are 7 main buildings across the complex from an array of machinery sheds to office spaces and lunchrooms. The infrastructure is designed for a high production line end to end solution producing commercial material on an industrial scale. 3 bitumen road access points and fully fenced lots divided into 4 main sites comprise:
Site 1 (12 Margaret Street) 3,985m2.
- Head Office with bathroom facilities.
- 7 office spaces/rooms, reception, conference room, lunchroom.
- Factory 1. 21x30m (630m2) floor area with concrete base, power and upstairs office and lunchroom.
- Factory 2. 16x30m (480m2) floor area with concrete base, power and storage.
- 2x wall frame sheds, external canopy and 11x4m storage shed. Dual access concrete driveway.
Site 2 (12 Oldfield Road) 4,035m2
- 102.3m level parking site with storage shed fully fenced with access into site 3.
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Property Details for 23 Jorgensen Pde, Kinglake West

Building Type
Commercial
Floor Size
2833m2
Land Size
20056m2

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About Kinglake West 3757

The size of Kinglake West is approximately 65.3 square kilometres. It has 3 parks covering nearly 36.2% of total area. The population of Kinglake West in 2011 was 1,065 people. By 2016 the population was 1,156 showing a population growth of 8.5% in the area during that time. The predominant age group in Kinglake West is 40-49 years. Households in Kinglake West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kinglake West work in a trades occupation. In 2011, 93.3% of the homes in Kinglake West were owner-occupied compared with 91.4% in 2016.

Kinglake West has 626 properties. Over the last 5 years, Houses in Kinglake West have seen a 36.21% increase in median value, while Units have seen a 59.41% increase. As at 31 October 2024:

  • The median value for Houses in Kinglake West is $954,429 while the median value for Units is $975,505.
  • Houses have a median rent of $310.
There are currently 12 properties listed for sale, and no properties listed for rent in Kinglake west on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Kinglake west.

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William Verhagen
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