Improvements - Constructed in 2008, The Property presents an impeccable asset, in excellent condition. Built to a high standard and positioned on a prime 4010m2 stand alone allotment in a highly desirable area of Yarrawonga accommodating a concentration of corporate tenants in a manicured commercial precinct.
The facility includes two separate high clearance warehouses each approximately 900m2 in area. The warehouse to the front of the allotment has a well facilitated ground level office area (approx. 110m2 ) with a mezzanine which provides additional office space and amenities. The second warehouse to the rear of the allotment has separate M/F amenities and provisions for a future office with mezzanine above. Both warehouses feature a series of roller doors that provide cross flow ventilation and excellent access to hard stand areas.
The 4010m2 allotment provides significant lay down area, on site parking and accessibility for heavy vehicles including semi trailer access. Clever configuration of the property means there is potential for leasing as a whole or separately to multiple tenants.
Key Features:
Leased to National Tenant
4010m2 freehold site ( zoned SC )
Two Separate warehouses
2020m2 gross building area ( approx. )
High level of versatility
Extensive on site parking and hard stand
Secure fenced site
High quality businesses in neighbourhood
Close proximity to New Palmerston Hospital and CBD
The size of Yarrawonga is approximately 1.5 square kilometres. It has 1 park covering nearly 2.1% of total area. The population of Yarrawonga in 2011 was 69 people. By 2016 the population was 26 showing a population decline of 62.3% in the area during that time. The predominant age group in Yarrawonga is 70-79 years. Households in Yarrawonga are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Yarrawonga work in a trades occupation. In 2006, 20% of the homes in Yarrawonga were owner-occupied compared with 36.4% in 2011..
Yarrawonga has 424 properties. As at 31 October 2024:
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