The Feel:Strategically positioned on the doorstep of the Drysdale town centre and benefitting from strong passing traffic, this freestanding commercial building sits on an impressive 1040sqm (approx.) site, providing an exciting opportunity for investment, owner occupation, or potential for redevelopment (STCA). With favourable Commercial 2 Zoning, the property currently offers a substantial warehouse/shopfront, coupled with common facilities and excellent parking, and presents a wonderful opportunity to secure a well-known building in a superb industrial locale.The Facts:-Outstanding commercial opportunity in Drysdale's industrial hub-Standalone warehouse, shed or large shopfront with an underlying land area of 1040sqm (approx.)-500sqm of under roof warehouse space-Potential to utilise or lease as two separate factories -Commercial 2 Zoning and 24.7m frontage provides enormous development potential-Existing building offers large clear span space + storage & bathroom facilities-4.5m roller doors provide outstanding entry clearance & access-On-site car parking for up to 8 vehicles-Unrivalled lifestyle amenity with Drysdale's retail and hospitality precinct within immediate proximity-Located amongst key local businesses including Coles, Aldi, Repco, Drysdale Removals & KFC-A rare opportunity for owner occupiers & investors to acquire a large freestanding building in a sought-after industrial precinct*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.
The size of Drysdale is approximately 40.1 square kilometres. It has 13 parks covering nearly 2% of total area. The population of Drysdale in 2011 was 4,316 people. By 2016 the population was 4,272 showing a population decline of 1.0% in the area during that time. The predominant age group in Drysdale is 60-69 years. Households in Drysdale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Drysdale work in a professional occupation. In 2011, 82.8% of the homes in Drysdale were owner-occupied compared with 81.4% in 2016.
Drysdale has 3,261 properties. Over the last 5 years, Houses in Drysdale have seen a 32.20% increase in median value, while Units have seen a 24.40% increase. As at 31 August 2024:
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