OFF MARKET

12 Margaret Street
Kinglake West VIC 3757

Bedrooms: -
Bathrooms: -
Car spaces: 136
Land area: 20056m2
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Property Details for 12 Margaret St, Kinglake West

Building Type
Commercial
Land Size
20056m2
Local Government
Murrindindi
Lot/Plan
8~B/PP5632

Last Listing description (December 2024)

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 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.

- Township Zone.
- Head Office with bathroom facilities, 7 office spaces/rooms, reception, conference room, lunchroom.
- Factory 1. 21x30m (630m2) floor area, concrete base, power and upstairs office and lunchroom.
- Factory 2. 16x30m (480m2) floor area, 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
- Industrial 1 Zone with dual frontage.
- 102.3m level parking site with storage shed fully fenced with access into site 3.
- Site can be used for entry/exit, building yard, storage/parking.

Site 3 (Lot 8 & 9, 21 Jorgensen Parade) 8,083m2
- Industrial 1 Zone.
- 3 access points to adjacent sites and road access to Jorgensen Parade.
- Dual title site used for building assembly yard and modular preparation work. Heavy vehicle access for transport and delivery.

Site 4 (23 Jorgensen Parade) 3953m2
- Industrial 1 Zone.
- Factory 3. 26.7x49m floor area 1308.3m2 in total being the largest commercial shed in the district. Front and rear access, concrete base, power and mezzanine.
- Access to Jorgensen Parade. Ample off street parking.
- Trades lunchroom and office catering to large workforce with bathroom facilities.

All sites total 20,056m2 with over 2462.3 in warehouse size with an array of use cases for each. Water storage comprises 7 tanks approx. 137,000L in total. Further information can be provided for the long term lease with 5 year tenure and strong return. Astute buyers are welcome to peruse the site plan and arrange private inspection accompanied by agent and site manager.

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Property History for 12 Margaret St, Kinglake West, VIC 3757

A timeline of how this property has performed in the market
Last Sold
$190,000
18 Nov 1991
  • 13 Dec 2023
    Listed for Sale $2,500,000 - $2,600,000
  • 31 Mar 2023
    Listed for Sale $2,500,000 - $2,600,000
  • 18 Nov 1991
    Sold for $190,000

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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 624 properties.

    There are currently 7 properties listed for sale, and no properties listed for rent in Kinglake west on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Kinglake west.

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