Jones Real Estate team is excited to present this prominent & established industrial warehouse, exceptionally positioned within the heart of Melbourne's south-eastern industrial precinct of Rowville, offering an increasingly rare opportunity to acquire within one of Australia's most tightly held industrial precincts.
Positioned on the doorstep of the Eastlink arterial network, this impressive freehold industrial property is directly adjoined by large residential catchments and allows for fantastic access to Melbourne's major arterial road networks.
7 Hi-Tech Place, Rowville is For Sale via Public On-Site Auction on Wednesday 13th December at 10:30am.
Key features of this property include:
- Two (2) prominent & established precast industrial warehouse opportunities, individually spanning 332sqm* with a combined total floor area of 664 sqm*.
- Clear span factory / warehousing providing 8m* of height throughout.
- Two (2) roller shutter doors, allowing for desired loading capabilities.
- Twelve (12) on-site car parks on title.
- Short-term holding income of $100,000.00 per annum + GST & Outgoings.
- Comprehensive security camera system for additional peace of mind.
- Take advantage of record low industrial vacancy and make your mark in Melbourne's premier southeastern precinct which holds a 1.30% industrial vacancy rate^.
- Positioned just seconds away from Wellington and Stud Road, the property boasts terrific accessibility to the Stud Park Shopping Centre, home to major national retailers: Woolworths, Coles, Kmart, Chemist Warehouse, BWS & ANZ.
- This highly sought after offering is positioned on the doorstep of major transport arterials, providing convenient access to the Eastlink Freeway, Ferntree Gully Road and Burwood Highway.
- This property is zoned Industrial 1 Zone IN1Z.
*Approx.
^Urbis.com.au, Q2 2023
For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
The size of Rowville is approximately 21.7 square kilometres. It has 63 parks covering nearly 23.9% of total area. The population of Rowville in 2011 was 34,145 people. By 2016 the population was 33,689 showing a population decline of 1.3% in the area during that time. The predominant age group in Rowville is 50-59 years. Households in Rowville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rowville work in a professional occupation. In 2011, 84.6% of the homes in Rowville were owner-occupied compared with 82.4% in 2016.
Rowville has 14,018 properties. Over the last 5 years, Houses in Rowville have seen a 26.41% increase in median value, while Units have seen a 12.12% increase. As at 31 October 2024:
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