89 Camms RoadThe Patch VIC 3792
Property Details for 89 Camms Rd, The Patch
Last Listing description (July 2024)
LAWD, in conjunction with Colliers, are delighted to present for sale, 89 Camms Road in the Patch, a rare opportunity to acquire a 13.068ha* industrial investment opportunity which provides long term higher order redevelopment (STCA) and landbanking potential within Melbourne's supply constrained eastern growth corridor.
Benefiting from approximately 18,288sqm of highly functional and versatile manufacturing improvements, the offering provides prospective purchasers with numerous value add/redevelopment possibilities and a secure short-term holding income of $1,650,000 per annum net.
Key Property Features:
+ Secure short-term holding income of $1,650,000 per annum net
+ Substantial scale of13.068ha* across two contiguous titles
+ Potential to appeal to a wide array of prospective purchaser's including but not limited to high-net-worth investors, landbankers and owner occupiers
+ 18,288sqm*of highly functional and versatile improvements which are suited to a diverse pool of occupiers/sector types
+ Multitude of value-add, repositioning & redevelopment opportunities provided by the dual Industrial Three (IN3Z) and Green Wedge (GWZ) zonings of the property (STCA)
+ One of the last remaining sites of this nature throughout the wider Eastern region of Melbourne
89 Camms Road is available to purchase via Private Sale.
Please contact a member of the LAWD or Colliers team to organise an inspection or to receive an Information Memorandum (IM).
LAWD
Darcy Tobin - 0433 644 166
Henry Sayers - 0412 318 813
Colliers
Daniel Telling - 0427 746 472
Richard Wilkinson - 0431 156 990
*Approx
Property History for 89 Camms Rd, The Patch, VIC 3792
- 17 May 2024Listed for Sale Contact Agent
- 14 Dec 2000Sold for $2,800,000
- 07 Dec 1981Sold for $920,000
Commute Calculator
Recent sales nearby
See more recent sales nearby
/assets/perm/pmqu3byjcqi65f3gggtfv5jrbu?signature=e1f6f13e9a254047442bd546a96de9415035fb4962879666683d25de6af86824){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
0About The Patch 3792
The size of The Patch is approximately 3.7 square kilometres. It has 4 parks covering nearly 1.8% of total area. The population of The Patch in 2011 was 1,039 people. By 2016 the population was 1,069 showing a population growth of 2.9% in the area during that time. The predominant age group in The Patch is 40-49 years. Households in The Patch are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in The Patch work in a professional occupation. In 2011, 87.2% of the homes in The Patch were owner-occupied compared with 89.3% in 2016.
The Patch has 424 properties. Over the last 5 years, Houses in The Patch have seen a 30.59% increase in median value. As at 30 November 2024:
- The median value for Houses in The Patch is $1,068,517 while the median value for Units is $788,458.
- Houses have a median rent of $420.
Suburb Insights for The Patch 3792
Market Insights
The Patch Trends for Houses
N/A
N/A
View TrendN/A
N/A
The Patch Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
