Colliers, JLL and Gagliardi Scott Real Estate are excited to present For Sale 1-65 & 85 Bosse Road, Tongala (the Property) by Expression of Interest.
Offered with vacant possession this iconic former Nestle milk processing facility comprises 23,009* square meters of building area situated on 26.94* hectares of zoned Industrial 1 (IN1Z) land. It includes a significant administration office area offering ample natural light & front of house reception, FMR warehouses, Liquids producing and packing warehouses, CEP warehouses, and UHT warehouse complex.
In addition to the primary processing hub, the opportunity includes a significant Farming Zone (FZ2) allotment comprising 51.3* hectares offering a diverse range of potential uses^. The Property is benefitted by 454.7* megalitres of class 1A Greater Goulburn Trading Zone water entitlements, comprising 303.3* megalitres of High Reliability and 151.4* megalitres of Low Reliability entitlements.
Opportunity highlights:
Total building area of 23,009sqm*
Total land area of 78.24ha*
Offered as vacant possession
Strategically located within the Victoria's 'food bowl', the Goulburn Valley
Includes power substation
Opportunity for a range of different uses^
Zoned Industrial 1 (1-65 Bosse Road) & Zoned Farming (85 Bosse Road)
2.5 Hours to the Port of Melbourne
Proximity to the Inland Rail Project
For Sale by Expression of Interest closing Friday 9 th June 2023 at 4pm (AEST)
For further information including COS/s32, please contact the exclusive selling agents.
*Approximately
^STCA
The size of Tongala is approximately 112.1 square kilometres. The population of Tongala in 2011 was 1,869 people. By 2016 the population was 1,935 showing a population growth of 3.5% in the area during that time. The predominant age group in Tongala is 0-9 years. Households in Tongala are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tongala work in a labourer occupation. In 2011, 74.6% of the homes in Tongala were owner-occupied compared with 73.7% in 2016.
Tongala has 1,022 properties. Over the last 5 years, Houses in Tongala have seen a 80.21% increase in median value, while Units have seen a 78.80% increase. As at 31 October 2024:
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