OFF MARKET

512-520 Geelong Road
Tottenham VIC 3012

Bedrooms: -
Bathrooms: -
Car spaces: 147
Land area: 47000m2
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Property Details for 512-520 Geelong Rd, Tottenham

Building Type
Commercial
Land Size
47000m2
Local Government
Maribyrnong
Lot/Plan
2/LP110570

Last Listing description (August 2023)

Investors and developers take note. Rarely offered inner western Melbourne asset underpinned by secure income via lease to Opal.

Incredibly desirable location, circa 10kms to the CBD and less than 9km to the Port of Melbourne. Frontage to Geelong Road, providing easy access to the Metropolitan Ring Road (M8), Westgate Freeway/Princes Freeway (M1) and Western Freeway. Exciting fundamentals for future redevelopment to fuel the last mile logistics sector.


- Significant land area 4.7ha*
- Flexible warehousing improvements 30,815sqm*
- Underpinned by secure lease Opal Packaging Australia (Nippon Paper Group)
- Passing net income $2,927,425p.a ($95/sqm)
- Sought after inner western location ideal for last mile logistics
- Zoned Industrial 1 (City of Maribyrnong)
- Rarely offered site of significant scale
- Exciting redevelopment upside (subject to consents)

To request a copy of the Information Memorandum and access to the data room please contact the transaction managers at TMX.

Agency Contacts

Justin Fried George Linn
0412 070 858 0401 949 324

*approx.

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Property History for 512-520 Geelong Rd, Tottenham, VIC 3012

A timeline of how this property has performed in the market
Last Sold
$18,380,000
14 Apr 2020
  • 14 Aug 2023
    Listed for Sale Contact Agent
  • 14 Apr 2020
    Sold for $18,380,000
  • 14 Jul 1999
    Sold for $33,820,216

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About Tottenham 3012

The size of Tottenham is approximately 2.1 square kilometres. The population of Tottenham in 2006 was 11 people. By 2011 the population was 6 showing a population decline of 45.5% in the area during that time. The predominant age group in Tottenham is 10-19 years. In general, people in Tottenham work in a labourer occupation..

Tottenham has 264 properties. Over the last 5 years, Houses in Tottenham have seen a 3.59% increase in median value. As at 30 September 2024:

  • The median value for Houses in Tottenham is $1,081,964 while the median value for Units is $628,392.
There are currently 2 properties listed for sale, and no properties listed for rent in Tottenham on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Tottenham.

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