28 Grandlee DriveWendouree VIC 3355
Property Details for 28 Grandlee Dr, Wendouree
Last Listing description (November 2023)
Colliers Ballarat are pleased to present for sale 28 Grandlee Drive, Wendouree.
This exceptional industrial site combines an impressive income stream with tremendous development potential with ample land ready to be unlocked, making it an ideal choice for developers. With its prime location and size, this property presents an incredible opportunity for redevelopment or expansion. Capitalize on the increasing demand for industrial real estate in this tightly held pocket of Wendouree.
Strategically located in Wendouree, offering an array of advantages and opportunities for both the current tenants and future development potential of this site. Situated in this dynamic location are numerous well established national businesses such as, Mazda, Jayco, Kia, Maxi Trans and many more. This industrial site presents a strategic advantage that sets it apart from the rest.
- Total land area of 6,218sqm* and total building area of 950sqm*
- Passing net income of approximately $101,272 per annum*
- Future development potential
- Income across 4 separate tenancies
- Ample surrounding hardstand
- Frontage of 60 metres*
- Located in the heart of the Wendouree Industrial Precinct
- Zoned Industrial 1
For sale: $2,500,000 + GST
For further information, please contact Colliers agents Lauchlan Waddell 0407 520 725 or Travis Hurst on 0423 388 932.
*Approximately.
Property History for 28 Grandlee Dr, Wendouree, VIC 3355
- 17 Nov 2023Sold for $2,500,000
- 19 Sep 2023Listed for Sale SOLD - Price Withheld
- 28 Jan 2023Transferred
Commute Calculator
Recent sales nearby
See more recent sales nearbySimilar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Wendouree 3355
The size of Wendouree is approximately 9.6 square kilometres. It has 23 parks covering nearly 12.5% of total area. The population of Wendouree in 2011 was 10,597 people. By 2016 the population was 10,452 showing a population decline of 1.4% in the area during that time. The predominant age group in Wendouree is 20-29 years. Households in Wendouree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wendouree work in a labourer occupation. In 2011, 59.2% of the homes in Wendouree were owner-occupied compared with 56.6% in 2016.
Wendouree has 6,581 properties. Over the last 5 years, Houses in Wendouree have seen a 31.78% increase in median value, while Units have seen a 42.36% increase. As at 31 July 2024:
- The median value for Houses in Wendouree is $415,829 while the median value for Units is $353,562.
- Houses have a median rent of $380 while Units have a median rent of $320.
Suburb Insights for Wendouree 3355
Market Insights
Wendouree Trends for Houses
N/A
N/A
View TrendN/A
N/A
Wendouree 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
