Invest/Occupy/Redevelop - Commercial Freehold in Warrnambool CBD

Description

CBRE, in conjunction with Ludeman Real Estate, are pleased to offer 98-100 Koroit Street, Warrnambool VIC 3280, for sale by Expressions of Interest.

The property has the following key highlights:

+ Modern and well-presented 380sqm* office/warehouse/showroom with 4 car spaces offered with vacant possession.
+ Recently completed works presenting a genuine blank canvas, allowing for immediate owner occupation or repositioning.
+ Outstanding 494sqm* landholding in Warrnambool CBD with 23 metres of frontage to Koroit Street, a major commuter road connecting South Warrnambool to its city centre.
+ Favourable Commercial 1 Zone landholding offering strong underlying land value and outstanding prospects for future development (STCA).
+ Less than 300 metres from Target-anchored Warrnambool Shopping Centre, with 6,983sqm of GLA and 11 specialty retailers.
+ Located within 900 metres from various high-profile tenants including Woolworths, ALDI, Coles, Subway, McDonald’s, Westpac and CBA.
+ Conveniently located in the CBD and surrounded by ample all-day and hourly public parking, complementing the on-site car spaces.
+ Warrnambool City: home to 36,150 residents, the LGA supports 18,518 jobs and generates an annual economic output of $6.013 billion.
+ Potential 50% stamp duty savings.

For Sale by Expressions of Interest
Closing Tuesday 19 May at 4:00pm (AEST)

Enquire

Contact agents
Rick Jacobson Senior Negotiator
0413 830 083
Sam Mercuri Senior Negotiator
+61 413 830 709
Raoul Holderhead Senior Director
+61 413 860 304
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Warrnambool, VIC

98-100 Koroit Street

For Sale by Expression of Interest

This property is part of Portfolio 184

Price: Contact Agent

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