680 Blackburn Rd, Notting Hill

680 Blackburn Rd, Notting Hill, VIC, 3168, AU

描述

JLL as advisor are pleased to present 680 Blackburn Rd, Notting Hill, VIC, Australia.

This offering presents a unique opportunity to acquire a strategically located industrial and logistics asset in one of Melbourne's key commercial precincts. With a building area of 1,000 sqft, nestled within a substantial gross land area of 8,092.77 sqft, this site stands ready for value-enhancing repositioning or redevelopment.

Constructed in 2000, 680 Blackburn Rd boasts robust infrastructure ideal for logistical operations. Currently operating at 50% occupancy, the facility offers potential for increased cash flow through lease-up and active asset management strategies. The expansive land provides ample flexibility for future development or expansion of built footprint.

Located in the Notting Hill corridor of the Greater Melbourne area, this property benefits from proximity to significant transport links and commercial developments, enhancing its strategic value. The surrounding area continues to see demographic growth and infrastructure improvements, underpinning the region's economic dynamism.

The investment thesis for 680 Blackburn Rd focuses on growth potential and value creation. Leveraging the site's strategic positioning and current market dynamics, investors can capitalize on the surrounding area's upward trajectory and drive substantial long-term returns.

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特性

建築物面積 (淨面積)

10,764 平方呎

使用／出租率

50%

落成年份

2000

土地面積

87,110 平方呎

媒體

投資亮點

Strategic Location in Notting Hill, VIC; prime for logistics with proximity to Melbourne CBD.
Large Land Area of 8,092.77 sqft provides ample space for expansion or redevelopment.
1000 sqft building area ensures efficient operational space for tenants.
Built in 2000, modern infrastructure ready for immediate use or upgrades.
50% occupancy offers a value-add opportunity to increase rental income.
Potential for above-market rents with strategic enhancements.