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For Sale | Offices Sold

A Blank Canvas Value-Add and Development Opportunity

12 Lakeside Drive
Burwood East, VIC 3151
Australia
Inquire About This Property
Building Size:
4,504 SQM
Sale Price:
Negotiable
Lot Size:
17,110 SQM
Energy Rating:
3.0

Cushman & Wakefield Melbco and Dawkins Occhiuto are pleased to present an exceptional value-add and development opportunity within the Booming Burwood East Precinct, which is currently undergoing a once-in-a-generation transformation.

12 Lakeside Drive offers the opportunity to acquire a contemporary office at a significantly lower cost than replacement value, with the additional benefit of 7,500sqm* of surplus land ready for development. This is a rare chance for sophisticated value-add investors, owner occupiers and developers to make their mark in the rapidly transforming Burwood East Precinct.


Key details of the opportunity include:


- A three-level office building with 4,504 sqm* of Net Lettable Area

- Offered with vacant possession, providing the option for immediate owner occupation or refurbishment 

- Ample car parking with 350 bays

- High profile 1.711 ha* landholding which includes 7,500 sqm* of surplus land

- Flexible Commercial 1 Zone (C1Z) provides the opportunity for an array of development outcomes (STCA)

- The largest landholding within the prestigious Tally Ho Business Park

- Surrounded by high profile corporate and Government tenants

- Poised to directly benefit from the transformational $1B APH City Park proposed development just 400 metres* from the property

- NABERS Rating: 3-Stars

For Private Sale

To obtain further information or to arrange an inspection, please contact the selling agents.

 

Cushman & Wakefield

Leon Ma | +61 417 070 725

Daniel Wolman | +61 412 957 839

Oliver Hay | +61 419 528 540

 

Dawkins Occhiuto

Andrew Dawkins | +61 419 317 006

Walter Occhiuto | +61 410 438 417

 

*Approximately 

- Eastern Melbourne
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