A Blank Canvas Value-Add and Development Opportunity
12 Lakeside Drive, Burwood East, VIC 3151 Australia
OVERVIEW
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 MelbourneDetails
- Building Size:
- 4,504 SQM
- Sale Price:
- Negotiable
- Lot Size:
- 17,110 SQM
- Energy Rating:
- 3.0
AVAILABILITIES