Rare Opportunity – Prime Frontage Lots On Main Thoroughfare
Harris + Wood is pleased to present lots 1 & 2 at 1157 Raglan Parade, Warrnambool.
These large allotments represent a rare opportunity to secure some of the last vacant commercial / industrial sites on the main thoroughfare in Warrnambool, the fastest growing regional city in Victoria.
Sizes 3890m2 and 3995m2 respectively, totalling 7885m2.
Zoned Industrial 3, lots 1 & 2 boast commanding exposure and frontage to the main arterial road that is Raglan Parade, also reaping the benefits of a newly constructed service road.
Lot 1 also has a current lease to a digital billboard company which pays $20,300 + GST per annum until December 2027, with one further 5-year option.
The two large allotments are strategically located close to the West Warrnambool Industrial Estate, including Warrnambool’s two largest employers (Southwest Healthcare and Midfield Meats).
This is surely an opportunity not to be missed and should appeal to investors, occupiers, and developers alike.
Warrnambool Business Park sits behind these front allotments, which is accessed via a newly constructed section of Clavens Road, ranging in size from 2,631m2 to 5,293m2. All titles offering freehold title.
• Currently under construction, with completion and titles expected late 2023.
Warrnambool VIC 3280