Securely leased to national tenant with significant future development potential

SOLD

88 Cottrell Street

Werribee VIC 3030

Development

FOR SALE

250m2

Savills is pleased to offer for sale 88 Cottrell Street, Werribee For Immediate Private Sale.

88 Cottrell Street is a well located investment opportunity with significant development upside, currently leased to a national tenant and located in one of Australia’s fastest growing municipalities, surrounded by an abundance of lifestyle and retail amenity.

The key attributes of this outstanding property include:

- Large land area of 1,012sq m*, ideal for development
- Flexible Activity Centre Zone with a maximum development height of 8 levels* (STCA)
- Fully leased to a national tenant returning $60,000 per annum plus GST
- Positioned in one of Australia’s fastest growing municipalities
- A desirable location surrounded by extensive lifestyle and retail amenity, parklands and public transport
- Ideal opportunity for investors or developers!

The opportunity to acquire a well positioned investment asset, leased to a national tenant, on a well located site offering fantastic scope for future development is rare. Accordingly, we strongly recommend prospective purchasers to actively consider this excellent opportunity.

88 Cottrell Street, Werribee is For Immediate Private Sale.

For further information please contact:

Tim McIntosh 0433 592 320
Julian Heatherich 0412 995 655