5-7 Cromwell Parade, West Footscray, VIC, 3012

Asking Price: $2,000,000

Stonebridge Property Group is pleased to present for sale, 5-7 Cromwell Parade, West Footscray.

5-7 Cromwell Parade, West Footscray, is a substantial industrial building and landholding within close proximity to the Geelong Road/ Princess Hwy.

The property boasts a total building area of 1,800 sqm* which a large majority is highly flexible warehouse / manufacturing space plus a first-floor office.

Key highlights of the opportunity include:

- Existing improvements comprise a multi-functional 1,800 sqm* warehouse/office complete with 4 x high-clearance roller doors and 2 x separate pedestrian access points

- Substantial 1,393 sqm* landholding zoned Industrial 1 (IN1Z), allowing for uses including but not limited to office, industrial, retail and other commercial uses (STCA)

- Expansive street presence with a frontage of 30.5 m* to Cromwell Parade with multiple truck crossovers for ease of loading

- Large loading bay capable of accommodating 2 trucks, along with impressive food processing improvements, including cool rooms, climate-controlled grow rooms, 8 x stainless water tanks, open-plan food processing floor, and 3-phase electricity

- Offered with a short-term lease, providing flexibility for owner-occupiers, investors and value-add developers

- Noting the food processing improvements the building is perfect for food manufacturing, processing, warehouse, office/showroom, packaging and/or many other uses (STCA)

- Located in the tightly held West Footscray industrial precinct, with no other industrial opportunities on the market as of October 2024

- Situated in the highly active western end of West Footscray, with immediate access to Tottenham Station (1.5 km*), Hungry Jack's Burgers (1 km*), Le Mans Toyota (450 m*), $1.5B New Footscray Hospital (3.7 km*), and Central West Shopping Centre (2.2 km*) including ALDI, Coles, BWS and Coffee House

- Strategically connected to the Melbourne CBD (7.5 km*) and surrounding suburbs via Geelong Road/ Princess Hwy (100 m*), plus immediate access to major transport arterials Somerville Road (150 m*) and West Gate Fwy (2.2 km*)

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

Max Warren

0488 296 892

Dylan Kilner

0459 396 341

Chao Zhang 张超

0411 625 068

*Approximately

Property Code: 1126

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