INDUSTRIAL LAND BANK OPPORTUNITY

Lot 1 · ECHUCA, VIC 3564
LAND/DEVELOPMENT PROPERTY AUCTION - LUKE RYAN REAL ESTATE
No. 588 · Fri, 30 April 2021, 11:00 AM (SYD)
WA 9:00 AM · NT 10:30 AM · QLD 11:00 AM · SA 10:30 AM

Overview

Listing ID
Title
Summary
Farm Type
Land Size
Location

Details

Farm Type Land
Land Size 7.863 ha, 19.43 acres, or 78,630 m2 on 1 title
Services Services not connected. No buildings included with the sale (They are property of the tenant). Vacant land only.

Property Description

Property Description Exceptional growth in the Echuca and surrounding Northern Victorian regional markets.
Holding income with current tenant in place.
Long term tenant occupying approx. half of this property with lease until 1st July 2025.
Approximately half of the land can become available as owner occupied with periodic lease in place over this parcel of land.
Subdivision Potential STCA.
Industrial 1 Zoning.
Approx 203 meters of road frontage.
Services not connected. No buildings included with the sale (They are property of the tenant). Vacant land only.
Fantastic investment opportunity for a superannuation fund or syndicate purchase.
Rare opportunity to purchase such a large parcel of land in a single transaction. Perfect for a business requiring a large allotment of industrial land within town boundaries. Most properties of this size are only offered after subdivision, this is your chance to secure this site as one title that provides plenty of options to the purchaser for development.
Offers prior to Auction will be considered.

Property to be auctioned on the AuctionsPlus internet platform on April 30th 2021 at 11:00 am IF NOT SOLD PRIOR. Bidders will need to register online via AuctionsPlus at least 24 hours prior to commencement of auction. Terms are 10% deposit with 60 days settlement. Call Luke Ryan on 0438 841 127 to receive more information. Luke will help with registration on the AuctionsPlus internet platform.
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Luke Ryan
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