52 Lathams Road, Carrum Downs

Sold

Thursday, 6th April 2023

Rare Investment Opportunity

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 30TH MARCH @ 2PM.

Nichols Crowder is delighted to bring to market this truly unique property for sale. Suitable for an owner-occupier or an investor seeking value-add or re-development potential.

Located on Lathams Road, the property boasts an impressive 26m* of street frontage on a generous 1,383sqm* Industrial 1 zoned site.

Once the Lathams Road duplication is completed (expected mid 2023), the property is expected to see significant improvement.

This property offers great flexibility for both owner-occupiers and investors, with only 30% site coverage, ample hard stand space, and the ability to occupy or lease this highly desirable and versatile site.

The multi-functional property includes a former residential dwelling that has been converted into an office. The amenities include a bathroom with shower, tiles/laminate flooring, and partitioning.

At the rear of the property, there is a large shed with drive-through access, an office/reception area, open fireplace, and coonara heating with all expected amenities. Additionally, there is a rear area with awnings which provides extra storage.

Key features include:

* Total land area: 1,383sqm*
* Warehouse area: 300sqm*
* Office/dwelling area: 117sqm*
* 26.8m* street frontage to Lathams Road
* 20,000L water tank
* Mains gas
* Drive through access design
* Large hardstand component
* Upside from Lathams Road duplication
* Industrial 1 zoning

For further information or to arrange an inspection, please contact:

James Dodge
Thomas Gordon

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

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Put your property with the Leaders of the South East

We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

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