Stage 1 - SOLD
Stage 2 - Now Selling
Nichols Crowder and Colliers International are proud to be offering for sale 107 Wells Road, Chelsea Heights.
This development comprises of 52 warehouses ranging in size from 153sq.m* , 351sq.m*.
With anticipated high rental returns and a major shortage of commercial/industrial land or other similar developments in the area, 107 Wells Road is sure to be popular with owner occupiers and investors alike.
The location is excellent with combined street frontages of 314metres to Wells Road and the Mornington-Peninsula Freeway.
The recent announcement and government funding of the Mordialloc Bypass due for completion in 2021 will be of huge benefit to site. The 9km bypass will create a continuous freeway from Frankston to Clayton with on/off ramps only minutes from the site.
For further details of the proposed freeway please click on the following VicRoads web link: https://youtu.be/B57tGsPJ3Ac
The properties come with high end commercial finishes including staff amenities, full kitchenettes, LED lighting and much more (as outlined in the schedule of finishes).
If you require office space the hard work is already done with each showroom or warehouse having current town planning approval in place. Planning approvals allow for first floor office fit outs ranging 42sq.m* -56sq.m*. Office fit outs can be completed by purchasers chosen contractor once settled or as negotiated with the builders.
Other key features of the development include:
* High cubic capacity with clear span warehouses up to 8m and showrooms up to 9m high
* Each property has generous on-site parking on title plus additional customer parking throughout
* Well laid out driveway designed to avoid any congestion
* Popular sizes and modern architectural features will ensure the developments' popularity with tenants and owners
* Construction has commenced
* Completion estimated Dec 2019
For any questions or to receive a copy of the Information Memorandum, plans, prices and schedule of finishes, please contact agents in conjunction, Nichols Crowder or Colliers International.
Terms of sale: 10% deposit on signing with the balance due upon completion.