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Major Facility To Generate Hot Contest Between Owners And Investors

41-Jersey-Rd-Bayswater_620x380

A substantial, versatile facility in one of Melbourne’s most tightly held industrial precincts is expected to generate a hot contest between owner-occupiers and investors when it hits the market.

Colliers International’s Justin Fried, David Kalb and Sasan Misaghian have been appointed to sell a significant industrial property at 41 Jersey Road in Bayswater, approximately 28km from the Melbourne CBD.

“Bayswater is arguably one of the most tightly held industrial suburbs in Melbourne and it is rare that opportunities of this scale and quality present themselves,” Mr Fried said.

“This is a highly desirable eastern property offering quality and scale in a high profile corner location.”

The 7,314sqm (approx.) facility occupies a commanding 17,400sqm (approx.) site with two street frontages in the heart of the established Bayswater industrial precinct, bounded by Mountain Highway, Dorset Road, Scoresby Road and Boronia Road.

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Article originally posted at: https://theurbandeveloper.com/articles/major-warehousing-manufacturing-facility-generate-hot-contest