Kilsyth

INDUSTRIAL LAND WITH INCOME + DEVELOPMENT UPSIDE (STCA)

Appleby Commercial is pleased to offer for sale 1/72 Fussell Road, Kilsyth — a substantial Industrial 1 zoned landholding with strong holding income and significant future development potential (STCA).

Situated on a generous 6,545m² site*, the property is improved with four (4) warehouses totalling 1,196m² under roof*, complemented by expansive hardstand yard areas providing outstanding flexibility for investors, owner-occupiers, and developers.

Key Features:

• Land Area: 6,545m²*
• Improvements: 4 warehouses (1,196m²* total footprint)
• Large hardstand / yard areas
• Zoning: Industrial 1 Zone (IN1Z)
• Future development potential (STCA)
• Strong existing rental income

Current Income:

• Warehouses: $92,000 p.a. + GST + outgoings
• Communication Tower: $18,507 p.a. + GST
• Total Income: $110,507 p.a. + GST

Ideally positioned within the tightly held Kilsyth Industrial Precinct, the property offers excellent access to Canterbury Road, Dorset Road, Mount Dandenong Road, and Eastlink, providing efficient connectivity throughout Melbourne’s eastern corridor.

For further information or to arrange an inspection, please contact the exclusive selling agents, Appleby Commercial on (03) 8727 9555.

*Approximate