AND Property is pleased to announce the successful sale of 20-42 Simcock Avenue, a 1.57 hectare Industrial 1 zoned site located beside the West Gate Freeway in Spotswood.

This substantial industrial holding sits within one of Melbourne’s most tightly held and well connected logistics precincts. Leased to Toll Group, the site is in a stragetic position for their business. The site also offers strong future development potential, which was a major factor to the private investor who purchased the site.

Special mention to Stephen Grant from The Grant Group who represented the purchaser and played a big role in facilitating a complex transaction.

Key features included:
• Industrial 1 zoning with future redevelopment upside
• Single level office, functional warehouse, canteen and truck workshop
• Extensive hardstand and car parking areas
• Excellent connectivity with direct access to the West Gate Freeway

For more information on this transaction or property owners seeking strategic advice or considering next steps for their industrial holdings, please contact Bryce using the details below.

Bryce Pane - 0477 014 753 - bp@andproperty.com.au