42 Barry Road, NEW GISBORNE, 3438, Victoria

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Subject: 42 Barry Road, NEW GISBORNE, 3438, Victoria

Auction

ESR $740,000 - $790,000

MAKE YOUR MARK

Property ID: 20727240

Auction on Jul 25, 2019 @ 2:00 pm

Build your business or invest, and make the most of demand in the burgeoning Macedon Ranges. This 1500m2 block with factory workshop and retail space boasts prime position in Gisborne’s thriving industrial zone.

The showroom premises come with a counter, office and a mezzanine storage section adjacent to the staff room. The rear workshop is equipped for machinery with three phase power, concrete surfacing and a separate wash area.

These premises are currently utilised for retail services and equipment repair but the options are plentiful – particularly if you are in the trades, manufacturing or engineering sector and need a retail interface. The current lease runs month-to-month, which provides options to hatch your own plans for future use of the shell.

With car parks and a loading area on site, you are well set-up to welcome suppliers and local customers. The visible location on the edge of a residential area and close to the freeway makes it easy for people to find and access the operation based here.

The industrial area is home to a diverse range of active businesses that operate in this thriving regional setting. From this gateway to the Macedon Ranges and central Victoria you will benefit from close proximity to the airport and CBD to facilitate efficient freight logistics. This commercial property is a great chance to grow your business or investment portfolio. Make your mark.

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R&H Suburb Profile: New Gisborne

R&H Suburb SummaryHouses
Number of sales 15
Average Price $653,433
Median Price $672,500
Median Rental Price $540 p.w.
Change in Rental Rate (5yr) 26 %
R&H Suburb SummaryUnits
Number of sales 3
Average Price $531,333
New Gisborne, VIC - Median Trend
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