This strategically positioned property has come onto the market as FREEHOLD ONLY due to the existing business relocating. This property represents a rare opportunity for a significant land use change (STCA) to capitalise on the recently announced Eureka Stadium upgrade adjacent to the property. A $15 million injection into development of this precinct to provide for a world-class stadium is sure to create significant commercial opportunities along Creswick Road. The land area of approximately 1,562m2 has an extensive 60.90m frontage. Existing industrial improvements could accommodate short term income whilst planning for future use permits. The property is in close proximity to the Western Freeway whilst Howitt Street to the south is a major city arterial road with many high profile traders. Whether you are considering redevelopment, investing or setting up as an owner operator, this property has scope to appeal to a variety of high end uses.