Under instructions from the owners of the following properties, they are being offered for private sale.
19 Edgar Street 689m2
21 Edgar Street 689m2
845 Madeira Packet Road 9,218m2
855 Madeira Packet Road 16,579m2
Total land area is approximately 2.72 ha, of primarily undeveloped land. A unmade road divides the properties. Positioned within the Madeira Packet Rd/George St industrial precinct of South Portland, they are less than a 10 min drive into the Portland town centre. The properties are Zoned Industrial 1 under the Glenelg Shire Planning Scheme. With its current zoning, the properties are well suited to the construction of a multi-warehouse site. With its dual street frontage, the site will attract strong interest from commercial property developers looking to develop the overall site.
With the subject land abutting a residential zone, there presents an opportunity for the savvy residential developer to negotiate rezoning of the site. Opportunities abound wi