THE POTENTIAL IS OBVIOUS!! LAND BANK ALONG THE DAREBIN CREEK
The potential is obvious!
Take one look at 2 Sheppard Street’s surrounds… you’ll see held back, water fronted industrial land on one side of the Darebin River, while opposite there’s leafy green tree lined streets, brimming with low and medium density residential homes…
It’s not a question of if, but rather when, Sheppard Street will be zoned to allow prime, residential uses.
Whether Sheppard Street zones today or tomorrow… it really makes no difference. Industrial land has been the ‘Gold Standard’ in property from day one and more specifically, in the last few years. It has nowhere to go but up… you’ll benefit from significant capital land application year on year, until this skyrockets with a rezone and/or development potential.
All you have to do it sit back and let the property do the hard work for you..2 Sheppard Street is a near island, three street frontages, brilliantly located warehouse/sales showroom adjoining to the Darebin River and Northland Shopping Centre. Warehouses are becoming rarer and rarer by the day, if anything, they are more desirable than any other types of investment due to their high demand and low supply. Whether you chose to owner occupy, invest, land bank or even tenant is up to you – there’s simply no wrong answer here!
For Sale by Negotiation or For Lease.
Site Area 2,653m2* – Building 1,753m2*
For further information or to arrange an inspection, please contact our exclusive sales and leasing team.