Westernport Service Centre, 910 Thompsons Road, Cranbourne West, VIC 3977

Retail | Industrial | Development/Land

Sold

  • Property ID: 444146
  • Floor Area: 672m²
  • Land Area: 19862m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 12/06/2024 672m2 19862m2 Contact Agent
Land Rich Service Centre Investment in Melbourne’s South East

Stonebridge Property Group is pleased to present for sale the Westernport Service Centre, a land rich service centre investment situated in the heart of Melbourne’s southeast growth corridor. The Centre occupies a major 19,862 sqm* landholding and is anchored by net leases to BP and Carl’s Jr.

The key highlights of the opportunity include:

- Significant 19,862 sqm* landholding with strong underlying land value and opportunities for future redevelopment (STPA)

- Ultra-secure asset, fully leased to 3 national/chain tenants, BP, Carl’s Jr. and Souvlaki GR, all on net leases

- Highly exposed corner site, benefitting from 275 m* of total frontage and passed by over 18 million cars per year^

- The most strategic and convenient service centre in the region with separate high revenue truck refuelling facilities

- Nearby State Significant Industrial Land and at the heart of a major growth corridor, supporting strong and continued land value growth

- Long WALE of 8.1 years (by income)

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Justin Dowers
0438 098 805

Kevin Tong ???
0422 848 818

Rorey James
0439 400 081

*Approximately
^Vic Roads

Property Code: 947

Cranbourne West Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $7105 --- ---
Offices $2844 --- ---
Industrial --- $104 ---
This is the average advertised price, rent and yield for Cranbourne West, VIC 3977*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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