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<\/p>\nColliers have listed another significant Geelong gateway site perfectly positioned on the bay side of the Princess Highway capturing significant passing trade.<\/p>\n
Located at 232-244 Princes Highway Corio, the 1.67-hectare block of land has the potential to be turned into a showroom\/industrial warehouse development.<\/p>\n
This is a significant industrial zoned site in one of Australia’s fastest growing cities is being brought to market, on behalf of multinational integrated energy company BP.<\/p>\n
The commanding corner site is one of the best development offerings in Geelong, with a prominent footprint and versatile Industrial 1 zoning.<\/p>\n
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The site’s location directly adjacent to The Gateway entertainment venue and close to major retail brands makes it an attractive destination, with the potential for a showroom\/industrial warehouse development subject to council approval.<\/p>\n
The Colliers team of Jordan McConnell and Jonathon Lumsden have the exclusive listing, with interest expected above $8 million.<\/p>\n
“Commercial and industrial developments remain firmly on the radar for a range of purchaser profiles.<\/p>\n
“With Geelong being Australia’s second fastest growing city, we expect the opportunity to be highly sought after from both developers and investors,” Mr McConnell said.<\/p>\n
“This is a rare commanding corner site, with 126m primary frontage to Princes Highway. Rarely does a site of this size become available, as we continue to see solid interest from national occupiers looking to position themselves within the Geelong Northern Corridor.”<\/p>\n
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Several infrastructure and development projects in the Geelong region have boosted the demand for industrial offerings, including the Geelong Port and Spirit of Tasmania, the Outer Metropolitan Ring\/E6 Transport Corridor and the Geelong Fast Rail.<\/p>\n
Located within the northern corridor and with exposure to 40,000 passing vehicles daily, the site has easy access to arterial roads, adding to the appeal.<\/p>\n
A skilled and adaptable workforce of about 120,000 jobs in Geelong is supported by an emerging and diverse economy, a world class health service and an expanding creative and cultural scene.<\/p>\n
232-244 Princes Highway, Corio is for sale via an expressions of interest campaign closing on September 12 at 3pm.<\/p>\n","protected":false},"excerpt":{"rendered":"
Colliers have listed another significant Geelong gateway site perfectly positioned on the bay side of the Princess Highway capturing significant passing trade. Located at 232-244 Princes Highway Corio, the 1.67-hectare block of land has the potential to be turned into a showroom\/industrial warehouse development. This is a significant industrial zoned site in one of Australia’s […]<\/p>\n