This article is from the Australian Property Journal archive
Shell Australia is offering a strategic development site in Melbourne’s Mornington Peninsula.
Located at 1002-1004 Nepean Highway in Mornington, Victoria, the property is to be offered for sale by public auction on Thursday April 06, 2006 through Sutherland Farrelly.
The property is being offered as part of The Shell Company’s Site Rationalisation Program.
Comprising one of the last development sites with Nepean Highway frontage and zoned ‘Business 4’ under the provisions of the Mornington Planning Scheme, the 5,285 sqm site boasts outstanding exposure to high volumes of traffic flow, utilising Nepean Highway.
Selling agent Michael Major said the the site provides an outstanding opportunity for a bulky goods/showroom development capitalising on the fantastic exposure and proximity to quality adjoining occupants including Jeff Wignall Ford, Collins Holden, Burson Auto Parts, Kia and KFC to name a few.
Offered with vacant possession, the property is expected to fetch around $2.5m at auction.
By Kathryn O’Meara
