BUILDING AREA
696 sqm*
LAND AREA
1,327 sqm*
ZONING Industrial 3 Zone
OCCUPANCY Vacant
METHOD OF SALE/LEASE Expressions of Interest Closing Tuesday 25th June 2024 at 2:00pm.
“The highly versatile double-title makes this floorplan appealing to a range of industries, and with the Darebin Creek as a backyard — it would even coax buyers and tenants to cross the Yarra.”
Craig McKellar Director - Northern Region.
With a generous title abutting the Darebin Creek Trail, this jack-of-all-trades asset is already turning heads from every commercial camp. From the professional warehousing setup to the stretch of land looking out to green prospects, this race will only be won by those quick to act.
• 696 sqm* in total building area.
• 1,327 sqm* in land area.
• Hardstand / Yard area
• 5-6 allocated car spaces.
• 1.5 km* to Ivanhoe railway station.
• 3 km* to Bell Street.
• 7 km* to the Eastern Freeway.
The standard for Thornbury industrial builds in the 1960s was clear: Built to last, stretched out instead of upwards, and suit the majority of commercial pursuits. 20 Ford Crescent fits that bill, but spills out of the regular block size with 1,327 sqm* of land and a total building area of 696 sqm*. That floorplan is then categorised into 300 sqm* of lofty warehousing with multiple roller doors, three-phase power, and handy side lane access.
There’s also 396 sqm* of well appointed office space, a sizeable portion for these
kinds of industrial assets, with heating and cooling, staff amenities, and fantastic natural light. Thanks to the lot size, car parking isn’t an issue — there are 5-6 spaces allocated here with plenty of street parking available too.
Fronting Ford Crescent, but backing onto the Darebin Creek Trail, this strategic allrounder makes for a lucrative future development opportunity to capitalise on the beautiful northern creek views and access.
“Built in the 1960s, but this Thornbury package is in its prime for its next move — whether that’s leasing or purchasing to occupy or invest for future development.”
Ian Angelico Managing Director - Agency.
“Thornbury makes good on its word to prioritise local business over chains. It’s why the breweries, bean roasteries, and manufacturers thrive here; to apply small batch quality to increasing demand.”
Luca Angelico Property Executive - Northern Region.
Industrial at first glance, but this block within Thornbury’s commercial precinct has some unexpectedly graceful occupiers. Melbourne Studio of Ballet, Niche Dance Studios, and Tap Dance Thornbury call Ford Crescent home, but so do Gascon Systems, Biviano Direct, Grand Wash Auto car wash and Marathon Machine Embroidery.
The site is a fantastic example of Northern accessibility. Bell Street is 3 km* away, the Eastern Freeway is 7 km*, and Heidelberg Road is a handy 1.9 km*. Public transport is simple with Ivanhoe railway station sitting only 1.5 km* from here, accessible by several Darebin Road bus routes and the future North-East link ramps are just 5.7 km* from here.
Speaking of Darebin Road, Bunnings Fairfield is just a few minutes west, whilst Ivanhoe’s high street is a little further east and hosts Coles, Liquorland, and a laundry list of local eateries and service providers.
Image: bigbuild.vic.gov.au
The upcoming North-East Link is a new 10-kilometer tolled highway connecting the Eastern Freeway to the M80 Ring Road. This project aims to reduce travel times by up to 35 minutes and divert trucks off local roads. It includes Melbourne’s first dedicated busway and an extension of the Eastern Freeway. With an expected completion date of late 2028, this initiative represents Victoria’s largest investment in its northeast region, costing $10 billion.
Ramps in and out of the North East Link tunnels connecting to Manningham Road and Bulleen Road are placed 5.7 km* from Ford Crescent.
Image: bigbuild.vic.gov.au
Image: bigbuild.vic.gov.au
Image: bigbuild.vic.gov.au
Heritage churches, lush parklands, and a local sporting gathering point make Northland a highly sought-after postcode for both families and business owners.
Darebin International Sports Centre, Narrandjeri Stadium, Melbourne Studio of Ballet, and scattered soccer reserves bring plenty of parents here on weekends and weeknights. They’re also dabbling in the impressive hospitality established here too, like brewery titan Moon Dog World,
Welcome to Thornbury food truck park, 1800 Lasagne, and Short Round cafe — all attracting the Melburnian Broadsheet reader, too.
We don’t say ‘high demand, low stock’ for fun. Looking at the commercial market, there are no industrial properties even remotely within the same league currently available on the market in Thornbury. The point: This has already garnered some rumoured interest from local subscribers waiting for a versatile asset to enter the pool.
OUTGOINGS
Council Rates - $5, 097.45 (2024)
Water Rates - $1, 400 (2024 estimate)
Land Tax - $3,930.00 (2024 estimate)
ZONING
Industrial 3 Zone
OVERLAYS
Certificate of Title – Volume 10133 Folio 114
Certificate of Title – Volume 10133 Folio 128
Lot 1 on Plan of Subdivision 310259D
Lot 1 on Plan of Subdivision 318246U
Development Contributions Plan Overlay - Schedule 1
Environmental Significance Overlay - Schedule 2
Land Subject To Inundation Overlay
MUNICIPALITY
City of Darebin
“Commercial property is integral to the productivity of our society. Turning over the existing property, and similarly the construction of new property ensures innovation, creation and the further evolution of all industries.”
Luca Angelico Property Executive - Northern Region.
With an interest in commerce and experience in construction management, Luca has both the creativity and practical problem-solving skills needed to cut it in this industry. Having joined CVA in 2017, it was 2020 that saw him become a Sales and Leasing Executive. A role in which Luca is able to showcase his enthusiastic side, fixated on even the smallest of details which make all the difference in helping both developers and investors alike. It’s all of this that will keep you interested in working with him, well beyond the point at which your transaction concludes.
0447 772 782
luca.angelico@cva.melbourne
CRAIG MCKELLER
Craig has been transacting commercial real estate in Melbourne’s north for more than a decade. And in that time, he’s marvelled at how the properties within this point of the city have adapted to the burgeoning urban landscape. It’s a transformation he has witnessed not just as a real estate agent but a property consultant, too. He’s equipped with the resources to think beyond today and forecast market trends, investor profitability and even Melbourne’s weather — yes, you should always pack a jumper.
0431 892 780
craig.mckellar@cva.melbourne
In more than 35 years, Ian has witnessed the successful signing of more than two thousand commercial real estate transactions – which is more of a legacy, than a track record. And it’s one that has been achieved by adopting a methodical approach amongst a myriad of changing variables. It’s one that has been sharpened through his holistic exposure to commercial projects across all points of Melbourne. By focusing on maximising each property’s profitability, Ian ensures that at the end of the day, it’s maximising value that determines his success.
0418 336 088
ian.angelico@cva.melbourne
HEAD OFFICE
18-20 RUSSELL ST, MELBOURNE
SOUTH EASTERN OFFICE 2 BRANDON PARK DR, WHEELERS HILL
EASTERN OFFICE
SUITE 2, 5 CORPORATE BLVD, BAYSWATER
WESTERN OFFICE
SUITE 102, 3 LITTLE BOUNDARY RD, LAVERTON NORTH
Disclaimer: This report has been compiled on the basis of information available. Though efforts have been made to verify or establish the accuracy of all material, it is not possible to warrant that it is accurate. Some predictions are estimates only and necessarily based on assumptions which may not occur. All parties should make their own independent enquires with regard to all the information contained in this report. The report is intended to be general information only and will not form part of any contract nor is it to be taken as any form of any representation, warranty or inducement. The agents and representatives do not accept any responsibility for and will not be liable in respect of any of the contents of this report.
*Approximately