• Over two and a half hectares of Industrial zoned land in Burnside industrial precinct
• Reasonably flat contour and able to be redeveloped as a desirable site
• Contamination issues offer scope for canny buyer
• Mortgagee requires property to be sold
This property has issues and these translate into opportunities. Historically the site was part of the PPCS freezing works land holding and a recent subdivision created this lot. Five and a half years ago a fire destroyed some structures on the property leaving an asbestos contamination issue. There will be a requirement for the purchaser to remediate the site to the local authorities' satisfaction to allow further development. Contamination and geotech reports are available for qualified buyers.
All parties who have the ability and resources to remediate are urged to inquire.
Industrial land is in short supply and in high demand. Burnside is fast redeveloping into an attractive industrial address which is a convenient location well serviced by motorway.
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