FOR LEASE Warrnambool - High Profile Highway Frontage Corner Site
This Landmark corner property at the entrance to Warrnambool CBD, formerly known as the site of the first KFC Restaurant in Warrnambool is located in a high profile position with close proximity to the iconic Fletcher Jones Gardens. Prominent 26.3 meter frontage to Princes Highway/Raglan Parade and frontage to Foster Street and Johns Lane – the only available triple road access site in town.
Key property information (existing configuration) •Corner site of 1207 sqm approx. •427 Raglan Parade: Site area of 631 sqm approx. with retail buildings of 460 sqm approx. including offices, staff amenities, warehousing •429 Raglan Parade: Car park/development block of 576sqm approx.
Warrnambool is a premier south west coastal city with population of 37,000 and linking to a service area of 110,000 from Colac, Camperdown, Port Fairy, Portland, Hamilton, Mortlake and surrounding towns. With a significant expected population growth to 46,210 by 2036, this is a rare opportunity to lease a corner site in this location on the Princes Highway with potential for further development, subject to approval by Lessor and local Council.
Rare opportunity to secure a prominent leasehold location within one of Victoria's premier coastal towns. High exposure and daily traffic of 20,000 approx. cars per day. Strong further development potential for the right tenant (STCA).
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