


Stonebridge Property Group is delighted to exclusively present for sale 14 Korumburra Road, Wonthaggi, a freestanding commercial investment offering genuine short-term value-add, repositioning or owner-occupier potential within one of Bass Coast’s key regional retail hubs. The key highlights of the opportunity include: • Substantial 6,123 sqm* Commercial 2 Zone landholding with 71.8 metres* of frontage to Korumburra Road, providing strong underlying land fundamentals and flexible future use potential^ • Highly functional improvements comprising 2,942 sqm* of building area across warehouse, factory, office and mezzanine accommodation, with internal clearances of approximately 7.5 metres*, multiple roller doors and substantial hardstand areas • Positioned within Wonthaggi’s established retail and service precinct, in proximity to BIG W, the Coles and Kmart anchored Wonthaggi Plaza, Supercheap Auto, BCF and a full-line Woolworths, supporting potential demand from trade, showroom, bulky goods, service retail and last-mile occupiers • Strong regional tailwinds, with Wonthaggi’s population forecast to grow by 1.53% p.a. to 2046**, supported by the $290 million Wonthaggi Hospital expansion and Gippsland’s emerging offshore wind industry • Currently leased to Cyclone Tools until May 2027, providing flexibility to re-lease, reposition or pursue owner-occupation at lease expiry • Potential 50% regional stamp duty concession, subject to purchaser eligibility To obtain further information or to arrange an inspection, please contact the exclusive selling agents. *Approximate only. ** Forecast.id ^Disclaimer: Development/repositioning potential is STCA. Stamp duty concession eligibility is subject to purchaser circumstances; purchasers must rely on their own investigations and professional advice.
Stonebridge Property Group - Melbourne
Level 19, 627 Chapel Street, South-Yarra, Vic
Property ID: 505230112
Original Property ID: 505230112