Back 23 Jorgensen Parade
Off Market

23 Jorgensen Parade

Kinglake West VIC 3757

136
20056 m²
Land
William VerhagenWilliam Verhagen, last sold this property on 03 June 2025 after 784 days on market.

Overview

LARGEST 5 ACRE INDUSTRIAL SITE IN THE DISTRICT

A prominent large multi-allotment site with long term established tenant with a full level 5 title Industrial 1 Zone approx. 1 hour to Melbourne in prime location. This rare commercial property in this position provides the perfect opportunity for long term investors or large scale business pursuits for future endeavours. Culminating a mix of current site uses and home to long standing tenant KLMSA Modular it has catered to large modular installation production. There are 7 main buildings across the complex from an array of machinery sheds to office spaces and lunchrooms. The infrastructure is designed for a high production line end to end solution producing commercial material on an industrial scale. 3 bitumen road access points and fully fenced lots divided into 4 main sites comprise: Site 1 (12 Margaret Street) 3,985m2. - Head Office with bathroom facilities. - 7 office spaces/rooms, reception, conference room, lunchroom. - Factory 1. 21x30m (630m2) floor area with concrete base, power and upstairs office and lunchroom. - Factory 2. 16x30m (480m2) floor area with concrete base, power and storage. - 2x wall frame sheds, external canopy and 11x4m storage shed. Dual access concrete driveway. Site 2 (12 Oldfield Road) 4,035m2 - 102.3m level parking site with storage shed fully fenced with access into site 3. - Site can be used for entry/exit, building yard, storage/parking. Site 3 (Lot 8 & 9, 21 Jorgensen Parade) 8,083m2 - 3 access points to adjacent sites and road access to Jorgensen Parade. - Dual title site used for building assembly yard and modular preparation work. Heavy vehicle access for transport and delivery. Site 4 (23 Jorgensen Parade) 3953m2 - Factory 3. 26.7x49m floor area 1308.3m2 in total being the largest commercial shed in the district. Front and rear access with concrete base, power and mezzanine. - Dual access site with road access to Jorgensen Parade. Ample off street parking. - Trades lunchroom and office catering to large workforce with bathroom facilities. All sites total 20,056m2 with over 2462.3 in warehouse size with an array of use cases for each. Water storage comprises 7 tanks approx. 137,000L in total. Further information can be provided for the long term lease with 5 year tenure and strong return. Astute buyers are welcome to peruse the site plan and arrange private inspection accompanied by agent and site manager. Price range $3,000,000 - $3,200,000

Features

136 carspaces
136 open car spaces
20056 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Kinglake West over the last 12 months, the estimated median property value of 23 Jorgensen Parade is $1.75m.

Median value
$1.75m
Estimated value range
$90k - $1.75m
Median days on market
250
Estimated value trend
220%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kinglake West. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 23 Jorgensen Parade

2025
Sold
Undisclosed
03 Jun 2025 by William Verhagen, of Integrity Real Estate Kinglake

Happy sellers in Kinglake West

~%

We have insufficient information to provide an overview of customer satisfaction for Kinglake West. Viewing the agent profiles, reviews and sales for Kinglake West can provide insights for this location.

Local market activity for land plots in Kinglake West

In the last 12 months, 5 land plots similar to 23 Jorgensen Parade, have been sold.

This represents a 200% decrease in land plots sales when compared to the previous 12 months.

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