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Investment Highlights

  • Two adjoining industrial properties with a combined land area of approximately 3,094 m².
  • 40 Lisa Place: 1,601 m² land with an existing 332 m² factory and operational business.
  • Flexible opportunity for investors, developers, or owner-occupiers seeking scale and long-term growth.
  • 38 Lisa Place: 1,493 m² land ideal for redevelopment or expansion (STCA).
  • Strategic location with excellent access to major arterials and Melbourne Airport.

Executive Summary

This rare dual-title industrial opportunity in Coolaroo offers exceptional flexibility for investors, developers, and owner-occupiers. Comprising two adjoining properties at 38 and 40 Lisa Place, the combined landholding spans approximately 3,094 m², providing scale and long-term potential in a well-established industrial precinct.
38 Lisa Place presents a substantial 1,493 m² allotment, ideal for redevelopment, expansion, or strategic land banking (STCA). Adjacent to this, 40 Lisa Place includes a 1,601 m² site with an existing factory of approximately 332 m², offering immediate operational capability or income potential for investors.
Positioned in the heart of Coolaroo’s industrial hub, the properties benefit from excellent connectivity to major arterial routes, including Pascoe Vale Road, Sydney Road, and the Western Ring Road, ensuring efficient access to Melbourne Airport and key freight corridors. The surrounding area is home to a strong mix of industrial users, supporting ongoing demand for versatile industrial assets.
This is a unique chance to secure a significant landholding with dual-title flexibility in a tightly held location, suitable for redevelopment, expansion, or continued use as an income-generating asset.

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.77 AC
Rentable Building Area 3,574 SF
No. Stories 1
Tenancy Single
No. Drive In / Grade-Level Doors 1

Amenities

  • Fenced Lot
  • Automatic Blinds
  • Listing ID: 39981932

  • Date on Market: 3/31/2026

  • Last Updated:

  • Address: 38-40 Lisa Pl, Coolaroo, VIC 3048

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