Secure one of the Last Industrial Zoned Development Sites of Scale in Melbourne
JLL is pleased to exclusively present 725 Boundary Road, Truganina for sale via an international expressions of interest campaign closing Tuesday the 28th of June at 4.00pm (AEST). This is the most exciting development opportunity to come to market in recent years. This greenfield site is located approximately 20 kilometres West of the Melbourne CBD and offers purchasers an opportunity to secure one of the last remaining industrial zoned sites of scale in Melbourne.
The site has been occupied since 1988 and utilized as a small farming enterprise. With the recent rezoning, it is now poised as a natural extension of Melbourne’s Core Western Industrial Precinct – Australia’s largest and most active logistics precinct.
Prospective purchasers can expect to leverage from the following market and property specific fundamentals;
• Zoned for Office & Light Industrial uses under the Truganina Precinct Structure Plan (PSP).
• Significant and rare industrial site of scale with a total site area of 58.9ha*
• Total Industrial Net Developable Area (NDA) of 35.8ha*
• Total Residential Net Developable Area (NDA) of 5.5ha*
• Total Net Developable Area (NDA) of 41.3ha*
• Regular shaped and divided into two allotments with minimal fall
• Great access to major arterials providing connectivity to Melbourne Airport (17km* from site), Port of Melbourne (16km*) and Melbourne Central Business District (20km*)
• Over 800m* frontage along Woods Road & 800m* Frontage along Boundary Road
• Multiple access points from Vulcan Drive, Boundary Road & Woods Road
• Severe shortage of industrial development land across Melbourne
• Strategically located in Australia’s largest and most active industrial precinct
• Strong occupier demand underpinned by E-Commerce & Population Growth.
• Record low vacancy & limited supply pipeline currently driving rental growth
• Future train station approximately 150m* away
• Benefit from future surrounding infrastructure such as the Western Interstate Freight Terminal (WIFT) & Outer Metropolitan Ring Road (OMRR).
For further information or to arrange an inspection please contact the below exclusively appointed agents.
*Approx.
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