Set on 9,600sqm, the property comprises a 2,000sqm warehouse with 10m internal clearance, 270sqm of dual-level offices, an all-weather loading canopy, three container-height roller doors and extensive hardstand. It carries existing planning approval for materials recycling and associated building works, alongside a 1,500kW power supply via a dedicated substation.
The acquisition also includes five pieces of specialist machinery with an estimated combined value of $6 million. The facility sits within Melbourne’s western logistics corridor, with access to the Western Freeway and Princes Freeway connecting it to the Port of Melbourne and Melbourne Airport.
“Opportunities like this rarely come to market and when they do, they move quickly. Understanding how features such as existing planning approvals, power capacity and specialist plant translate into operational value is an important part of assessing an acquisition, particularly for owner-occupiers with specific requirements,” said Noah Bernardi.
“The acquisition gives our client a facility they can occupy without reconfiguration, in one of Melbourne’s most tightly held industrial corridors. Avoiding the time and cost of securing approvals, power capacity and specialist equipment separately puts the business in a strong position to get up and running,” said Lachlan Kahl.
Full details of the transaction are on the Truganina listing.