5.53ha Greenfield Site, Brought to Natural ground and Primed for Development
AND Property as exclusive selling agents, are pleased to offer for sale, this impressive industrial development opportunity offering unrivalled scale in Melbourne’s core western industrial precinct.
This property is exceptionally well located on Leakes Road, in the ever changing and rapidly growing western corridor, giving developers, owner-occupiers or investors the ability to capitalise on this exclusive offering, with neighbouring occupiers including Amazon's data centre, Form 700, Kmart, Amart, Tesla as well as Wyndham community hubs Sapphire Square and Mode Business Park developed by the Maximise Group.
185 Leakes Road is well positioned to accommodate some of the best performing industrial occupiers including data centres, cold storage operators, small lot industrial land subdivision, storage operators and logistics operations.
The site is currently undergoing excess clean fill removal by permit to bring the site to natural ground by October, 2024*, conducted by Soilworx with over 40 years experience in the civil sector.
AND the Property Highlights:
- 5.53ha (55,381m²)
- Individually titled greenfield site
- 108m* of frontage onto Leakes Road
- 510m* of depth
- Urban Growth Zone (Applied Industrial 3 Zone)
- Clean fill removal as per council permit, anticipated to be completed by October 1st, 2024
- Service Road to be delivered on Leakes Road and rear access road to be delivered connecting to Palmer's Road
AND the Demographics:
-City of Wyndham 2024 population 334,180 forecasted to grow to 501,634 by 2041
-Wyndham GDP $16.6 Billion
-110,531 local jobs
-31,837 local businesses
AND the Development Options:
-Institutional grade warehousing, capitalise on historically low vacancy levels
-Data centre potential, located along the data centre western precinct with neighbours such as Microsoft, Stack and Amazon
-Cold storage potential
-Small lot industrial land subdivision, recent case study in Truganina in our IM for small lot realisations up to $1,556 PSM
-Neighbouring Mode Business Park West, where 180 warehouses were sold prior to construction completion
AND the Location Highlights:
- 20km* from Melbourne CBD
- 15km* from Port of Melbourne
- 19km* from Melbourne Airport
For more information including access to the data room with concept plans for built form and industrial small lot land subdivision, please do not hesitate to contact the exclusively appointed agents at AND Property.
*Approximately
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