August 10, 2016

New industrial park opportunity

A major new industrial park being built at 329 Bay Road, Cheltenham will provide long term business and investment opportunities for owner occupiers and investors alike.  Available now for purchase are individual industrial units across a range of formats.  With its cutting-edge design that includes a childcare centre and retail showroom, this estate is likely to set the benchmark for future industrial parks in the Bayside area and across Melbourne.

James Glen, Senior Sales and Leasing Executive, explains, “This estate is meeting the needs of today’s industrial unit owner and tenant.  The range of floor areas, designs and features is expected to attract a mix of users in addition to the traditional wholesaler.  These include construction and engineering firms, a range of professional, technical and household services, and recreation, retailing, health and rental businesses.”

An attractive design, innovative use of construction materials, and extensive landscaping will maximise the value of each unit.  Additionally, the prime location, childcare centre and retail showroom enhance the park’s features and are expected to bring new business to the area.

Available to purchase now are:

8 medium industrial units with mezzanine offices

  • Sizes range from 200m2 to 235m2 (approx.)
  • Prices start from $600,000 plus GST

12 hi-tech units

  • Sizes range from 202m2 to 230m2 (approx.)
  • Prices start from $570,000 plus GST

Completion scheduled for late 2017

For further information, please contact James Glen on 0401 493 277.

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.