CMV Group Acquires Strategic Merrifield Business Park Site for Future Expansion

CMV Group has purchased a strategic 4.57ha landholding from developers MAB and GPC within Merrifield Business Park.

CMV Group is set to develop the site, at 2 Innovation Drive Mickleham, into a state-of-the-art Kenworth & DAF Truck dealership and service centre, enhancing their offering and accessibility to their growing customer base in Melbourne’s North.

CBRE’s Daniel Eramo and Joe Brzezek brokered the sale of the prime property, located in a prominent position at the corner of Donnybrook Road and Polaris Road.

CMV Group Joint Managing Director, Daniel Crawford said the location’s high exposure and excellent connectivity were key considerations in CMV Group’s decision to invest in the prime site.

“Locating a full-service dealership adjacent to Australia’s greatest freight route, the Hume corridor, is critically important to improve the level of service and support for customers on the eastern seaboard,” Mr Crawford added.

CBRE’s Mr Eramo noted, “CMV Group’s future development will create the ultimate interface along Donnybrook Road into MAB’s large format industrial business park. This transaction also further reinforces the demand from quality groups seeking accommodation within Merrifield Business Park due to its strategic location and Eastern Seaboard serviceability.”

Merrifield Business Park is home to several leading national and international companies, including Ford Australia, Dulux, DHL, and RMA Automotive, making it a hub for innovation and business growth.

MAB General Manager Commercial and Industrial Jamie Buxton said, “We’re pleased to welcome CMV Group at one of the most prominent sites in Merrifield Business Park. We look forward to adding further occupiers of CMV Group’s calibre with our premium large-scale, Donnybrook Road frontage lots.”

Merrifield Business Park offers bespoke solutions for industrial land sales, turnkey warehouses or pre-leasing and can accommodate requirements from one to 10 hectares.