A new premium industrial land subdivision offering scale, flexibility and connectivity within one of Australia’s fastest growing industrial corridors, the Geelong Ring Road Employment Precinct, has been launched to the market.
Kinetic Lara, located at 220 Heales Road in Lara, is a multi-stage industrial subdivision designed to support the next generation of logistics, manufacturing and industrial users seeking a foothold in one of Victoria’s most strategically positioned employment precincts.
A limited release of three titled lots in the development is now being marketed for sale via Knight Frank agents Nathan Edgar and Chris Bolsin in conjunction with AND Property agents Ben Quennell, Daniel Barr-Waanders and Joff Mithen on behalf of the developer, Montgomery Property Group.
The lots are sized at 22,046sq m, 22,039sq m and 36,548sq m.
Mr Edgar said Kinetic Lara provided an opportunity to acquire industrial land of scale within an established and tightly-held precinct.
“Greater Geelong is one of Australia’s fastest-growing regional cities, supported by sustained population growth and strategic positioning within the Melbourne-Geelong corridor,” he said.
“This growth is driving increasing demand for industrial land from a diverse range of occupiers, including logistics, warehousing, manufacturing and distribution groups seeking proximity to both metropolitan Melbourne and key regional markets.
“The Geelong Ring Road Employment Precinct has emerged as a critical industrial hub, attracting a range of national and international occupiers due to its connectivity to the M1, Port of Geelong, and Avalon Airport.
“Supply of serviced industrial land of the size available in Kinetic Lara within the Geelong Ring Road Employment Precinct is extremely limited, so we expect strong demand during the sales campaign.
“Kinetic Lara is ideally suited to owner-occupiers, developers and logistics operators seeking flexible lot sizes, efficient heavy vehicle access and proximity to key national infrastructure.”
Mr Quennell said the surrounding occupier profile reinforced the precinct’s strength.
“Kinetic Lara is surrounded by high-calibre national and international occupiers including Isuzu, Timbertruss, Ritchie Bros. Auctioneers, Fulton Hogan and PFD Food Services,” he said.
“This concentration of established industrial users underlines the area’s long-term relevance as a key employment and logistics hub.”
Greater Geelong is one of Australia’s largest regional cities, with the population projected to grow by approximately 63 per cent between 2021 and 2046, driving increasing demand for industrial land and infrastructure.
Purchasers at Kinetic Lara may also benefit from the Victorian Government’s Regional Commercial and Industrial Property Concession, which can provide up to a 50 per cent reduction in stamp duty for qualifying acquisitions, further enhancing the project’s appeal to owner-occupiers and developers.
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