AND Property Sells $15M Corner Facility

2-12 Jessica Way, Truganina

AND Property is proud to announce the successful sale of 2-12 Jessica Way, Truganina for $15.05 million. The sale was conducted by Ricardo Cappelletti and Ben Quennell in conjunction with Charlie Woodley from Colliers. This exceptional low site coverage industrial facility occupies a prime corner site in one of Victoria’s strongest industrial and logistics precincts, positioned less than 18 km from the Melbourne CBD.

The purchaser, an owner-occupier, identified the property as a rare opportunity, driven by its generous land area, functional improvements, and the scarcity of comparable assets in Truganina industrial market. The property’s prominent frontage to Doherty’s Road, low site coverage, and additional hardstand capacity made it a standout offering.

“This result reinforces the strength of Melbourne’s western industrial market and the premium attached to well-located facilities with expansion capacity. Opportunities of this scale and profile are increasingly rare in Truganina and continue to attract strong competition from both owner-occupiers and investors. Effectively, consolidating the western industrial market as a pushing force.” said Ricardo Cappelletti, Managing Director at AND Property.

Property Details:

• Site Area: 11,608m²
• Building Area: 4,508 m² Site Coverage: 39%
• 4,850 m² of 200 mm hardstand Zoning: Industrial 1 Zone
• Six (6) container height roller shutter doors and five crossovers Internal clearance of 8.35 m* (spring height)
• Dual-storey corporate office with high-quality finishes
• Onsite café (Prison Break Café) generating long-term income

Sale Details:

• Sale Price: $15.05 million Land Rate: $1,297/m²
• Building Rate: $3,339/m²
• Purchaser Profile: Owner-occupier

The property attracted strong interest throughout the Expressions of Interest campaign with multiple competitive offers received. Reflecting AND’s diligent efforts in achieving the best results for our clients.