Leading mail house stakes claim on new Epping distribution centre

Direct Mail Corporation, one of Australia’s leading mail house businesses, has leased a new prime grade distribution centre at Epping in Melbourne’s north.

CBRE’s Daniel Eramo and Joe Brzezek, together with Gray Johnson’s Matt Hoath, negotiated the 24 Jersey Drive lease, which will deliver Direct Mail Corporation an expansive warehouse with multiple roller shutter doors in addition to a two-level corporate office.

The facility, which has a total building area of 5,267sqm has been leased on a five-year term at a rental of $80/sqm net.

Mr Eramo noted, “The industrial vacancy of prime grade buildings in Melbourne’s north is continuing to tighten, which is expected to spur a wave of speculative development from institutional owners over the next 12 months.”

The Jersey Drive facility is situated in a highly sought-after business park location, just metres from the Hume Freeway, Western Ring Road and Melbourne’s wholesale fruit and vegetable markets.

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About Warwick Petschack

Warwick has over 25 years of property investment and management experience. Principally responsible as Managing Director for Capital Management Australia and Joint Managing Director for Chauvel Capital Partners and Editor of Australian Property Markets News.

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