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Melbourne’s South East Industrial $8.4 Million Sale

10 April 2025
Melbourne’s South East Industrial $8.4 Million Sale

Colliers facilitates a major transaction, reflecting strong investor confidence and market resilience.

A prime grade industrial asset at 28-32 Arctic Court, Keysborough, has been successfully sold for $8.4 million by Colliers Sam Hibbins and Luke Lowden. The transaction underscores the dynamic state of Melbourne’s South East industrial market.

“This market-leading sale marks the first prime grade industrial office and warehouse above 2,000sqm to transact in Melbourne’s South East in 2025,” said Sam Hibbins, Colliers Associate Director | Industrial & Logistics.

“The property, acquired by a private investor, showcases a remarkable 45% increase in capital value since its last sale in November 2020. This significant appreciation highlights the strong investment appetite and confidence in the region,” Mr Hibbins added.

The high-quality building, covering 2,953sqm, is situated on a 5,300sqm site adjacent to EastLink, offering unparalleled connectivity. Located within the highly sought-after Keysborough Key Estate, the property features an expansive 20-metre-wide hardstand running the full length of the warehouse, a newly built 400sqm cool room, high clearance, five on-grade roller doors, and a securely fenced and gated site.

Colliers Associate Director | Industrial & Logistics, Luke Lowden, said, “The on-market campaign generated significant interest, highlighting the strong demand for properties of this prime grade in the highly sought-after Keysborough location, which offers industrial and logistics property seekers excellent accessibility.”