Office-Warehouse Development in Melbourne’s East Already Popular with One Unit Sold Prior to the Project Launch

A new seven-unit office warehouse development in Melbourne’s east is already seeing strong interest, with one unit already having sold. 

The remaining units in the development at 1-5 Research Drive in Croydon South range in size from 605sq m to 1,474sq m over two levels – and are tailored for larger format occupiers, with a combination of up to 2,931sq m available. 

The architecturally-designed units, which are ready to occupy, have high clearance, clear span warehouse space of up to 8.8 metres, integrated dual-level office showrooms with end-of-trip facilities and amenities on both levels, premium finishes and allocated car parking for each unit. 

Strategically positioned on a 1.27-hectare within the Merrindale Industrial Estate, the development has unmatched connectivity via Eastlink, Canterbury Road and Maroondah Highway. 

The units are being marketed for sale by Stuart Gill and Steve Salopek of Knight Frank in conjunction with Ian Angelico and Stan Dawidowski of CVA on behalf of the developer. 

Constructed by Elite Property Group – renowned for delivering high quality industrial projects across Melbourne – the business estate will suit owner occupiers or investors seeking quality, functionality and long-term value. 

Zoned Industrial 1, they are suitable for a wide range of commercial, warehousing, distribution or showroom uses. 

Knight Frank’s Stuart Gill said the property offered exceptional exposure and accessibility for businesses, and was already generating strong interest with one unit selling prior to the launch to a local owner occupier. 

“Positioned prominently at the gateway to the east’s most prestigious industrial precinct, this property commands a prime corner location at Dorset Road and Research Drive,” he said. 

“Opportunities to secure newly constructed facilities of this scale and calibre are exceptionally rare—and we don’t anticipate another offering of this nature emerging in the near future.” 

CVA’s Ian Angelico described the estate as “a future-proofed Business Park with scale, accessibility, and visibility in the east”. 

“This development offers businesses the chance to secure a position in one of the East’s most established and connected precincts,” he said. 

“1–5 Research Drive blends architectural form with function — offering large-format footprints, dual-level offices, and corner prominence few can match.” 

The unit development is adjacent to major commercial traders including Bunnings, Officeworks, DeBortoli Wines and Merrindale Shopping Centre.