Expanding local owner occupier secures industrial warehouse off-market.
A 1,235 sqm industrial warehouse at 252 Proximity Drive in Melbourne’s Sunshine West has been sold for $4 million, representing a building rate of $3,239 sqm.
The transaction was managed by Colliers’ Anthony Ongarello and Ned Walmsley, who were able to secure a purchaser within two weeks of appointment in an off-market capacity.
Anthony Ongarello, Manager, Industrial & Logistics | Melbourne North West, said, “The warehouse’s convenient location within Sunshine West, benefits from access to major arterial roads made it a valuable asset for various users.
In addition, the property further benefits from high clearance warehousing, container height roller doors, amenities, a fenced yard, secure car parking and and the mix of office and warehouse space.
A local owner-occupier snatched up the warehouse to expand their footprint within the Sunshine West and Victorian market. The occupier will look to take advantage of the facilities the industrial warehouse offers, along with benefiting from the immediacy of access to roads it boasts.
“The purchaser had been looking across the market for over six months before we uncovered an off- market opportunity that met their business-specific requirements,” said Ned Walmsley, Senior Executive, Industrial & Logistics | Melbourne North West.
Sunshine West continues to attract strong demand and, in effect, is a highly sought-after suburb in Melbourne’s West, given the proximity it offers for occupiers to the CBD, Port and major arterial roads.
Related Articles
