Diversified Victorian developer Prime Urban Group has received permit approval for a new masterplanned business park at its 5.51-acre site in East Bendigo, which is set to bring a mix  of offices, warehousing spaces and a central café offering to the tightly-held market. 

The developer acquired the property at 8-16 Rohs Road in mid-2023 and plans to deliver 17 modern offices, 57 customisable warehouses suitable for broad operational requirements and two 1,100 sqm factory units through its ‘Prime Business Park Bendigo’ project. 

The project will have a Gross Realisation Value of over $55 million and is the most significant new industrial development in Bendigo approved for construction this year. Approximately 100  subcontractor full-time equivalent jobs will be supported during the build and over 35 local  material suppliers will be engaged. 

Development Director at Prime Urban Group, Nicholas Tissot, said that the recent permit  approval signalled an exciting milestone for the business as it widens its footprint in key  regional markets across Victoria.  

“Bendigo is a growth area in which we see significant future value in. It has terrific credentials  from a commercial growth-perspective, as local businesses will need to keep pace with  increased demand from the region's surging population in the next decade,” he said. 

“Across our various industrial projects in Victoria, we have observed a consistent increase in demand for our entry-level and medium-sized units, like what we are bringing to market in  East Bendigo. This allows businesses to scale-up operations in a gradual and considered manner.” 

“Once completed, we envisage the project becoming a nexus of business growth,  collaboration, community and lifestyle in close proximity to the Bendigo CBD.” 

The warehouse units at Prime Business Park Bendigo are Industrial 1 Zoned (I1Z) making them suitable for the widest use cases, and available in three sizes, ranging from 123 sqm, 144 sqm and 166 sqm. Tenants also have the ability to amalgamate neighbouring units. 

Warehouses will feature mezzanine levels for extra storage, motorised doors for delivery vehicle access, three-phase power, carparking on title, NBN connectivity, modern kitchenette  and bathroom facilities as standard. 

The 17 office spaces, which are available in several configurations, can be utilised as dual level contemporary workspaces or showroom areas. They feature modern facades designed  by Archiworks ranging from 144 sqm to 371 sqm in size, while providing extra lockable space  for businesses via separate 15 sqm storage rooms. 

Landscaped areas feature throughout the masterplan and future tenants will benefit from easy connectivity to key arterials including Rohs Road, Strickland Road and the Midland Freeway,  as well as the neighbouring rail network and recently refurbished Bendigo Airport, which is a  three-minute drive from the project.  

Greater Bendigo has an industrial vacancy rate of 0.5 per cent, well below the Melbourne  average of two per cent. Furthermore, it has a resident population of 126,000, making it one of Victoria’s most prominent regional hubs, with its population expected to soar by over 50  per cent (over 200,000 residents) in the next 25 years, according to the City of Greater  Bendigo Council. 

Local agency McKean McGregor has been appointed as the exclusive agent to run the pre sale campaign for the new precinct, which is expected to draw interest from local owner occupier businesses seeking to scale up operations and intrastate investors. Offices are  priced from $710,022 + GST and warehouses are priced from $342,350 + GST at the Prime  Business Park Bendigo. 

For more information or to make an enquiry, please visit: www.primebusinesspark.com.au