Highly specialised bedding supplier Sleep Systems NZ Limited  leased a new distribution centre in Laverton North to support its Australian operations. CBRE Fergus Pragnell, Tom Murphy and Ricardo Cappelletti secured the tenancy on behalf of building owner151 Property.

The company, which focuses on bedding and components for hospitals and aged care, has committed to a 4 ½-year lease over the 19 Oxford Road facility in Melbourne’s west.

While the rental has not been disclosed, new office/warehouses in the precinct typically lease for around $87/sqm–$90/sqm.

CBRE’s Fergus Pragnell, Tom Murphy and Ricardo Cappelletti secured the tenancy on behalf of building owner151 Property.

The 10,903sqm property features a 5,693sqm office/warehouse and an expansive, 500sqm loading canopy.

The 13.7m high-clearance warehouse incorporates two recessed loading docks and three on grade roller shutter doors.

The property is situated 12km from the Port of Melbourne and 17km from the CBD. 

To request a lease analysis please email the leasing agents via the below contact form.