A local investor has purchased land at 30 Willandra Drive, Epping for $8,367,575, and a land rate of $985 per sqm, achieving a record rate per sqm for a block of this scale in the area.

JLL’s Directors of Logistics & Industrial- (Victoria) Mario Moscon, Anthony Cannizzaro and Executive Arthur Vainbrant brokered the deal via an Expressions-Of-Interest campaign on behalf of Northpoint Enterprise Park.

Mr Moscon said, “The majority of interest received was from strata unit developers, however the successful purchaser was a savvy investor looking to develop and hold.”

The rectangular shaped allotment holds a substantial frontage of around 67.07m* to Willandra Drive and is a versatile asset suitable for a variety of uses.

Epping has undergone significant change with major social and infrastructure projects scheduled for the next 5-15 years that include the North East Link set for completion in 2027-2028, Western Ring Road upgrades set for completion in early 2023 and the new Epping on Cooper Street that is expected to include more than 2,000 new homes and a northern private hospital scheduled for completion in 15 years.

To request a sales analysis please contact the selling agents, JLL’s Directors of Logistics & Industrial- (Victoria) Mario Moscon, Anthony Cannizzaro and Executive Arthur Vainbrant via the below contact details.