Industrial units in a brand new business park suitable for a range of businesses in Victoria’s Ballarat have hit the market, offering buyers an opportunity to invest in a growth area with strong occupier demand.

The unit development at 11 Kennedys Drive in Delacombe is offering 16 concrete panel warehouses for sale ranging in size from 150sq m to 257sq m.

Priced from $429,000, the warehouses are zoned Industrial 1 and include office space, with an optional mezzanine area available.

Other features include high clearance roller door access of 5.4 metres, high glazed windows, shower facilities, CCTV security, car parking on title, a motorized entry/exit sliding gate, 3 phase power and an NBN Connection.

The industrial units are being taken to the market by Private Sale via Knight Frank agents Nathan Edgar and Thomas Dodd in conjunction with Michael Edgar of PRD Ballarat.

Mr Dodd said the architecturally-designed industrial warehouses at 11 Kennedys Drive provided a fantastic opportunity for businesses to strike gold in Ballarat’s booming property market. 

“The units are suitable for a range of businesses and uses, including electricians, plumbers, e-commerce, landscapers, storage, painters, builders, man caves, creative businesses, equipment hire, agriculture services and wholesalers,” he said.

“Closely situated to the busy Wiltshire Lane and Latrobe Street, 11 Kennedys Drive is located approximately five kilometres west of Ballarat Town Hall in the well established and growing Delacombe industrial precinct, in close proximity to many national tenants including Bunnings, Total Tools and PetStock.”

Knight Frank’s Nathan Edgar said Ballarat was becoming increasingly popular for industrial users, and was set for strong growth in the future.

“The brand new, quality industrial units at 11 Kennedys Drive offer buyers an opportunity to invest in a huge growth area with strong occupier demand,” he said.

“Ballarat is Victoria’s third largest city, and its population is forecast to rise by 24.43% from 2022 to 2036.

“The growth will be aided by several major social and infrastructure projects scheduled for completion in the next five to 10 years, including the $659.7 million Western Highway Upgrade, the $541.6 million Ballarat Base Hospital redevelopment and expansion and the $11.1 billion Ballarat Link Road Project.”

Ballarat is located approximately one hour and 15 minutes from Melbourne, connected to the capital by the Western Freeway.

The city is in a key strategic position with four main highways – the Western, Midland, Glenelg and Sunraysia – connecting it to the industrial centres of Melbourne, Adelaide, Geelong and Portland; the regional cities of Bendigo and Mildura; and agricultural areas in the Mallee and Wimmera.