Melbourne’s Industrial heartland still retains some rare opportunities in the few remaining Greenfields available. A substantial land holding of 5.3ha in an infill ideal location has been brought to the market by exclusive Colliers selling agents, Nick Saunders and Hugh Gilbert and alongside the Colliers Industrial Advisory team on behalf of Nufarm.

Melbourne’s West is renowned for being a very land constraint and Australia’s largest and fastest-growing industrial market, hosting some of the biggest brands and institutional investors. Suitable for e-commerce investors, the last-mile Industrial Development property accesses 1.6M households in Melbourne under 60 minutes.

Colliers National Director of Industrial & Logistics, Nick Saunders, said “With online sales trends always on the rise, the industrial estate provides a solution for e-commerce business as it fulfils consumers’ online shopping needs, from delivery to a retailer or purchaser’s home.”

“The property is superbly located as it’s a located 17 minutes travel time from the Port of Melbourne and 8 minutes to the closest intermodal. This location would provide major logistics benefits for end users,” added Mr Saunders.

Located only 15 kilometres west of Melbourne’s CBD, 8-14 and 16-18 Hume Road, Laverton North, is a value-added investment paired with a development site opportunity to build a single or multiple warehouses.

Colliers National Director of Industrial & Logistics, Hugh Gilbert, added “Melbourne West has been the dominant submarket across the city, with its popularity from occupiers stemming from its proximity to the Melbourne CBD and access to major arterial roads. Similarly, its ability to provide groups with scale at an affordable price compared to other markets has attracted groups from other markets across Melbourne. The West market is now Melbourne's most land-constrained industrial market, with very few large vacant sites left to develop.”

8-14 and 16-18 Hume Road, Laverton North, which is currently occupied by the Australian Food Group, on a short-term lease. is being offered for sale by Expressions of Interest closing on 27th March at 3pm (AEDT).

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