Victoria’s West purpose Built Vehicle storage Facility, 51 Dunmore Drive, Truganina has been snatched up. Colliers Victorian North West Industrial & Logistics National Directors Nick Saunders and Hugh Gilbert have successfully leased the 86,856m² site for 18 months at annual rental income of $2.02 million.

“This ideally located property was purposely built for the receival, storage and distribution of vehicles, catering to a targeted market of users.” Said Hugh Gilbert National Director, Industrial & Logistics | Melbourne North West.

The low site cover property consists of a combination of a fully fitted open plan office, workshop, wash bay, undercover inspection area and an expansive area of hail netting.

The property further offers the ability of storing a total of 3,039 vehicles on site.

Colliers Industrial & Logistics Melbourne North West experts were engaged by the owner to lease the asset on their behalf.

The team strategically positioned the site ensuring they spotlighted the various features it provided. Nick and Hugh successfully leased the property to an ideally suited Global vehicle logistics company.

“Truganina is one of the fastest growing industrial precincts in the country and with a major spike in demand for hardstand suitable for vehicle storage in Melbourne, this property presented as a prime option and location for many occupiers seeking these requirements.” mentions Nick Saunders, National Director, Industrial & Logistics | Melbourne North West.

Truganina further presented appeal, as it benefits from recent upgrades to all major roads in the Truganina and Melbourne West precinct.

The Property is extremely well located just 3km from the Western Freeway, 18km from the Port of Melbourne and 23km from the Melbourne CBD.

This asset garnered significant interest, as a result of the many appealing features it provided in line with occupiers seeking requirements the site and beneficial location provided.

The robust activity of the campaign and favourable terms achieved, further demonstrate the spike in demand for handstand within Melbourne, suitable for Vehicle storage. The transaction achieved a favourable outcome for all parties involved.

Whether you are looking to occupy or invest Colliers Industrial & Logistics Victoria North West experts are across the opportunities in the market and how to find a suitable space aligned to your business requirements.

To find out more about the Truganina market, or other markets across Victoria reach out to Colliers Industrial & Logistics sales and leasing experts.

*All measurements are approximate.