A rare, curated collection of seven freehold industrial assets has been  brought to the market by highly regarded and longstanding Australian supply chain solutions  business, Peacock Group. The portfolio is expected to appeal to a combination of investors  and owner occupiers either in-one-line or on an individual basis.  

Each property is situated in tightly held infill locations across Melbourne and Sydney and are  all currently occupied by Peacock Group with short term income.  

The Peacock Properties sites occupy prime positions within some of Australia’s most  desirable precincts, namely: 

• Oakleigh VIC includes 11 Stamford Road, 13 Stamford Road and 9 Kingston Town  Close with a total lettable area of 3,529 sqm, with further opportunity to acquire a  consolidated corner land holding of approximately 7,000 sqm. 
• Tullamarine VIC includes 29-31 Garden Drive and 3 Custom Road with a total lettable area of 3,188 sqm. 
• Mornington VIC includes 7 Bayport Court with a lettable area of 809 sqm. • Glendenning NSW includes 3/170 Power Street with a lettable area of 2,002 sqm. 

The opportunity comes as Melbourne and Sydney’s industrial markets remain undersupplied  with infill, land-constrained locations continuing to outperform.

Recent Cushman & Wakefield  research also shows occupier demand in H12024 has shifted to smaller leases with 77% of  lease deals nationally in the sub 10,000 sqm size bracket.  

Cushman & Wakefield’s Chris Jones and Charlie Holmes have been appointed as exclusive  selling agents, supported by local brokerage experts.  

Chris Jones, Cushman & Wakefield’s National Director, Capital Markets Logistics &  Industrial – ANZ said it’s rare for a collection of such tightly held infill precincts to be  presented to the market at one time where land supply in these areas is all exhausted with  very few opportunities to get into the market.  

“Each precinct presents a fantastic location to conduct business combining the ability to  service large surrounding residential catchments and connectivity to the broader  metropolitan area, tapping into the significant recent increase in eCommerce demand,” Mr  Jones said.  

Charlie Holmes, Cushman & Wakefield’s Associate Director, Capital Markets Logistics  & Industrial – VIC encourages investors and occupiers to capitalise on the broad tenant  appeal of these assets.  

“The infrastructure, connectivity and population growth supporting these properties positions each asset for long-term success. Offering a combination of office and warehouse, the  collection’s versatility makes it an appealing investment opportunity,” he said. 

“These strong fundamentals, coupled with the continued success and growth of the tenant,  suggests our EOI process is set to generate strong competitive interest.”  

Ryan McGrath of Peacock Group said that the timing was ideal for the sale, given the  company’s substantial growth through a series of recent merger and acquisition activities. 

“Our group has evolved into one of the leading providers of supply chain solutions in  Australia and New Zealand. This sale is a core component of our broader strategy to unlock  capital and leverage this exciting period of growth.” 

The properties are offered for sale individually or in one-line via an Expressions of Interest  campaign closing Thursday 14 November 2024 at 12pm (AEDT). 

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