60 Sydney Road, Somerton located in Victoria’s North West and forming part of Charter Halls Prime Grade Facility Somerton Logistics Centre has been snatched up. Collier’s Victorian North West experts Nick O’Brien, National Director and Corey Vraca, Associated Director successfully leased the 10,000m² high quality warehouse to a leading rug manufacturer and distributor. 

“Ideally located adjacent to Hume Highway, this property provides convenient access to Melbourne’s major arterial roads and is positioned among leading brands within one of northern Melbourne’s highly sought after logistics estates.” Said Nick O’Brien, National Director Industrial & Logistics | Melbourne North West. 

In addition to its strategic location, the property provides high quality warehouse and office space. It further benefits from a combination of on grade roller shutter doors and recessed loading docks, ample parking, high quality amenities, ESFR sprinklers and plenty more. Offering a large canopy to allow for all weather loading as well as a covered loading dock, this property is ideally suited to manufacturers and distributors looking to expand their space and benefit from the market leading quality build Somerton Logistics Centre provides. 

Through Collier’s global connectivity, Melbourne’s North West experts Nick O’Brien and Corey Vraca were brought in by Colliers Toronto office to collaborate with the international rug manufacturer. Their goal was to find the business a suitable warehouse space within Victoria, Australia to support the company’s expansion plans. 

“Based out of the US, the new tenant has been supplying rugs to the Australian market through online e-commerce and distribution networks. Currently manufacturing and distributing out of facilities set up across North America and the UK, they sought after setting up space within Australia to further provide stronger efficiencies to the Australian Market.” Mentioned, Corey Vraca, Associate Director Industrial & Logistics | Melbourne North West.

“Commencing in October 2023, we collaborated closely with them to grasp their specific requirements and began analysing potential sites in the North, West, and South-East markets of Melbourne in line with their brief.” Added Mr O’Brien

The team were marketing Charter Hall’s premier industrial facility at 60 Sydney Road, Somerton, which after analysis, was determined to align suitably with the international rug manufacturers requirements. 

“The 10,000m² warehouse provides the new tenant with the opportunity to establish, set up and expand their operations in Melbourne, offering significant logistical advantages for the local market and strong connections to the eastern seaboard.” Said Mr Vraca. 

Somerton continues to attract strong demand and in effect is an extremely sought after suburb in Melbourne’s West given the proximity it boasts. 

Colliers experts worked closely with both the new tenant and Charter Hall to achieve a favourable outcome for all parties involved. This market leading transaction highlights the value in collaborating with Operators who are working closely with Landlords, are across the opportunities in the market and can effectively source suitable space aligned to your business requirements.

To find out more about the Somerton transaction, industrial & logistics opportunities across Victoria or to align your businesses requirements with a suitable space reach out to Colliers Industrial & Logistics sales and leasing experts. 

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