A unique industrial development providing flexible storage space in Melbourne’s city fringe is offering space for lease by Knight Frank's Grace Egan, Nathan Edgar and Andrew Galluci.
A unique industrial development providing flexible storage space in Melbourne’s city fringe is offering space for lease.
Developed by leading Melbourne developer Sector Property Group, WORKSTORE is situated at 550 Melbourne Road in Spotswood, in the city’s west. The 1.59 hectare development features 13 fully fenced secure yard spaces, offering container storage and canopies with crushed rock surfaces.
Sector's Operations Manager, Jonathon Tiralosi said: “It’s a unique offering that we have developed after interacting with clients on the ground, looking to fill a gap in the market where there is a clear demand.”
Space in the development is being leased by Knight Frank agents Grace Egan, Nathan Edgar and Andrew Galluci.
The 13 lots range in size from 653q m to 3449sq m, with five already leased to tenants.
Yard space is being leased at rates ranging from $40/sq m to $60/sq m.
Ms Egan said there had been strong interest to date in the industrial development from a range of different occupiers.
“Enquiry has come from commercial landscapers looking for yard space, as well as occupiers looking for truck parking and small civil groups that don’t require warehousing but need a secure premises to keep their equipment,” she said.
“The majority of developers for industrial projects are opting for warehouse developments to satisfy current demand in the market, as there is an undersupply. There is also a lack of vacant land or yard space for occupiers that require hardstand or secure yard storage rather than a warehouse.”
Mr Edgar said the Spotswood WORKSTORE provided first-class storage space in a prime location in Melbourne’s inner southwest, just 11 kilometres from the CBD.
“It is strategically positioned for easy access to freeways, Melbourne’s west and the CBD,” he said.
“Spotswood has always been a hidden gem with many opportunities given its proximity to the city.
“The area has in recent years been thrown into the spotlight due to many recent developments, including the nearby Newport Activity Centre.”
With a range of amenities close by including Coles, Bunnings, restaurants, bars, parks and schools, Spotswood has solidified itself as a desirable base for many businesses,” Mr Tiralosi explained.
WORKSTORE is located on the eastern side of Melbourne Road and benefits from superb access to the Melbourne Road/West Gate Freeway full diamond interchange, offering excellent connectivity to Melbourne’s major transport arterial and key infrastructure.
It will also directly benefit from the future upcoming West Gate Tunnel granting efficient access to Metropolitan Melbourne.
“Each yard comes with commercial electrical and water services, 24/7 security, excellent lighting, parking, and the opportunity for personal branding, all available under various lease options from just three months,” said Mr Tiralosi.
Long or short leases are available for the space in Spotswood Business Park.
Visit the website for more information: www.work-store.com.au
To request a copy of the Information Memorandum please contact one of the marketing agents via the contact details below.