A vacant industrial building in Melbourne’s west is generating strong buyer interest during a sale campaign due to its rarity in the market.

The property at 48 Cherry Lane in Laverton North is currently one of the only buildings of its size, in the 2,500sq m-plus range, available to purchase with vacant possession in Melbourne’s entire western industrial market.

The brand new freehold high-specification logistics warehouse facility will offer 2,531sq m of floor area upon completion in the middle of this year.

It will have 2,418sq m of warehouse space on the ground floor, with 113sq m of office space on the first floor.

Features include first-class amenities, 8.6 metre internal springing warehouse height, 2 x container height motorised roller shutter doors, B-double access and ample parking via 28 car parks.

It is being taken to the market via an Expressions of Interest campaign being run by Knight Frank agents Steve Jones and Joel Davy in conjunction with Anthony La Porta and Drew Williams of Rutherfords Real Estate.

The price guide for the property is $7.2 million to $7.8 million.

Mr Jones said the best-in-class last mile logistics facility was located within a brand new, state-of-the-art logistics park in Laverton North called Cherry lane Industrial Estate.

“It is currently in its final stages of construction through established builder C3 Construction and is due for completion in June or July,” he said.

“With extremely limited sales opportunities currently for properties in Melbourne’s western industrial market, we have had strong buyer enquiry.

“Buyers have been attracted to the facility’s location in the tightly held industrial precinct of Laverton North as well as its modern features.”

Mr La Porta said the area was serviced by Melbourne’s main arterial roads, providing access to the Port of Melbourne, the Melbourne CBD, Tullamarine Airport and Avalon Airport.

“The facility itself is a new clearspan concrete tilt panel construction office warehouse.

“The office is fully fitted out, with reverse cycle ducted air conditioning and premium finishes throughout, with low capital expenditure required by an incoming user.”

The Cherry Lane Industrial Estate is comprised of 17 separately titled industrial warehouses on the corner of James Street and Cherry Lane in Laverton North.

The Expressions of Interest campaign for the property at 48 Cherry Lane will close at 5pm on Thursday, May 11.

To request a copy of the Information Memorandum please contact one of the marketing agents, Knight Frank’s Steve Jones and Joel Davy in conjunction with Anthony La Porta and Drew Williams of Rutherfords Real Estate,via the contact details below. 

2,500sq m-plus facility in Melbourne’s west for sale by Knight Frank and Rutherfords Real Estate