A major milestone has been reached in Geelong’s latest industrial development, Wilmac Corio, with construction kicking off following strong sales success.

Buyers have been snapping up the industrial warehouses in the project, which is being marketed for sale by Knight Frank and Darcy Jarman Real Estate, with 70 per cent of Stage 1 sold after just three months on the market.

This makes the development at 128-146 Obriens Road in Corio, which offers the only brand new 1000sq m-plus warehouses currently for sale in the Greater Geelong market, the fastest selling project for Melbourne-based developer Wilmac Properties.

Wilmac Corio is Wilmac’s second foray in the Geelong industrial market, off the back of their successful 70-lot industrial development in Breakwater completed in 2021.

Construction has now commenced on the project, marking a major milestone.

C3 Construction Group, which has a track record of delivering significant projects in metropolitan Melbourne and Geelong, has been appointed to complete the project.

Stage one of Wilmac Corio is now forecast for completion in mid 2024.

Stage two has recently launched to the market off the back of the sales success for Stage One.

Knight Frank’s Nathan Edgar said demand from industrial users for the project had been strong, with only two buildings now remaining in stage one and one warehouse in stage two already sold.

“These unprecedented sales results demonstrate the strength of the Greater Geelong industrial market,” he said.

“The quality of the development is also a big drawcard for buyers, as well as the size of the warehouses, with the product delivered by Wilmac resonating with buyers and filling a gap in the market.

“The warehouses are designed to cater for owner-occupiers looking to establish a presence in the key industrial gateway location of Greater Geelong.

“To date it has attracted local buyers, as well as those from Greater Melbourne who have identified the relative value of Geelong.”

Wilmac Corio is strategically located in the heart of Geelong’s largest dedicated industrial precinct, with fast access to the Geelong Ring Road and beyond.

Businesses and investors can select from various warehouse size and loading configurations in Wilmac Corio.

A great range of flexible product types, from 1500sq m to 2750sq m is available in Wilmac Corio to suit a range of businesses.

The 12 standalone properties feature a generous private hardstand area and secure gated access off a central estate road.

The warehouses are all complemented by flexible 195sq m first floor offices and large 5 x 5m RSDs, protected by cantilevered awnings.  

They also feature 8m + springing heights, prominent signage zones, 3 phase power and 6kw solar systems.

Floorplans and pricing are now available, with pricing from $2,300 per square metre.

To request a copy of the Information Memorandum please contact one of the marketing agents via the contact details below.