Located in a thriving industrial precinct in the booming regional town of Mildura, this architecturally designed estate is setting new benchmarks and offers an ideal opportunity for investors, owner occupiers and tenants alike.

Due for completion mid 2024, Bathurst Business Park delivers an unrivalled state of the art industrial space in the heart of Mildura’s business and industrial precinct.

Burgess Rawson’s Wendy Thomson, David Napoleone and James Bergman have been exclusively appointed to sell and lease the business park in Bathurst Street.

Ms Thomson said interest in Bathurst Business Park has been strong with five of the 13 assets already sold for a combined amount of about $4 million.

Mr Napoleone said owner occupiers and investors will reap the rewards. Investors expect a net initial return of 6.9% with strong growth potential as there are very few similar properties available for lease in the region.

“We’ve had strong interest across the board with businesses attracted to the high quality and modern amenities the estate offers,” he said.

This premium industrial development comprising thirteen individual units is located in a renowned industrial precinct designed for heavy transport usage. With all the required permits already obtained and construction all underway, investors have the chance to secure the industrial unit prior to completion.

Bathurst Park is an architecturally designed estate, providing superior on-site amenities and facilities. Boasting convenient access to nearby major roads and public routes, extensive landscaping, modern industrial and commercial spaces plus ample on-site parking.

Bathurst Park is a premium estate for business operators looking for premium warehouse or storage facilities. Sizes range from 243 square metres to 280 square metres.

Intelligently designed with dual street access, units that include drive through warehouses and units that include 50 plus square metres of private gated rear yards.

The estate is in largest settlement in the Sunraysia Region with a population of 55,937 that is projected to grow by 17.1% to 65,500 residents by 2036.

Major townships within the urban area include Mildura, Irymple, Red Cliffs and Merbein. Key economic advantages its proximity to the Murray River, its diverse agricultural sector and its strategic location.

Ms Thomson, a former local, said Mildura has undergone incredible growth in recent years with the value of total building approvals increasing by over 64% in the last five years.

“Mildura will receive over $32.41 million in infrastructure projects as well as welcoming the completion of the Mildura Sporting Precinct upgrade which is valued at $40+ million,” she said.