The last seven lots of industrial zoned land in The Dilop at Epping Estate, 21km north of the Melbourne CBD, have been offered to market on behalf of industry-leading developer, Citinova, with Savills Australia and New Zealand appointed exclusive agents for the sale.

The lots, known as lot 22 & lot 33 to 38 at Dilop Drive, Epping range in size from 1,512 to 2,616 sqm, are zoned industrial 1 and come serviced with NBN, water and power on site.  

The estate has easy access to major arterials such as the Hume Freeway, Edgars Road, Metropolitan Ring Road and Western Ring Road and is home to a large number of amenities such as The Northern Hospital, Pacific Epping Shopping Centre, Costco and Mantra Hotel.

The local municipality is one of the fastest growing in Melbourne with Epping expected to capture an additional 45.25% in population growth in local users between now and 2041.

Anthony Cannizzaro, Director at Savills Australia and New Zealand said, “To find property this well located to major retail amenities and major arterials is hard to come by.” 

Speaking on the scarcity of offering, Mario Moscon, Director at Savills added “These allotments are the final blocks of land available in Epping. All surrounding land has been secured and built out by occupiers and developers.”

Arthur Vainbrant, Associate Director at Savills agreed, saying, “Based on current consumptions rates, Melbourne’s north only has a handful of years’ existing industrial land supply remaining. 

“Capitalising on the area’s recent and forecasted growth, as well as Epping’s easy access to major arterials and amenities, this is an unrivalled opportunity for owners and investors alike looking for a site ripe for development.”

Melbourne’s Northern Industrial Precinct has grown significantly for underlying rents and land values in recent years. Leasing activity in excess of 5,000sqm for the year to date has succeeded over 400,000sqm, a record high partially in thanks to Amazon which has pre-committed to the country’s largest warehouse in Craigieburn for 209,000sqm. 

These high activity levels are also, in part, due to current and planned major infrastructure upgrades such as the North-East Link and Beveridge Intermodal – all of which are driving industrial demand to the precinct.

To request further information please contact one of the marketing agents via the contact details below.