A rare opportunity has emerged with the release of one of Australia's largest Industrial 2  zoned properties, a sprawling 124-hectare (approximate) site at 359 Benalla-Yarrawonga  Road, Benalla. This expansive landholding presents a generational chance to develop or  occupy within a major regional industrial precinct strategically located along the Hume  Freeway. 

Positioned in the thriving regional centre of Benalla, this property offers exceptional connectivity and direct access to Melbourne, Sydney, and other key metropolitan areas.  This prime location, coupled with the property’s scale and Industrial 2 zoning, makes it an  ideal site for logistics, manufacturing, and large-scale industrial operations. 

Anthony Cannizzaro, Director, Industrial at Savills Australia and New Zealand emphasised the significance of this offering: “The scale of this property is truly unmatched  in the current market. It’s incredibly rare to find an Industrial 2 zoned site of this size,  particularly one that offers such strategic access to the Hume Freeway, making it an  invaluable asset for any business looking to capitalise on the growing demand for regional  industrial space.” 

Mario Moscon, Director, Industrial at Savills Australia and New Zealand highlighted the market trends driving interest in regional areas: “With industrial land prices in Melbourne  continuing to rise, many developers and occupiers are looking beyond the metro area to  regions like Benalla. This site offers the perfect combination of affordability, scale, and  connectivity, making it a compelling option for those seeking to establish or expand their  operations.” 

Arthur Vainbrant, Associate Director, Industrial at Savills Australia and New Zealand added: “E-commerce growth and regional population increases are further amplifying the  demand for well-located industrial land. This property in Benalla is ideally positioned to  serve both local and interstate markets, offering a unique opportunity to secure a strategic  foothold in Victoria's evolving industrial landscape.” 

The Benalla industrial precinct has experienced significant growth in recent years, driven by increasing demand for industrial space and the area's expanding infrastructure. With  major operators like LS Precast and ForestOne already established, and large-scale  renewable energy projects like West Mokoan Solar and Winton Solar Farm in the vicinity,  Benalla is poised to become an even more critical player in Victoria’s industrial sector. 

The property at 359 Benalla-Yarrawonga Road is being offered for sale via an On-Market Expressions of Interest campaign, closing on Wednesday, the 30th of October 2024, at 3  pm AEST. 

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