The former Cadbury factory at 14-28 Ordish Road, Dandenong South is available for lease in one of Melbourne’s industrial “hot spots” via JLL’s Melbourne Industrial team.

Located near the diamond interchange of Greens & Eastlink, the area is regarded as the South-East's hotspot and one of Melbourne's best logistical locations.

The building is owned by CapitaLand Ascendas REIT which acquired the building in 2015.  

The former chocolate and Easter egg storage facility offers ambient temperatures of 14-17 degrees Celsius, suitable for food storage.

JLL Industrial and Logistics Senior Director – Victoria, Stephen Adgemis said the state-of-the-art facility has an asking rental of $205 sqm net or $5.78 million p.a.

He said Mondelez has relocated to a new 43,000 sqm fully automated facility in ESR Australia & New Zealand’s Palmers Logistics Estate

Mr Adgemis said he expected strong demand for the warehouse due to the tight rental market in Melbourne’s South-East.

The building offers

• 9.6 metre ridge height, 12.3 metre high peak height
• Complete drive around functionality
• Heavy vehicle weighbridge
• Two dispatch offices north and south
• Super awnings on northern and southern hardstand area
• 34 roller shutter doors
• Car park with separate entry and exit and 100 car spaces
• Sunken loading docks 12 on the north and ten on the south
• Two elevated docks with rapid doors on the south
• Substation on the southern boundary
• Dedicated truck parking on the northern side
• Guardhouse with boom gates, double lane entry, plus separate exit

JLL Research found the South-East Melbourne industrial markets recorded the strongest quarterly prime net face rental growth in 2Q24 of all JLL tracked markets nationally. Rents grew by 8.8% quarter-on-quarter bringing yearly growth to +27.6% year-on-year. 

JLL’s Director, Logistics & Industrial – Victoria, Lachlan Ferguson said Melbourne’s South-East is driven by a shortage of available space in the industrial property market. 

“Currently, the vacancy rate stands at 1.57% across the Eastern and South-Eastern markets, however, a substantial portion, 0.83% of the total vacancy, can be attributed to non-functional, secondary grade facilities. 

“With supply chains normalising and consumer spending dropping, occupiers are now reassessing their future inventory levels and industrial footprints. With most reverting to a 'just in time' model, occupier demand has shifted from existing vacancies to future speculative or prelease facilities that will allow them to reduce their footprints and take advantage of the operational efficiencies a new build offers,” he said.

Mr Ferguson said that low vacancy rates and a lack of future supply indicate that the South-East market will continue to experience rental growth in the coming years.  

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