Colliers Industrial & Logistics team is pleased to announce the successful sale of 9 Quality Drive, Dandenong South, through an off-market campaign managed by Colliers Gordon Code, James Stott, and Daniel Telling. 

The modern freestanding office/warehouse facility was sold to an owner-occupier for $13,712,500, representing a land value rate of $1,180/sqm. Well-equipped with infrastructure, including a natural gas connection and high power supply, the 4,964 sqm facility is highly appealing to a broad range of  manufacturing and warehousing occupiers sitting on a large 11,616 sqm site.  

The property is located on the northern side of Quality Drive, which provides easy access to major  transport links such as Greens Road, Eastlink (M3), South Gippsland Freeway (M420), Monash Freeway (M1), Melbourne CBD, Melbourne Port, and Melbourne Airport. 

James Stott, National Director | Industrial & Logistics said, "Melbourne's South East has recorded  significant growth over the past five years, underpinned by heightened levels of occupier demand, facilitating new supply and market expansion.  

"The area is considered one of the country's most tightly held industrial markets, supported by its  proximity to a large and growing population, access to key infrastructure, and diminishing land  availability." 

Dandenong South is one of Australia's most established industrial precincts. It has a rich history in  manufacturing and logistics due to its proximity to Melbourne's original south-east growth corridor  and a well-established and skilled workforce. Recent infrastructure upgrades, including the Pound  Road West upgrade, have enhanced the area's connectivity, reducing travel times to and from the  property. 

Gordon Code, National Director | Industrial & Logistics added, "Opportunities to own manufacturing  facilities in the core Victorian South East are scarce, particularly those on low site coverage like 9  Quality Drive. Despite running an off-market campaign, we received interest from numerous  occupiers, leading to a fantastic result for the vendor." 

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