Benjamin Millar
Melton is cementing its role as a key industrial hub with sales now under way in Melbourne’s newest industrial precinct.
Real estate and investment management firm JLL has been appointed to sell 26 premium industrial land allotments in the Melton Business Park at 3 Federation Drive in Melton, ranging from 907 to 2500 square metres per site.
JLL industrial and logistics director Danielle Tadi said Melton Business Park provides unparalleled connectivity along the neighbouring Melton and Western Freeways, allowing ease of movement around Victoria.
“Melton Business Park presents opportunity to purchasers and investors and promises to become a game changer in an already booming Victorian industrial market,” she said.
“The City of Melton is one of the fastest growing municipalities in Australia, and 3 Federation Drive is set to continue to capitalise on this growth in the coming years ahead with fully serviced land allotments that is set to become a first class industrial park.”
Melton has played a central role in Melbourne’s west recording an accelerating rate of take-up over the last decade, averaging about 76 hectares per annum over the past decade and 86.3 hectares per annum over the past five years.
Ms Tadi said Melton Business Park is within 20 minutes of 131,000 households holding around 373,800 people, with an estimated 8680 hectares of future residential development consisting of around 139,000 new lots still in the pipeline.
Expressions of interest for the lots in the Melton Business Park at 3 Federation Drive, Melton close at 3pm Wednesday, September 8.
