Positioned in Melbourne’s rapidly expanding Western Corridor, this 80ha site is primed to become a major industrial hub. Strategically located along two key transport routes, it offers unparalleled accessibility to road, rail, and port infrastructure, making it an ideal destination for logistics, warehousing, and advanced manufacturing.
Development Vision and Progress
Designated as State Significant Industrial Land within the Derrimut Fields Precinct Structure Plan, this site is set to play a key role in Melbourne’s economic growth.
CVC is collaborating with the Victorian Planning Authority to progress planning, unlocking 330,000sqm of prime industrial floorspace. With an anticipated end value nearing $1 billion, the project will deliver world-class facilities, boosting employment and infrastructure investment.
Acquired in 2023 at a compelling purchase price, with extended settlement terms enabling completion in 2028. CVC’s 56.35% ownership cements its leadership in this major industrial transformation.
Project Outline
Investment Period
2 years
GRV
$1 billion
Project Scale
330,000sqm
Status
In Planning
Partners
The 5IFTH
Other Projects
Part of CVC Limited
AFSL 277740
CVC Property Group
Sydney Office
Suite 40.04, Level 40,
Governor Phillip Tower
1 Farrer Place,
Sydney NSW 2000
Melbourne Office
Level 7
11 Wilson Street
South Yarra
VIC 3141
Brisbane Office
Shop 6,
Ground Floor,
Port Office
39 Edward Street
Brisbane QLD 4000