This 31ha super prime industrial land is strategically located in the heart of Melbourne’s core industrial market, benefiting from proximity to key freeway networks and major transport routes. The site sits within a thriving industrial precinct, surrounded by a diverse range of high-demand industrial uses, including data centres, logistics operators, storage facilities, and large-scale warehouses.
Development Vision and Progress
Currently utilised for car storage, the site offers a significant opportunity to unlock over 140,000sqm of industrial floor space, catering to Melbourne’s growing need for premium industrial real estate.
CVC is taking proactive steps to enhance the property before settlement in 2026, ensuring that it is well-positioned to meet the future demand for modern industrial spaces. The site’s location and scale offer substantial potential for long-term value creation, making it a key asset in Melbourne's industrial landscape. Acquired in 2024, CVC holds a 70% stake in this high-value development project, positioning the company for strong returns as the industrial market continues to grow.
Project Outline
Investment Period
2 years
GRV
$129.7 million
Project Scale
140,000sqm
Status
Currently built
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