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Logistics and warehousing facility for sale in Victoria’s strongest performing industrial markets

A modern, multi-tenanted industrial property in Melbourne’s tightly-held airport precinct – one of Victoria’s strongest performing industrial markets - is up for sale.

2 mins read

The property at 1–3 Saligna Drive, Tullamarine is comprised of a 5,075sq m building area on a 9,062sq m site, presenting as a functional logistics and warehousing facility, with the flexibility to accommodate a single or multiple users.

The asset is anchored by Protecta Group Australia and Scott Automation & Robotics, two multi-national, industry-leading brands, and provides a passing rental of $751,903 per annum, with a WALE of 3.36 years.

It is being taken to the market via an Expressions of Interest campaign run by Knight Frank agents Daniel De Sanctis, Harley Bowen, Thomas Dodd and Elliot Ryan.

Features of the property include a 10.5m ridge height warehouse clearance, three on-grade roller doors, one recessed loading dock, five street crossovers, a 5m cantilevered canopy and 79 car spaces across both warehouses, supporting efficient logistics and warehousing operations.

Mr De Sanctis said the property represented an opportunity to acquire a significant landholding within one of Victoria’s strongest performing industrial markets.

“Tullamarine is a key logistics precinct due to its connectivity, and is highly sought after by occupiers and investors,” he said.

“Positioned minutes from Melbourne Airport, the property benefits from immediate access to key arterial road networks including the Tullamarine Freeway and Western Ring Road,” he said.

“This connectivity enables seamless access to Melbourne’s CBD, the northern and western industrial corridors, and the broader metropolitan freight network.

“The location is ideally suited to occupiers requiring efficient air freight capabilities, strong last-mile distribution reach and direct linkage to major transport infrastructure.”

Mr Bowen said: “The surrounding established industrial environment continues to attract leading logistics, freight forwarding and e-commerce users, further reinforcing Tullamarine as one of Melbourne’s most strategically important logistics hubs.

“We expect strong buyer interest for this asset given the location and market conditions.

“Melbourne’s industrial market continues to be underpinned by strong fundamentals, and remains one of the most resilient sectors nationally.”

The Expressions of Interest campaign for 1–3 Saligna Drive, Tullamarine will close at 4pm (AEST) on Thursday, June 4.

 See here

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