Issue 53 | The Property Development Review

Property Listings – VIC

32.45ha*

1520 THOMPSONS ROAD | CRANBOURNE EAST, VIC PRIME INDUSTRIAL DEVELOPMENT SITE

Expression of Interest closing 3pm (AEST) 11/07/2024

• Extremely rare opportunity to acquire an infill site of scale in Melbourne’s booming south-east growth corridor • Identified for future commercial uses within the most recent shareholder Croskell PSP update provided by theVPA • Irreplicable scale of 32.45ha* within the Croskell Precinct Structure Plan • Potential Net Developable Area of 19.47ha*

• Largely exhausted industrial supply throughout the entire south-east corridor • Benefits from significant service & infrastructure upgrades which have occurred in surrounding ongoing residential/industrial precincts • Potential to leverage from unprecedented occupier demand & record low vacancy rates in the south-east • Located 45km* south-east of Melbourne CBD

LAWD.com.au

*Approx

Peter Sagar 0414 843 854

Paul Callanan 0478 652 468

Henry Sayers 0412 318 813

62 – June / July 2024

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