The 4th quarter of 2018 has seen the sell-out of one of our boutique developments, Park Lane. Positioned on Whiteside Road,Clayton South, this quality development has been secured by mainly owner occupiers with only one building available for lease.
Construction has well and truly started at Axis Melbourne in Logis Estate, with concrete panels now appearing on site, thedevelopmentis starting to really take shape. A number of units were secured in the latter part of the year and the price point is now starting from $467,250.
M-INC Moorabbin, on Cochranes Road is estimated to be completed in April, 2019 and only 5 buildings remain being offered on the market for sale or lease. A strata office of 228sqm and 4 warehouses from 289sqm to 717sqm.
Industria Knoxfield leasing interest has peaked with a record number of leasing transactions prior to the Christmas break. We now only 6 buildings left for lease starting at 103sqm up to 626sqm.
Aero Business Park in Cheltenham, right next door to the airport, has been flying along with 70% committed and a significant amount of enquiry. Warehouse sizing range from 149sqm to 218sqm with prices starting from $22,350 pa net.
Keylink has just one remaining unit of 263sqm with an asking price of $615,000 and also some availability in the complex to lease, with rentals commencing from $34,000 per annum.
Indian Drive Business Park has now completely leased out with the
final unit being secured just into the new year.
Stay tuned for some exciting upcoming developments.