We have seen impressive progress across most of the developments this first quarter of 2019 with construction either completed or due to be completed by the end of the upcoming quarter.
Leasing transactions have been particularly strong with limited availability in our most established developments Park Lane and Industria Knoxfield.
We also have some exciting new developments in Keysborough and Cranbourne West with multiple options and sizes available.
With construction started, concrete panels up and some roofs on,
Axis, Melbourne is really starting to take shape and 50% of the units have already been sold. There is still availability across a variety of size options with pricing starting at $467,250.
There are only 5 units that remain at M-INC with competition due
within the next quarter. Options available for sale or lease from 228
sqm to 694 sqm.
We have been gaining more traction with leasing deals at Industria
Knoxfield since the occupation of Jetts Fitness and currently have
only 6 units left from 152 sqm to 313 sqm starting from $23,500 pa.
Aero Business Park has been a popular choice and is close to capacity with only 3 units remaining. Available spaces range from 177 sqm to 202 sqm and they start from $26,500 pa.
Keylink has just one remaining unit offered for sale with an area of
263 sqm and an asking price of $615,000. We also have 4 other units offered for lease with sizes ranging from 232 sqm to 407 sqm starting at $33,000 pa.
We introduce a new development at 65 Naxos Way, Keysborough
that comprises of 6 well-appointed office warehouses with high
quality finishes in a growing industrial precinct. On offer for sale or
lease, sizes range from 374 sqm to 615 sqm with prices starting from $46,750 pa.
Located within Thompsons Base Business Park at 11-15 Remount
Way, Cranbourne West we have a 13-unit development for sale
offering a mix of showroom warehouse and stores. High quality
design and construction by Corplex, there are multiple spaces
available ranging from 133 sqm to 354 sqm with prices starting from $266,000.
Stay tuned for some exciting upcoming developments.