Cushman & Wakefield and Colliers, as exclusive selling agents, are pleased to offer for sale via Expressions of Interest (EOI) 2507 Epping-Kilmore Road Wallan, a rare large-scale greenfield offering within Melbourne's rapidly expanding outer North industrial market, where land supply is diminishing, benefitting from significant capital and rental growth.
Underpinned by excellent exposure and scale, this exciting opportunity provides the following captivating features:
Substantial greenfield land holding of 65.38ha*
Potential to include the adjoining 50.74ha* parcel in the acquisition
Situated 5km* North from impending BIFT infrastructure
Preliminary BIFT terminal planned to be operational within 24 months, with the fully integrated terminal operational by 2028
Located within metro Melbourne Urban Growth Boundary, earmarked for future industrial development
Proximity to large residential catchments expected to continue experiencing significant population growth in short-medium term
Potential to unlock critical supply needed to support employment and supplement the growth of the Wallan catchment
Supreme transport linkages within immediate proximity to the Hume Freeway, connecting the precinct with core-North estates and within the recently announced Beveridge lntermodal Freight Terminal
Positioned on the eastern side of the Hume Freeway, the property is strategically located on the fringe of the Wallan residential catchments, offering excellent access and connectivity to major motorways and rail transport.
For Sale via EOI, Closing Wednesday 15 May 2024, 3.00pm (AEST)
For more information, please contact the below agents.
