Mazda Australia has entered into a 10-year lease for a 37,235 sqm national parts and distribution facility Melbourne’s North.
The vehicle company is the first tenant of the estate that is expected to be completed by December this year.
The distribution facility comprises a 36,275 sqm warehouse, 960 sqm office and 140 car spaces.
Vinesh Bhindi, Mazda Australia Managing Director said the new National Parts Distribution Centre is the second major facility upgrade project following the new headquarters facility in Mulgrave that will open in 2021.
“This new National Parts Distribution Centre will allow our staff to continue to deliver industry-leading customer service through the timely and accurate distribution of vehicle parts in a safe, purpose-built environment,” Vinesh said.
4Ten Epping is Frasers Property Industrial’s newest estate that stretches across 63.4 hectares of land.
The industrial estate is estimated to have an end value of $306.5 million.
Three buildings will be developed at 4Ten Epping with a total gross land area of 39,020 sqm and approximate completed end value of $50 million
The new Mazda warehouse will have a springing height of 10 metres and a seven-tonne post loading, six roller shutter doors, six recessed loading docks, two separate 36-metre wide drive through awnings and full drive around access.
Neighbouring properties to Frasers Property Industrial’s 4Ten Epping include Melbourne’s Wholesale Fruit and Vegetable Market and large land occupiers such as Mainfreight, Mission Foods, Chemist Warehouse, Visy Australia, Coles, Bluestar Global Logistics, Linfox and Toll Group.