Undeveloped Keysborough precinct selling

Keysborough precinct

Colliers’ Sam Hibbins and Luke Lowden with Cameron’s Angus Clark and Henry Sayers have brought one of the last undeveloped serviced parcels of land within the sought-after Keysborough industrial precinct.

7 Aegean Court, Keysborough, comprises a 3631 sqm titled site that can be purchased as a whole, alternatively, as two separate lots on a proposed plan of subdivision. The current title lot is attached with a planning permit and working drawings for two adjoining office/warehouses.

Colliers’ Associate Director Sam Hibbins says the proposed lots are two of only nine untouched industrial lots left under 3500 sqm within Keysborough’s industrial precinct that have not yet been developed, presenting one of the last chances to acquire prime industrial land in the sought-after location.

“With planning permits in place, it’s an ideal opportunity for a savvy investor or owner occupier to immediately develop the site to capitalise on the strong industrial market with rapidly rising rents driven by extremely low vacancy rates, which are currently sitting around 0.38 per cent for office/warehouses sized 1000 sqm to 4000 sqm.”

7 Aegean Court is strategically positioned within the premier Keysborough Interlink Business Park – approximately 2km south of the EastLink (M3) and Greens Road diamond intersection – 36km from Melbourne CBD.

“Keysborough is considered the most sought-after industrial location within the broader Victorian South East industrial market due to its access to main arterials and modern corporate industrial presence,” explains Angus Clark, Director at Cameron.

“Generally, it achieves higher industrial rental rates than neighbouring Dandenong South, Braeside, or Hallam. Most of the office/warehouses within the immediate Keysborough precinct have been constructed within the past five years and are currently tenanted by major national occupiers including Nick Scali, Miele, Stanley Black & Decker, Rinnai, and ARB.”

The lot(s) at 7 Aegean Court, Keysborough, are offered for sale via Expressions of Interest closing Tuesday August 29 at 4pm (AEST).

For more information on Colliers, click here.

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