The 18,815sqm property comprises two high clearance warehouses with an interconnecting canopy.
Lease rates in the inner west typically range between $75-$85 per sqm.
Located within GPT’s Citiwest Industrial Estate, the property offers excellent access to the Melbourne CBD, Port of Melbourne and Melbourne Airport and is situated in close proximity major arterial routes including the Westgate Freeway, Citylink, Princess Freeway and Western Ring Road.
Mr Kalaitzis noted; “The Western industrial market is experiencing low levels of vacancy, the determining factors in this deal were the location and exposure offered by the site.”
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