Press Release

New office warehouses in fast-growing Laverton North industrial precinct hit the market

Melbourne

May 5, 2025

Media Contact

Tina Liptai

Senior Communications Specialist, Australia

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Eight office warehouses, situated within the tightly held Patch Circuit precinct in the heart of Laverton North, have been listed for sale and lease.

Located at 13-27 Patch Circuit the units, ranging from 900sqm to 1,700sqm, are set to be completed by August 2025.

CBRE’s Cameron Giles and Lachlan May are the exclusive agents managing sales and leasing enquiries on behalf of Popular Constructions.

Mr Giles noted this was a great opportunity for owner occupiers, investors and prospective tenants alike to secure a place in one of the fastest growing industrial precincts in Victoria.

“Patch Circuit is one of the more premium estates in Laverton North, where we have successfully completed over twelve transactions over the past two years, achieving over $38m in sales for built form and land, along with over $1.2m in rent for over 8,000sqm,” Mr Giles said.

“This new development by Poplar Constructions meets demand in the market for premium assets of this size and offers businesses a fantastic opportunity to secure a prime location with the flexibility to choose the space that best suits their needs. The ability to combine units to create larger spaces further enhances the versatility of the project,” Mr Giles added.

Mr May said the strategic location of the units, just 350 meters from the West Gate Freeway, provides excellent connectivity and accessibility for businesses.

“The combination of modern facilities and prime location makes this development an ideal choice for businesses looking to expand or relocate. The estate is also zoned Industrial 2, which caters for a variety of heavy industrial uses, which is extremely hard to find in Victoria,” Mr May added.

 

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.