Estate One - 81-125 Princess Highway,  Melbourne. Victoria 

Originally part of the GMH manufacturing plant developed in the 1950s, the site presently comprises three newer industrial buildings, a mix of some of the original GMH warehouses now leased to manufacturing and logistics type...

Originally part of the GMH manufacturing plant developed in the 1950s, the site presently comprises three newer industrial buildings, a mix of some of the original GMH warehouses now leased to manufacturing and logistics type industrial tenants and approximately 13 hectares of vacant land that fronts the Princess Highway.

Cbus Property acquired the site in late 2007 and intends to redevelop the estate, utilizing its attributes of unparalleled exposure, size, access and catchment as a premier business address due to its prime location on the intersection corner of the South Gippsland Freeway and Princess Highway in Dandenong South.

Estate One is planned to comprise of business uses including industrial, retail and commercial offices that will provide an exciting modern working environment for a range of prospective tenants who will be able to draw on the large range of growing local workforce and provide services to the rapidly increasing business and retail customer base.

Since acquisition, Cbus Property has worked to improve existing conditions on the site. During this time, master planning and concept design for the redevelopment of the estate has progressed in preparation for application for the required planning approvals for the proposed new development areas.

 

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Property Details: Minimize
Address
81-125 Princes Highway,
Dandenong, VIC
 
Market Sectors
Industrial, Commercial & Retail
 
Scale
46 Hectares including existing
buildings and vacant land for
development
 
Current Tenants
Toll Logistics, Linfox International,
Ausco Modular, Panasonic, CEVA 
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Testimonial Minimize

”With the planning process in action and the conceptual master plan for redevelopment finalised, marketing and site improvements will continue in 2009 with the aim of securing tenant pre-commitments and commencing construction of the first new buildings on the estate."

Andrew Pitchford,
Senior Development Manager,
Cbus Property

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