A blistering start at Alliance
The response to Alliance Business Park has been impressive with more than 50 per cent of lots already sold in stage one.
MAB Corporation launched the 64-hectare Epping development in late 2012 and has been overwhelmed by the response from the market.
MAB General Manager Commercial and Industrial Richard Johnston said businesses have acted quickly to secure land at the leading development.
“The sales rate highlights the growing demand for industrial land in the northern corridor,” said Mr Johnston. “There is definitely a shortage of prime land so lots are selling fast.”
The $80 million development has attracted strong interest from both developers and owner occupiers, including local businesses and the manufacturing sector.
“The location has huge appeal,” said Mr Johnston. “Alliance is located within the City of Whittlesea’s Cooper Street Employment Precinct, with Cooper Street, Epping Plaza and the Northern Hospital nearby.
“The new Wholesale Fruit, Vegetable and Flower market will be in close proximity so we are seeing strong enquiry from food wholesalers as well.”
MAB Corporation is also offering high flexibility with the size of lots available.
“The lots really do suit a wide range of businesses,” said Mr Johnston. “We are offering smaller lots right though to combining lots to meet the demands of larger operations.”
A total of 15 lots were released in stage one with eight already sold.
Lots range in size from 1,100m² to 6,044m² with the ability to cater for larger requirements of 25,000m² and above. Prices start at $297,000 plus GST.
Construction is expected to commence by May 2013 with the first stage completed by the end of 2013.
For further information contact Dean Hunt at CBRE on 0418 543 361 or Michael Green at Savills on 0419 380 315 or visit www.mab.0.efront.digital/alliance