A strong start at Alliance
Stage one at MAB’s new $80 million business park in Epping has been released to market, with four sales already secured.
MAB General Manager Commercial and Industrial Richard Johnston said Alliance Business Park will become a key industrial hub of the north, generating 4,000 new jobs.
Alliance is located within the Cooper Street Employment Precinct, with Cooper Street, Epping Plaza and the Northern Hospital nearby. In addition, the new Wholesale Fruit, Vegetable and Flower market is in close proximity.
“This is a fantastic opportunity to secure land at a prime location,” said Mr Johnston. “We expect demand to be high from established northern businesses in conjunction with those associated with the proposed, new Melbourne Wholesale Fruit and Vegetable Market.
“We anticipate stage one to sell out quickly due to the shortage of industrial land in the north.”
A total of 15 lots have been released in stage one, ranging in size from 1,000m² to 6,044m² with the ability to cater for larger requirements of 25,000m² and above. Prices start at $297,000.
“We are offering high flexibility with these lots to suit a wide range of businesses,” said Mr Johnston. “This includes the opportunity to combine lots to suit larger requirements.”
It is anticipated that construction will commence at the 62-hectare development in early 2013 with the first stage being completed by September.
“Now that the planning permit has been approved, we are working with the City of Whittlesea to commence work as soon as possible,” said Mr Johnston. “We are keen to welcome new businesses to the estate by the end of next year.
“Just 17 minutes from Melbourne Airport and 20 minutes from Melbourne Ports and CBD, the location is ideal,” said Mr Johnston.
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