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Industry Business Hub – construction completed

Business Parks, Commercial

Industry Business Hub – construction completed

Offering high ceilings and access to the latest technology, Industry has been snapped up by owner-occupiers and tenants, particularly in the creative art and design fields, desperate for funky, flexible work space.

MAB’s General Manager Commercial & Industrial, Mr Richard Johnston said 65% of Stage One of the development had been committed prior to completion in March 2011.

“Industry is a rare project in today’s market and offers flexible workspace at an affordable price. There is very little of this product on the market and certainly nothing else planned in the near future.

“Industry is selling for $3500-$4000 sqm which is competitively priced against CBD product,” he said. As a result, many of the studios have been sold or leased to a range of photographers, graphic designers, IT businesses and men’s and ladies’ fashion businesses.

“An exciting project for MAB, Industry is one of the few multi-level workspace developments available in Melbourne and there is little stock forecast for the market in the future.”

Mr Johnston said Industry was flexible enough to offer studios up to 800 sqm for a single occupant.

For further information contact Andrew White
0403 581 424