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MAB commences construction on commercial office building in South Melbourne


MAB commences construction on commercial office building in South Melbourne

MAB Corporation (MAB) has commenced construction on Stage One of the Warehouse Studios at Industry Business Hub in Gladstone Street South Melbourne.

Stage 1 at Industry in South Melbourne offers a new concept to the commercial property market with brand new mixed-use warehouse studios available for under $200,000.

MAB has seen a trend in small businesses seeking to work in areas with a lifestyle component. Industry will offer people the opportunity to combine work and leisure time with South Melbourne’s lifestyle, entertainment and leisure destinations.

MAB’s General Manager Commercial & Industrial, Richard Johnston said, “This is the only new product available like this in South Melbourne. We have experienced strong demand as people look to upgrade from older obsolete premises into this brand new cutting edge space.”

Perfect for small to medium businesses, MAB offers studios from 45 sqm – 200 sqm perfect for showroom, storage, small industry and workspaces.

Mr Johnston commented, “With occupiers moving in by December 2010, curiosity has seen demand for this unique space surge. We have sold over 50% off the plan already.”

Industry Business Hub is located on the corner of Gladstone Street and Montague Street in South Melbourne. It is in easy reach of the CBD, Southbank, Docklands, Port Melbourne and is serviced by Melbourne’s public transport and major freeway networks.