Located at 21-23 Wirraway Drive, Port Melbourne, the property is being offered for lease by Tom Molinaro and Jessica Magree of Cushman & Wakefield, together with Chris Chartres and Ben Hackworthy of Lemon Baxter, on behalf of Urban Logistics Co and Wentworth.
Available now and ready for immediate occupation, the facility provides a unique opportunity for occupiers seeking scale, flexibility and connectivity within Melbourne's premier industrial and logistics precinct.
The property comprises 7,127 sqm including 2,540 sqm of fitted corporate office space, 1,830 sqm of high-clearance warehousing and 2,756 sqm of climate-controlled operational space, making it suitable for a broad range of occupiers spanning logistics, life sciences, automotive, pharmaceuticals, advanced manufacturing and corporate headquarters users.
Cushman & Wakefield Associate Director, Brokerage, Logistics & Industrial, VIC North West, Tom Molinaro said the property's scarcity and versatility would appeal to a wide range of occupiers seeking a foothold in Port Melbourne.
"Standalone facilities of this scale and quality are exceptionally scarce in Port Melbourne," Mr Molinaro said.
"What really sets this property apart is its versatility. The combination of immediate availability, significant power capacity, premium corporate office accommodation and a variety of warehouse and operational space gives occupiers the ultimate flexibility to configure the facility around their own business.”
The property is supported by strong underlying infrastructure, including high-clearance warehousing, substantial power supply of 1600 amps, extensive loading capabilities and generous on-site parking. Combined with its strategic location, the asset presents an opportunity for businesses looking to consolidate operations or establish a headquarters facility close to Melbourne's CBD.
Cushman & Wakefield Executive Brokerage, Logistics & Industrial – Vic North West, Jessica Magree said immediate availability was another key point of difference.
"Occupiers today are looking for facilities that can support their business not just on day one, but well into the future.
"This property is ready for immediate occupation while still providing a genuine blank canvas. Rather than inheriting a highly specialised fit-out, an incoming tenant has the flexibility to tailor the office, warehouse and operational areas to suit their own requirements. That ability to move quickly without compromising on functionality is becoming increasingly important in today's market."
According to Lemon Baxter Director Chris Chartres, the property's flexibility broadens its appeal beyond traditional industrial users.
"This isn't a facility that's been designed around one specific use case," Mr Chartres said.
"The mix of office, showroom, warehouse and climate-controlled operational space means it can support a diverse range of businesses, from life sciences and pharmaceuticals through to advanced manufacturing, logistics and corporate headquarters. That level of flexibility significantly broadens the appeal of the asset."
Lemon Baxter Director Ben Hackworthy said opportunities like this rarely become available in the precinct.
Port Melbourne remains one of Melbourne's most tightly held industrial precincts, with very limited opportunities for new supply.
"Large standalone facilities of this calibre rarely become available, particularly those that can accommodate a broad range of industrial and corporate users. For occupiers looking to establish or expand their presence in this location, opportunities like this don't come around often."