Cold-storage/ temperature controlled areas
Suitable for low and high humidity storage
Drive around access
8m internal warehouse clearance
26 recessed loading docks
Dual level corporate grade offices and staff amenitiesCushman & Wakefield Logistics & Industrial are pleased to present the opportunity to acquire 333 Fitzgerald Road, Derrimut, a temperature controlled L&I facility in high conviction market & tightly held infill location.
Offered with vacant possession, the asset suits occupation or various value add outcomes to further capitalize on the underlying corner land parcel with only 42% site coverage and over 370m frontage to Fitzgerald Road & Fulton Drive.
Key Investment Highlights:
- Institutional Cold Store Facility – Temperature controlled facility with clearances between 6.5 and 8.5 metres. Layout features receiving & dispatch areas, various cool rooms, and supporting office.
- Central Corner Landholding – The asset is underpinned by a 3.64 hectare landholding, zoned IN2Z, with the low 42% site coverage ratio, providing potential for future expansion.
- Prominent Frontage & Access Points – Triple access points across 370m frontage to Fulton Drive & Fitzgerald Road provide drive around/through efficiencies & future functionality and configuration options.
- Underpinned by Land Value – The estimated land value forms approximately 100% of the asset’s investment value.
- Ultimate Flexibility – Offered with vacant possession the property is available for immediate repositioning, reconfiguration, refurbishment, redevelopment or occupation.
- Seamless Connectivity – 360 degree major road access via Western Ring Road (M80), West Gate Freeway / Princes Freeway (M1) and Western Freeway (M8).
- Replacement Cost Thesis – No competing vacancy in the West Cold Storage market, limited development land available in the short-term, and cold storage rental growth outperforming the wider industrial market, provide the backdrop for value appreciation of existing facilities.
- Scarce Infill Location – Located at the gateway of Gilbertson Industrial Estate, one of the premier Industrial estates with limited land availability and sustained occupier demand.
333 Fitzgerald Road, Derrimut is being offered for sale via an Expressions of Interest campaign closing Wednesday, 21 October 2026 at 4:00pm (AEDT).
For further information or to arrange an inspection please contact the exclusive marketing agents.
*All figures are approximate.
- Western Melbourne