Industrial complex in Melbourne on sale through Savills for $20 million

Melbourne-based developer Tabak Group has listed a modern industrial complex in south-East Melbourne’s precinct of Dandenong with expectations of around $20 million.

Located within the sold out Dandenong Logis Estate, the 16,069 square metre industrial complex has access to Eastlink via Greens Road and the Dandenong Bypass.

The brand new complex comprises a 15,109 square metre high clearance warehouse and 960 square metres of corporate office space.

It is being sold through Savills’ Paul Jones sale via expressions of interest closing August 11.

The property is close to cafes, petrol stations and Dandenong Railway Station.

"We expect strong interest from companies upgrading their existing facility and looking to take advantage of the location, while investors will also be attracted to the underlying land value on one of Victoria’s most desirable estates,’’ Jones said.

Places Victoria’s 154 hectare, circa $500 million Logis Estate, which was created as Victoria’s first integrated eco-industrial business park, set records for the value of industrial land in Melbourne's south-east. It is now sold out, according to a media release.