Australand warehouse let to Blue Star Group

Australand warehouse let to Blue Star Group
Property ObserverMay 26, 2015

Print communications business Blue Star Group will consolidate three Melbourne offices to a single warehouse after signing a long term lease in the Melbourne south-eastern suburb of KEYSBOROUGH. 

The property, 70-86 Atlantic Drive, is part of Australand's Key Industrial Estate and was let on a long term lease of what is believed to be around $90 per square metre.

Savills Associate Director, Daniel Kelly, said access for staff was an important consideration for Blue Star Group when signing the lease.

"The tenant was in the market for a property which ticked all the boxes for a national manufacturing and distribution firm with a focus on ease of transport solutions and with the flexibility to grow the operation," Mr Kelly said.

"They were also attracted to the modern high-bay warehouse, on-grade loading and docks and ease of access to the CBD, docks and interstate via Melbourne’s freeway network."

The office and warehouse comprises a 6789 square metres. The high bay warehouse is 6452 square metres with the office space  sized 337square metres.

Editor's Picks

Why Danby Lane in Nundah is more than just a project for Gardner Vaughan Group: Five minutes with Sam Gardner
James Place to bring new life to Fortitude Valley’s James Street precinct
Tian An quickly sells 25% of apartments in North Village, Auburn, following successful launch
Infrastructure drives new momentum in Melbourne’s Sunshine Precinct
Gardner Vaughan plans Eden Caloundra launch after $19m site purchase