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By Nick Wong | 23 January 2025

And Property Facilitates Record Breaking Double Deal

AND Property agents Ricardo Cappelletti, Ben Quennell and Joff Mithen have facilitated a rare ‘double deal’ whereby two owner occupiers have purchased each others facilities to meet their company’s requirements.The property at 9 Emcient Drive, Truganina was sold by M & L Holdings Group Limited, a company listed on the Hong Kong stock exchange. This transaction allowed M & L Holdings to acquire the buyer’s facility located at 41 Triholm Avenue, Laverton, which aligned perfectly with their requirements in Victoria.“The negotiations involved numerous moving parts to minimise potential business disruptions for both parties, as they aimed to relocate and operate from each other’s properties upon settlement,” stated Ricardo Cappelletti, Director at AND Property.The sales achieved record rates per square metre across the buildings for each respective property in their locations. Both properties featured distinctive improvements tailored to their new occupiers.“The properties included overhead gantry cranes, which are essential for the operations of both businesses. Finding existing properties for sale with cranes is quite challenging, which significantly contributed to our ability to facilitate this transaction,” added Ben Quennell, Associate Director at AND Property.Transaction Summary:Address: 9 Emcient Drive, TruganinaSite Area: 2,728m²Building Area: 1,757m²Asset Type: Industrial 1 Omce/warehouseSale Price: $6,000,000Building Rate: $3,415/m²Buyer Profile: Owner OccupierAddress: 41 Triholm Avenue, LavertonSite Area: 1,178m²Building Area: 891m²Asset Type: Industrial 3 Omce/warehouseSale Price: $2,750,000Building Rate: $3,086/m²Buyer Profile: Owner OccupierFor more information about AND Property and to learn more about this transaction, visit our website at andproperty.com.au or contact us [email protected]/ 03 8637 9990.Previous ArticleNext Article

The property at 9 Emcient Drive, Truganina was sold by M & L Holdings Group Limited, a company listed on the Hong Kong stock exchange. This transaction allowed M & L Holdings to acquire the buyer’s facility located at 41 Triholm Avenue, Laverton, which aligned perfectly with their requirements in Victoria.“The negotiations involved numerous moving parts to minimise potential business disruptions for both parties, as they aimed to relocate and operate from each other’s properties upon settlement,” stated Ricardo Cappelletti, Director at AND Property.The sales achieved record rates per square metre across the buildings for each respective property in their locations. Both properties featured distinctive improvements tailored to their new occupiers.“The properties included overhead gantry cranes, which are essential for the operations of both businesses. Finding existing properties for sale with cranes is quite challenging, which significantly contributed to our ability to facilitate this transaction,” added Ben Quennell, Associate Director at AND Property.Transaction Summary:Address: 9 Emcient Drive, TruganinaSite Area: 2,728m²Building Area: 1,757m²Asset Type: Industrial 1 Omce/warehouseSale Price: $6,000,000Building Rate: $3,415/m²Buyer Profile: Owner OccupierAddress: 41 Triholm Avenue, LavertonSite Area: 1,178m²Building Area: 891m²Asset Type: Industrial 3 Omce/warehouseSale Price: $2,750,000Building Rate: $3,086/m²Buyer Profile: Owner OccupierFor more information about AND Property and to learn more about this transaction, visit our website at andproperty.com.au or contact us [email protected]/ 03 8637 9990.Previous ArticleNext Article

“The negotiations involved numerous moving parts to minimise potential business disruptions for both parties, as they aimed to relocate and operate from each other’s properties upon settlement,” stated Ricardo Cappelletti, Director at AND Property.The sales achieved record rates per square metre across the buildings for each respective property in their locations. Both properties featured distinctive improvements tailored to their new occupiers.“The properties included overhead gantry cranes, which are essential for the operations of both businesses. Finding existing properties for sale with cranes is quite challenging, which significantly contributed to our ability to facilitate this transaction,” added Ben Quennell, Associate Director at AND Property.Transaction Summary:Address: 9 Emcient Drive, TruganinaSite Area: 2,728m²Building Area: 1,757m²Asset Type: Industrial 1 Omce/warehouseSale Price: $6,000,000Building Rate: $3,415/m²Buyer Profile: Owner OccupierAddress: 41 Triholm Avenue, LavertonSite Area: 1,178m²Building Area: 891m²Asset Type: Industrial 3 Omce/warehouseSale Price: $2,750,000Building Rate: $3,086/m²Buyer Profile: Owner OccupierFor more information about AND Property and to learn more about this transaction, visit our website at andproperty.com.au or contact us [email protected]/ 03 8637 9990.Previous ArticleNext Article

The sales achieved record rates per square metre across the buildings for each respective property in their locations. Both properties featured distinctive improvements tailored to their new occupiers.“The properties included overhead gantry cranes, which are essential for the operations of both businesses. Finding existing properties for sale with cranes is quite challenging, which significantly contributed to our ability to facilitate this transaction,” added Ben Quennell, Associate Director at AND Property.Transaction Summary:Address: 9 Emcient Drive, TruganinaSite Area: 2,728m²Building Area: 1,757m²Asset Type: Industrial 1 Omce/warehouseSale Price: $6,000,000Building Rate: $3,415/m²Buyer Profile: Owner OccupierAddress: 41 Triholm Avenue, LavertonSite Area: 1,178m²Building Area: 891m²Asset Type: Industrial 3 Omce/warehouseSale Price: $2,750,000Building Rate: $3,086/m²Buyer Profile: Owner OccupierFor more information about AND Property and to learn more about this transaction, visit our website at andproperty.com.au or contact us [email protected]/ 03 8637 9990.Previous ArticleNext Article

“The properties included overhead gantry cranes, which are essential for the operations of both businesses. Finding existing properties for sale with cranes is quite challenging, which significantly contributed to our ability to facilitate this transaction,” added Ben Quennell, Associate Director at AND Property.Transaction Summary:Address: 9 Emcient Drive, TruganinaSite Area: 2,728m²Building Area: 1,757m²Asset Type: Industrial 1 Omce/warehouseSale Price: $6,000,000Building Rate: $3,415/m²Buyer Profile: Owner OccupierAddress: 41 Triholm Avenue, LavertonSite Area: 1,178m²Building Area: 891m²Asset Type: Industrial 3 Omce/warehouseSale Price: $2,750,000Building Rate: $3,086/m²Buyer Profile: Owner OccupierFor more information about AND Property and to learn more about this transaction, visit our website at andproperty.com.au or contact us [email protected]/ 03 8637 9990.Previous ArticleNext Article

Address: 9 Emcient Drive, TruganinaSite Area: 2,728m²Building Area: 1,757m²Asset Type: Industrial 1 Omce/warehouseSale Price: $6,000,000Building Rate: $3,415/m²Buyer Profile: Owner OccupierAddress: 41 Triholm Avenue, LavertonSite Area: 1,178m²Building Area: 891m²Asset Type: Industrial 3 Omce/warehouseSale Price: $2,750,000Building Rate: $3,086/m²Buyer Profile: Owner OccupierFor more information about AND Property and to learn more about this transaction, visit our website at andproperty.com.au or contact us [email protected]/ 03 8637 9990.Previous ArticleNext Article

Building Area: 1,757m²Asset Type: Industrial 1 Omce/warehouseSale Price: $6,000,000Building Rate: $3,415/m²Buyer Profile: Owner OccupierAddress: 41 Triholm Avenue, LavertonSite Area: 1,178m²Building Area: 891m²Asset Type: Industrial 3 Omce/warehouseSale Price: $2,750,000Building Rate: $3,086/m²Buyer Profile: Owner OccupierFor more information about AND Property and to learn more about this transaction, visit our website at andproperty.com.au or contact us [email protected]/ 03 8637 9990.Previous ArticleNext Article

Asset Type: Industrial 1 Omce/warehouseSale Price: $6,000,000Building Rate: $3,415/m²Buyer Profile: Owner OccupierAddress: 41 Triholm Avenue, LavertonSite Area: 1,178m²Building Area: 891m²Asset Type: Industrial 3 Omce/warehouseSale Price: $2,750,000Building Rate: $3,086/m²Buyer Profile: Owner OccupierFor more information about AND Property and to learn more about this transaction, visit our website at andproperty.com.au or contact us [email protected]/ 03 8637 9990.Previous ArticleNext Article

Building Rate: $3,415/m²Buyer Profile: Owner OccupierAddress: 41 Triholm Avenue, LavertonSite Area: 1,178m²Building Area: 891m²Asset Type: Industrial 3 Omce/warehouseSale Price: $2,750,000Building Rate: $3,086/m²Buyer Profile: Owner OccupierFor more information about AND Property and to learn more about this transaction, visit our website at andproperty.com.au or contact us [email protected]/ 03 8637 9990.Previous ArticleNext Article

Buyer Profile: Owner OccupierAddress: 41 Triholm Avenue, LavertonSite Area: 1,178m²Building Area: 891m²Asset Type: Industrial 3 Omce/warehouseSale Price: $2,750,000Building Rate: $3,086/m²Buyer Profile: Owner OccupierFor more information about AND Property and to learn more about this transaction, visit our website at andproperty.com.au or contact us [email protected]/ 03 8637 9990.Previous ArticleNext Article

Address: 41 Triholm Avenue, LavertonSite Area: 1,178m²Building Area: 891m²Asset Type: Industrial 3 Omce/warehouseSale Price: $2,750,000Building Rate: $3,086/m²Buyer Profile: Owner OccupierFor more information about AND Property and to learn more about this transaction, visit our website at andproperty.com.au or contact us [email protected]/ 03 8637 9990.Previous ArticleNext Article

Building Area: 891m²Asset Type: Industrial 3 Omce/warehouseSale Price: $2,750,000Building Rate: $3,086/m²Buyer Profile: Owner OccupierFor more information about AND Property and to learn more about this transaction, visit our website at andproperty.com.au or contact us [email protected]/ 03 8637 9990.Previous ArticleNext Article

Asset Type: Industrial 3 Omce/warehouseSale Price: $2,750,000Building Rate: $3,086/m²Buyer Profile: Owner OccupierFor more information about AND Property and to learn more about this transaction, visit our website at andproperty.com.au or contact us [email protected]/ 03 8637 9990.Previous ArticleNext Article

Building Rate: $3,086/m²Buyer Profile: Owner OccupierFor more information about AND Property and to learn more about this transaction, visit our website at andproperty.com.au or contact us [email protected]/ 03 8637 9990.Previous ArticleNext Article

Buyer Profile: Owner OccupierFor more information about AND Property and to learn more about this transaction, visit our website at andproperty.com.au or contact us [email protected]/ 03 8637 9990.Previous ArticleNext Article

For more information about AND Property and to learn more about this transaction, visit our website at andproperty.com.au or contact us [email protected]/ 03 8637 9990.Previous ArticleNext Article

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Nick Wong

About the Author: Nick Wong

Nick forecasts industrial property trends with a focus on logistics, last-mile fulfilment, and zoning overlays. A former civil engineer and weekend bonsai enthusiast, he’s known for pragmatic, systems-driven thinking.