Strong owner-occupier demand continues in Melbourne’s southeast as Grove Group acquires site in South Point business parkA significant off-market industrial transaction has been finalised in Melbourne’s southeast growth corridor, with Grove Group Pty Ltd acquiring a circa 2.4-hectare site in Officer South for $12.7 million.The land parcel at Lot 7, 330 Cardinia Road, is located within the South Point business park, developed by Cadence Property Group. The transaction was brokered off-market by JLL’s Ned Murphy, Lachlan Ferguson, and Stephen Adgemis.Grove Group, a local owner-occupier, secured the site to accommodate rapid growth in its operations.Mr Murphy said the sale reflects a broader trend of local businesses actively pursuing quality industrial land to future-proof their footprint in the area.“This sale highlights the ongoing demand for premium industrial land in Melbourne’s southeast, particularly from owner-occupiers responding to sustained business growth,” he said“South Point business park continues to attract strong interest from businesses looking to capitalise on the precinct’s strategic location, quality infrastructure, and proximity to key transport links.“Increased enquiry levels from manufacturing occupiers also suggest a growing demand for tailored industrial spaces, focused on onshoring more resilient and competitive manufacturing capabilities.”Previous ArticleNext Article
A significant off-market industrial transaction has been finalised in Melbourne’s southeast growth corridor, with Grove Group Pty Ltd acquiring a circa 2.4-hectare site in Officer South for $12.7 million.The land parcel at Lot 7, 330 Cardinia Road, is located within the South Point business park, developed by Cadence Property Group. The transaction was brokered off-market by JLL’s Ned Murphy, Lachlan Ferguson, and Stephen Adgemis.Grove Group, a local owner-occupier, secured the site to accommodate rapid growth in its operations.Mr Murphy said the sale reflects a broader trend of local businesses actively pursuing quality industrial land to future-proof their footprint in the area.“This sale highlights the ongoing demand for premium industrial land in Melbourne’s southeast, particularly from owner-occupiers responding to sustained business growth,” he said“South Point business park continues to attract strong interest from businesses looking to capitalise on the precinct’s strategic location, quality infrastructure, and proximity to key transport links.“Increased enquiry levels from manufacturing occupiers also suggest a growing demand for tailored industrial spaces, focused on onshoring more resilient and competitive manufacturing capabilities.”Previous ArticleNext Article
The land parcel at Lot 7, 330 Cardinia Road, is located within the South Point business park, developed by Cadence Property Group. The transaction was brokered off-market by JLL’s Ned Murphy, Lachlan Ferguson, and Stephen Adgemis.Grove Group, a local owner-occupier, secured the site to accommodate rapid growth in its operations.Mr Murphy said the sale reflects a broader trend of local businesses actively pursuing quality industrial land to future-proof their footprint in the area.“This sale highlights the ongoing demand for premium industrial land in Melbourne’s southeast, particularly from owner-occupiers responding to sustained business growth,” he said“South Point business park continues to attract strong interest from businesses looking to capitalise on the precinct’s strategic location, quality infrastructure, and proximity to key transport links.“Increased enquiry levels from manufacturing occupiers also suggest a growing demand for tailored industrial spaces, focused on onshoring more resilient and competitive manufacturing capabilities.”Previous ArticleNext Article
Grove Group, a local owner-occupier, secured the site to accommodate rapid growth in its operations.Mr Murphy said the sale reflects a broader trend of local businesses actively pursuing quality industrial land to future-proof their footprint in the area.“This sale highlights the ongoing demand for premium industrial land in Melbourne’s southeast, particularly from owner-occupiers responding to sustained business growth,” he said“South Point business park continues to attract strong interest from businesses looking to capitalise on the precinct’s strategic location, quality infrastructure, and proximity to key transport links.“Increased enquiry levels from manufacturing occupiers also suggest a growing demand for tailored industrial spaces, focused on onshoring more resilient and competitive manufacturing capabilities.”Previous ArticleNext Article
Mr Murphy said the sale reflects a broader trend of local businesses actively pursuing quality industrial land to future-proof their footprint in the area.“This sale highlights the ongoing demand for premium industrial land in Melbourne’s southeast, particularly from owner-occupiers responding to sustained business growth,” he said“South Point business park continues to attract strong interest from businesses looking to capitalise on the precinct’s strategic location, quality infrastructure, and proximity to key transport links.“Increased enquiry levels from manufacturing occupiers also suggest a growing demand for tailored industrial spaces, focused on onshoring more resilient and competitive manufacturing capabilities.”Previous ArticleNext Article
“This sale highlights the ongoing demand for premium industrial land in Melbourne’s southeast, particularly from owner-occupiers responding to sustained business growth,” he said“South Point business park continues to attract strong interest from businesses looking to capitalise on the precinct’s strategic location, quality infrastructure, and proximity to key transport links.“Increased enquiry levels from manufacturing occupiers also suggest a growing demand for tailored industrial spaces, focused on onshoring more resilient and competitive manufacturing capabilities.”Previous ArticleNext Article
“South Point business park continues to attract strong interest from businesses looking to capitalise on the precinct’s strategic location, quality infrastructure, and proximity to key transport links.“Increased enquiry levels from manufacturing occupiers also suggest a growing demand for tailored industrial spaces, focused on onshoring more resilient and competitive manufacturing capabilities.”Previous ArticleNext Article
“Increased enquiry levels from manufacturing occupiers also suggest a growing demand for tailored industrial spaces, focused on onshoring more resilient and competitive manufacturing capabilities.”Previous ArticleNext Article
