Global manufacturer’s first production facility outside of Germany sold by Colliers International
Colliers International’s Gordon Code and James Stott have facilitated the sale of the 6.254ha site at 54 Southern Road in Mentone with Colliers International’s Danny Green acting for the vendor, HELLA Australia.
“The site is highly significant in the bayside industrial market as it is the largest infill industrial zoned land parcel to change hands in this area in the last 30 years,” Mr Code said. “We received an outstanding level of enquiry from a range of buyers – including landbankers, residential developers seeking land for potential re-zoning and dedicated industrial developers – given the scarcity of zoned industrial land in the broader south-east market.”
Mr Stott said that around 220 information memorandums were distributed throughout the sales campaign, demonstrating the depth of demand for substantial, quality develpment stes in the south east.
HELLA is a global organisation based in Germany, with sales circa $11billion and more than 40,000 staff across 125 locations in more than 35 countries.
HELLA Australia has owned and occupied the Southern Road site since 1961, celebrating the 50 year anniversary of its premises in 2011. The property was HELLA’s first production facility outside of Germany and, at its peak, was home to more than 1,100 people on site.
“Unfortunately, HELLA’s production ceased on Australian soil on July 31, 2018,” Darren Robinson, HELLA Australia Managing Director, said. “This followed significant shifts in the local vehicle manufacturing landscape which ultimately prompted the re-evaluation of the business’ needs and strategic focus, a challenge faced by so many organisations in the motor industry supply chain including major manufacturers Holden, Toyota and Ford who have all shut down manufacturing operations here.”
The management and staff at HELLA will relocate in September to a new energy efficient, state-of-the-art, purpose-built 8,000sqm warehouse and office at Goodman’s Chifley industrial precinct around the corner in Lower Dandenong Road.
Mr Robinson said the commitment to new premises marked a significant investment in Australia for HELLA, with an additional focus on providing world class customer service and support for a wide range of customers including passenger car and commercial vehicle wholesalers, and specialists and producers across Mining, Marine, Agriculture, Construction and Leisure industries.
“We are excited to continue as a leading product and solution provider in the Australian market,” he said. “We remain committed to delivering high quality innovative products and service to an ever-changing industry.”
Mr Green said HELLA’s commitment to its new facility was evidence of the company’s positive outlook about the future and the growth potential of the Australian market place.