Stock shortage to spur strong demand for northern industrial facilities

Limited industrial stock for sale in Melbourne’s northern market is expected to drive strong demand for the remaining office-warehouse facilities within the tightly held Northcorp Estate.

Colliers International’s Marco Sandrin and Brent Glassford have been appointed to sell or lease the facilities, which range from 2,894-6,050sqm.

Each facility comprised two levels of well-appointed office space with amenities, clearspan warehousing and multiple roller doors.

“This is an outstanding opportunity to purchase or lease a functional office warehouse facility in the tightly held Northcorp Estate,” Mr Glassford said.

“The location provides outstanding access to main arterial support networks including the Western Ring Road, Hume Highway, and Tullamarine Freeway.

“Sale stock is very tight within the northern market, so we anticipate these properties will be highly sought after.”

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