Case Study: 103 Assembly Drive, Dandenong South
Colossal Warehouse Redevelopment
Unrivalled in quality, location and flexibility - leased at market rate
Set within the heart of Estate One Business Park
Leased to a growing importer of a variety of household consumable goods, this brilliant, presented office/warehouse set on 2.61ha was let 12 weeks after completion.
Offering 13 metre clearance, loading docks, multiple roller doors, and a super awning all adjacent to the South Gippsland Freeway, this property had many enquiries over the duration of the campaign. The landlord was able to secure a lease at market rental rates with less than a 5% incentive.
LEASED
$1,899,720pa + GST
Lease
01/03/2025
48 enquiries
Melbourne’s south-east industrial market is characterised by tight vacancy rates of only 1.35%, driven by limited land supply and a weak speculative pipeline. These factors have maintained stable rental growth. The demand for premium industrial facilities remains robust, and securing built-form opportunities in such a fully developed precinct is increasingly challenging.
103 Assembly Drive, Dandenong South
Offered a premium Commercial 2 land holding of 26,100m² and is set to comprise an impressive building area of 15,831m².
Construction completed by Vaughan Constructions in August 2024, the property features a substantial 15,205m² warehouse with a 10.5m height, a super canopy of 2,563m², a canopy of 181m², a two-level office of 611m², plus four recessed loading docks. This formidable site is an ideal hub for various uses, including logistics, warehouse/distribution and manufacturing.
Set on Dandenong South’s border, this prime property benefits greatly from its position. It sits directly next to the South Gippsland Freeway and has excellent exposure from the Pakenham train line. This incredible site also boasts proximity to major road arterials, including Western Port Highway, Princes Highway, the South Gippsland Freeway and the Monash Freeway.
In the heart of the well-established Estate One Business Park, the expansive property neighbours well-established retailers such as Bunnings, Woolworths, BWS, CEVA Logistics, Carl’s Jnr, Garden City Plastics and Holden Service Parts Operations (HSPO).
