Narre Warren Industrial for Lease and for Sale
Industrial property for sale in Narre Warren – a business and residential hub
Narre Warren is a well-established hub in Melbourne’s most populated municipality, the City of Casey. Home to more than 28,000 residents and connected to thousands more by the Monash Freeway, Princes Highway and railway station, Narre Warren offers a vast range of first-class facilities with unbeatable access to amenities.
With a growing population in the surrounding suburbs, Narre Warren is home to a large, readily available, and skilled workforce. Professional services and retail trade are the two most dominant industries in an area primed for business location and growth.
With forecasted greenfield opportunities across the City of Casey, Narre Warren is one suburb that has been slated for higher population growth. Forecasted higher density residential and town centre developments, particularly around the Narre Warren railway station, could see the population grow further than predicted, supplying a highly skilled workforce to the area.
If you’re a business looking to secure retail, industrial or office spaces in a hub of Melbourne’s South East, Narre Warren is the place to be.
Retail property for lease in one of Australia’s largest shopping hubs
Just 45 kilometres from Melbourne’s CBD and easily accessible via both Princes Highway and Monash Freeway, Narre Warren caters to a trade population of more than half a million residents from the surrounding suburbs.
Its shopping hub, Westfield’s Fountain Gate, is home to 440 speciality stores, including household names such as Myer, Kmart, Coles, Woolworths, ALDI, Target, Big W and even Apple. In 2018, Fountain Gate had a moving annual turnover of $1.053 billion, making it the second largest shopping centre in Victoria and the fourth largest in Australia overall.
This area provides extensive opportunities for businesses looking to buy or lease retail property in Melbourne’s South East and maximise on potential business from both local and visiting residents and workers. We predominantly see opportunity in the adjacent streets such as Victor Crescent & Webb Street where private enterprise continues to thrive.
New warehouses and office spaces on the horizon
Narre Warren is already home to first-class facilities in Melbourne’s South East, with more construction and spaces slated for the future. The location of Mercedes Benz and the construction of a new BMW dealership are just one example of the growing wealth in the area, and the confidence that companies have in Narre Warren’s future.
Victor Crescent is already home to high quality corporate offices, showrooms, and some medical property. Businesses looking for new warehousing spaces in Narre Warren should also keep an eye on the 15 new office and warehousing spaces nearly completed in Victor Crescent. As the only warehousing and combined office spaces in the area, these will be the only new warehouses in Narre Warren and will offer businesses a prime position to combine their workforces in brand new facilities.
The Cube office series also offers unmatched commercial property opportunities, with CubeOne already providing a diverse design and flexible facilities to the area. The planned construction of CubeTwo will only provide further opportunities in an area quickly becoming its own independent micro-economy.
While office and retail spaces are ample, factory spaces in Narre Warren are limited. However, the nearby suburbs of Hallam and Dandenong offer prime opportunities for renting or purchasing factories within an easy commute to retail or office spaces.
Commercial property management in Narre Warren
The industrial commercial team at Facey has been working in Melbourne’s South East for more than three decades and has already established long-standing relationships in Narre Warren. Our specialists can connect you with ample opportunities in this area, whether you are looking for warehouses, shops, offices, or other industrial property for rent or for sale. There are even some rare land opportunities for development as well as opportunities for re-development in older areas, as more modern facilities provide competitive development opportunities.
Find out how the team at Facey can maximise on your business potential with existing and future commercial property opportunities across in Narre Warren. Contact us online or give us a call on 03 9701 4455.