Industrial & Logistics

427-451 Somerville Road

Address

427-451 Somerville Rd
Tottenham VIC 3012

Project Details

  • Sector: Industrial & Logistics
  • Strategy: Develop to Sell
  • Vehicle: Private Partnership
  • Status: Complete

Building Area

9,310 sqm

Site Area

14.3 ha

Overview

427-451 Somerville Road is a logistics development in Tottenham, 5km from the Port of Melbourne, with excellent freight and rail access. Cadence partnered with Aliro Group to deliver new high-quality warehousing to meet growing e-commerce and logistics demand.

Initially planned as an industrial subdivision, Cadence pivoted to a built-form solution to capitalise on increasing demand for last-mile logistics. Partnering with Aliro Group, Cadence developed three new warehouses alongside two existing tenancies. The project was delivered to institutional-grade standards and fully acquired by Aliro for their Industrial Value Fund, with settlement completed in July 2021.

Location

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427-451 Somerville Rd, Tottenham, VIC 3012