Cadence Property Group secured the pre-lease with Visa Global Logistics earlier this year on a 10 year deal with completion scheduled for March 2016.
Director of Cadence Property Group, Mr Charlie Buxton, is excited to see the delivery of the facility stating “This is a true transport facility with over 13,500m2 of 125 tonne container rated hardstand and circa 5,000m2 of warehouse and office. The access to the CBD and Port of Melbourne, and frontage to the extra-wide Toll Drive was a massive drawcard for Visa Global”.
The location sells itself according to Mr Buxton. “The proximity to the Port and major arterials, when compared to the newer estates further out in the west, is a no-brainer for transport and logistics groups that need to travel to and from the port regularly.”
Cadence acquired the portfolio of 5 lots in Toll Drive earlier this year and will be formally releasing the remaining two vacant serviced lots early in 2016. Get in touch with Cadence to find out more about prelease, land and building, or land sales opportunities in this unrivalled logistics hub.