Address available on request,
Truganina, VIC 3029

Presenting a prime street-facing warehouse located in at Bonview Circuit, Truganina. With a generous 339sqm of space, comprising 229sqm of ground floor area and an additional 110sqm mezzanine, this property offers an optimal layout for various commercial needs. Anticipated completion is between February and March, providing an excellent opportunity to prepare for occupancy or lease.

Key Features:
• Prime Location & Accessibility: Positioned within Truganina, a highly sought-after business precinct in Melbourne's thriving west. The property's street-facing orientation provides high visibility, ideal for businesses looking to make a strong impression.
• Strategic Growth Area: With 66% greater floorspace demand in Melbourne's West compared to other areas, Truganina meets the growing needs of businesses in the logistics and commercial sectors.
• Impressive Design & Layout: The 339sqm layout allows for versatile usage, with ample ground floor space and an elevated mezzanine to maximize functionality.
• Dedicated Parking: Includes 4 dedicated parking spaces, offering convenience for employees and clients alike.

Market Insights:
• Rising Rental Demand: Melbourne's West has seen a 14.8% average rental increase, outpacing other precincts.
• Population Surge: Wyndham's population is projected to grow by 75% by 2041 from 292,010 in 2021, which saw a 34.5% growth rate from 2016 to 2021.
• Local Workforce & Community: With 57% of workers in Wyndham also residing in the area, businesses here benefit from a well-connected, stable local workforce.
• Truganina's Rapid Growth: Truganina's population rose by 6.22% in the past year alone, reaching 37,972 as of June 2022, further emphasizing the area's expanding market potential.

Investment Potential:
This Truganina warehouse represents a secure, high-growth investment with the potential for solid returns and strong yields. Whether for direct business use or as an addition to an investment portfolio, this property is ideally positioned to capture the benefits of a thriving economic and demographic landscape in Melbourne's West.

For further information, please contact: Suren Babu on 0431 214 0...

Due Diligence Note: Prospective purchasers are advised to conduct their own investigations, including legal, financial, and commercial assessments, prior to committing to any transaction. For more information on due diligence, please visit the Consumer Affairs Victoria website.