Nissan selling Melbourne headquarters
![Nissan is selling its Melbourne base.](https://www.realcommercial.com.au/news/wp-content/uploads/2017/04/NISSAN.jpg)
Japanase car manufacturer Nissan is selling its Melbourne headquarters after outgrowing the 11ha property in Dandenong South.
The Frankston-Dandenong Rd property houses the carmaker’s corporate office and warehousing operations has been placed on the market with Nissan reportedly outgrowing the site.
Spread over two titles, the property comprises a 2.68ha corner site that houses Nissan’s two-storey office, which has 4846sqm of lettable area, while the neighbouring site at 8-22 Quality Drive is home to three warehouses totalling 27,584sqm.
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The warehouses also take in a self-contained training centre with an automotive workshop, spanning 2418sqm.
CBRE’s David Aiello and Stephen Adgemis have been appointed to sell the property on behalf of Nissan.
![Nissan Dandenong South industrial warehouse office](https://www.realcommercial.com.au/blog/wp-content/uploads/2017/04/NISSAN-2.jpg)
Nissan’s property takes in two neighbouring sites in Dandenong South.
Adgemis says there is scope to use more of the property’s land, with Nissan currently utilising little more than a quarter.
“This substantial property offers the largest brownfield opportunity currently on offer in Melbourne’s south-east industrial market – a sector starved of serviced development sites, as well as owner occupier options over five hectares,” he says.
“With only 28% of the site utilised in its current form, there is a huge opportunity to further capitalise on its position through value-add or expansion possibilities.”
The property, which lies 5km south of the Dandenong CBD, is for sale through expressions of interest, which close on June 1.