Springvale Business Park a hot commodity for owner-occupiers

SPRINGVALE Business Park has proved to be a real hit with owner-occupiers as stage one(pictured above) sold out prior to settlement – with stage two(rendered picture below) completely sold out well ahead of schedule.

Springvale Business Park represents a new level of industrial warehouses for business and personal use for Melbourne – delivered by Ledlin Developments.

“Stage two has completely sold out prior to construction commencing – that gives you an idea of how popular they have been,” said Ray White Commercial Oakleigh Sales and Leasing Agent Theo Karkanis.

“Stage one offered investors and owner-occupiers the chance to surround themselves with complementing businesses likee IKEA, Bunnings, the Springvale Homemaker Centre and M-City.

“Stage two – known as Spring Boulevard – presents a new benchmark for design and quality of industrial warehouses in Melbourne.

“In a market starved of opportunities for small business premises, stage two units range from 88sq m* to 198sq m*, and provide extensive flexibility for any owner occupier or investor.

“What’s particularly interesting is the fact that 85 percent of all units purchased so far have been snapped up by owner-occupiers. That’s testament to what these units in this location can offer businesses.

“We have some stage one options currently for lease, and have sold through stage two well ahead of schedule, so we’re very excited to see the development come to life in the coming days as settlements take place for stage one and businesses start to move in.

“Stage three is also in the process of being drawn up, so we encourage anyone who has missed out on either stage one or stage two, to come forward and express their interest as soon as possible so they don’t miss out.”

*Approximately.