CBRE has been appointed to sell and lease a new $70 million business park in the technology hub of Victoria.
Uni Central at 19-53 Duerdin Street, Notting Hill is an exclusive two stage development comprising office, industrial and hi-tech.
Elise Betts, who has been appointed to lease the units in conjunction with fellow sales agent Bryce Pane, said the property is perfect for individual business occupancy, offering a range of building solutions to buy or lease with Stage 1 just completed and ready for occupation.
“There are many drawcards that are attracting investors, owner-occupiers and tenants to the business park,” Ms Betts said.
“The park offers quality construction and premium finishes, built by Bryson Group, a highly regarded and proven developer. Uni Central is in the technological precinct of Notting Hill and is built to an integrated masterplan, it also benefits from convenient access via major arterials.
Ms Betts said that 28 office suites ranging from 40sqm to 164sqm also form part of stage one, with approximately 65% presold.
“The attractive landscaping, cost-effective single storey buildings and the additional amenities of an on-site café and conference centre have been a significant draw card,” Ms Betts said.
Mr Pane said that hardware product merchandiser, Strikeforce, has pre-leased 800sqm of office and 500sqm of warehouse space in the recently completed stage one, with Mediquip, a medical equipment company, purchasing an off the plan turn-key solution.
The remaining office/warehouses in stage one are sized between 445sqm and 530sqm and comprise of 30% office and 70% warehouse.
Stage two is currently under construction and offers 12 office/warehouses ranging in size from 263sqm to 525sqm, they also have a 30/70 office to warehouse ratio.
“Owner occupiers, such as trades, import/exporters, e-commerce and design companies are likely to show the most interest in the units,” Mr Pane said.
Six hi-tech units with 60% office and 40% storage also form part of stage two aimed at attracting occupiers with a large work force who benefit from the close proximity to Monash University, CSIRO and the Synchrotron.
“Occupiers in the medical, computer, research, tech and communications industries are amongst the most likely end users,” Mr Pane added.
Stage two will also offer six larger office suites ranging from 257 to 732sqm – all to be delivered in Q2 2017.
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