Springvale Business Park stage two sold out prior to construction commencing
Springvale Business Park represents a new level of industrial warehouses for business and personal use for Melbourne, delivered by Ledlin Developments.
Springvale Business Park has been popular amongst owner-occupiers as stage one (pictured above) sold out prior to settlement and stage two (pictured below) completely sold out well ahead of schedule.
“Stage two has completely sold out prior to construction commencing – that gives you an idea of how popular they have been,” said Ray White agent Theo Karkanis.
“Stage one offered investors and owner-occupiers the chance to surround themselves with complementing businesses like IKEA, Bunnings, the Springvale Homemaker Centre and M-City."
Stage two is known as Spring Boulevard.
“In a market starved of opportunities for small business premises, stage two units range from 88sqm to 198sqm.
“What's particularly interesting is the fact that 85 percent of all units purchased so far have been snapped up by owner-occupiers.
“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," he said.