Truganina

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Secon Freight Logistics (Secon), a leading transport company, have secured a 33,310 sqm facility in Truganina.
 Secon partnered with specialist property and supply chain firm, TM Insight, to secure the new Truganina facility.
The new building at 47-53 Foundation Road, Truganina was developed by Dexus and will be under a long-term lease term with Secon commencing July 2019.
This is the largest deal for an existing building in Victoria this year and comes after Secon’s recent commitment to a 21,000 sqm purpose-built logistics hub on 90,000 sqm of land in Truganina with Berton Investments.
The development features two warehouses with high internal clearance to maximise storage volume and multiple access points for vehicles. 
The two warehouses are 17,910 sqm and 15,400 sqm plus the site will also feature 6,000 sqm of super-canopy areas to protect the loading of vehicles.
Nathan Bingham, Director of Property at TM Insight says, “These recent commitments by Secon establish them as one of the largest occupiers of industrial space in Victoria, firmly cementing Secon’s position amongst the major players in the transport and logistics sector.”
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Secon make Victoria's largest industrial lease deal for an existing building in 2019

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EIG Developments has moved to affirm the security of deposits paid by buyers in the Elpis project at Truganina, in Melbourne’s west.
The company advised it had secured five buyers through informal referrals by Ausin Australia. 
"The funds obtained from these buyers are well-protected and safely held in Australia, in EIG’s solicitor’s trust fund," a spokesperson advised.
EIG Developments Australia categorically stated that the land packages purchased by these five buyers will proceed to settlement, without any disruption.
The suggestion of deposit tumult in projects across the east coast arose in a newspaper report by the Australian Financial Review.
As an Australian developer, EIG Developments Australia’s focus is on sales for the domestic market, EIG told Property Observer.
EIG was responding to news that <a href="https://www.urban.com.au/news/88045-chinese-property-deposit-funds-allegedly-misappropriated-in-ausin-china-collapse" target="_blank">the residential project marketer Ausin China has collapsed</a> leaving a trail of 100s of failed property settlements in Australia.
"Any informal connection with Ausin Australia has been discontinued," EIG added.
Ausin China sold off-the-plan apartments and houses to buyers in China, with an investigation now underway into the whereabouts of the deposits along with settlement monies.
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Ausin Australia, led by founder and chief executive Joseph Zaja, indicated on Friday there was evidence of fraud and the matter has been reported to the Australian police.
Last year new land estates within the Melbourne suburb of Truganina were identified as providing an affordable option for first home buyers, according to HTW’s Month in Review: March 2017. 
The median house sale price in January 2017 was $492,000 in Truganina. It is now <a href="https://www.urban.com.au/news/10564-truganina-vic" target="_blank">$541,000</a>.
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