When long-time Ivanhoe locals Graeme and Catherine, decided it was time to downsize, they weren’t necessarily in a rush.&nbsp;

Like many in their stage of life, they had started thinking about apartment living, but anticipated making the shift in two to three years.

That timeline changed when they visited <a href="https://www.urban.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe">Candela</a>, a new boutique development by <a href="https://www.urban.com.au/developers/salter-brothers">Salter Brothers</a>. The project ticked all the boxes they were looking for: location, quality design, and long-term lifestyle benefits, which prompted them to bring their decision forward.

“It was the right place at the right time,” they said. “We knew immediately it ticked all the boxes, and we didn’t want to wait.”

[smartcode_project:default project_id=342 project_image_fid=358855]

Their decision to downsize was driven by a combination of practical needs and lifestyle considerations. Their existing home, while much loved, had become increasingly difficult to maintain. It spanned multiple levels, included extensive front and back gardens, and was starting to show the wear that comes with age.&nbsp;

They were looking for a more manageable lifestyle, one with less upkeep and more freedom. A brand-new apartment with no maintenance requirements and the ability to simply “lock up and leave” gave them peace of mind and a greater sense of control over their future.

Financially, the purchase made sense as well. The available stamp duty savings, strong price-to-value offering, and timing of the settlement suited their plans, making the transition smoother and more cost-effective. The apartment's design and inclusions further supported their choice.

[smartcode_project:default project_id=342 project_image_fid=357493]

The layout was both functional and flexible: three bedrooms, a butler’s pantry, a separate laundry, and a large open-plan living area. It gave them the freedom to host a family, accommodate guests, or set up a home office. The expansive balcony and elevated views added to the appeal, providing a sense of openness and connection to the outdoors.

“It just had a really good flow,” Catherine noted, something they found lacking in many other apartments they’d considered, particularly in the established market.

Candela’s boutique scale was another deciding factor. With a smaller number of residences and a top-floor penthouse position, the couple felt the development offered the privacy and space they were looking for, without feeling isolated.

“We liked that it wasn’t a huge development. It felt well-balanced, modern but still with a sense of community, not overwhelming,” they said.

[smartcode_project:default project_id=342 project_image_fid=357508]

Equally important was the ability to remain in Ivanhoe, a suburb they know well and have deep roots in. After 46 years in the area, proximity to local parks, shops, and familiar faces mattered just as much as the apartment itself.

“We didn’t want to give up the community we’ve known for decades. Candela allowed us to upgrade our lifestyle while staying in the place we call home.”

With a Walk Score of 90, the village location supports a convenient, connected lifestyle. <a href="https://www.apartments.com.au/developments/ivanhoe-vic-3079">Ivanhoe</a> Station is just a eight-minute walk away, and the neighbourhood offers access to parks, cafes, restaurants, and schools along Upper Heidelberg Road, all within easy reach.

Beyond the apartment, the couple also saw value in the broader vision for Candela, one that integrates residential living with public spaces and local amenities.&nbsp;

The development introduces 58 new apartments as well as a mix of commercial and social spaces that integrate contemporary architecture with the suburb’s existing character.&nbsp;

At ground level, residents will find a charming café and a lifestyle wellness centre, perfect for unwinding and rejuvenating. Meanwhile, the rooftop garden offers a stunning vantage point for residents to enjoy breathtaking sunsets, host gatherings, or enjoy barbecues with family and friends. It's not just a place to live; it's a vibrant community where every moment is an opportunity to connect and create lasting memories.

[smartcode_project_cta:default project_id=342]

Staff Writer

Why Ivanhoe locals are choosing to downsize to Candela

Mark and Roy Makari are expanding their presence in Sydney’s South West with a second major proposal for Leppington, this time envisioning a 900-dwelling mixed-use development just 850 metres from their previously lodged tower trio on Fifth Avenue.

Project management and construction management firm Creative Vision filed the plans for the&nbsp;multi-building project at <a href="https://www.apartments.com.au/new-apartments/230-rickard-road-leppington-nsw-2179">230 Rickard Road, Leppington</a>. The proposal seeks to establish a new focal point for the precinct through a high-density, transit-oriented development supported by diverse land uses.

According to the Scoping Report prepared for the Department of Planning, the scheme includes around 900 apartments across multiple towers, including 135 dwellings designated for affordable housing. A mix of market and subsidised apartments will be supported by ground-level activation through retail and office space, a childcare centre, and a hotel, forming a comprehensive urban precinct.

<img alt="Mixed Use Development 230 Rickard Rd Leppington" data-entity-type="file" data-entity-uuid="34797362-f3dc-4d84-8235-2657fc5f3bde" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Plan.png?VersionId=Uzckrz9tUpDQl5lX1_WMhjnv16bsr8wG" />

The Design Report by <a href="https://www.apartments.com.au/architects/studiosc-0">Studio SC</a> notes that the project “intends to deliver a high-quality, high-density built form that supports the vision for the Leppington Town Centre, integrating mixed-use outcomes and public domain upgrades.” The development is expected to be delivered in stages, although a precise timeline is yet to be confirmed.

The project will be assessed through a future State Significant Development Application, with the Scoping Report indicating the team will seek design excellence via a competitive process or through an expert design review panel. Early massing diagrams suggest a series of mid- to high-rise buildings framing a central landscaped spine, with emphasis on pedestrian permeability and public space.

The planning documentation flags a strong sustainability agenda, stating that the development will “respond to the urban heat island effect, incorporate water sensitive urban design, and prioritise active transport”.

<img alt="Mixed Use Development 230 Rickard Rd Leppington" data-entity-type="file" data-entity-uuid="369d7b54-1279-4cde-88ec-dcb215594414" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Podium_1.png?VersionId=QArL7B2kkLt63vl5xvL0FNV_ardAlez4" />

The proposal follows in the footsteps of the Makaris’ nearby Fifth Avenue site, where they’ve submitted plans for three towers comprising nearly 500 apartments, with 10 per cent dedicated to affordable housing. That project features commercial podiums, a childcare centre, and a new public park that would occupy more than a third of the site.

Both developments are situated within walking distance of Leppington Train Station and fall under strategic precinct plans promoting higher density housing. The town centre is undergoing substantial transformation, driven by state government planning reforms aimed at fast-tracking housing delivery.

Together, the two projects represent a combined ambition of nearly 1,400 new homes across just under two kilometres of central Leppington.

First look: 900-home mixed-use precinct planned for Leppington

Leading Australian integrated property development group, <a href="https://www.apartments.com.au/developers/aqualand-australia">Aqualand</a>, has released the signature penthouses crowning its landmark AURA by Aqualand precinct at 168 Walker Street in North Sydney, unveiling Il Magnate and La Divina as the largest and most luxurious penthouses in the suburb.

With prices anticipated to commence from $15 million, and each accompanied by a new Porsche Carrera 911 valued at over $500K, the residences mark the culmination of <a href="https://www.apartments.com.au/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a>’s decade-long journey and the beginning of its final sales chapter. 
&nbsp; 
Their release follows more than $850 million in record-breaking residential sales and the building’s completion and occupation.

[smartcode_project:default project_id=30959 project_image_fid=358868]

The Richards Stanisich-designed 284 sqm Il Magnate and 224 sqm La Divina penthouses, collectively known as The Icons of AURA, are conceived as grand luxury homes rather than apartments, with expansive proportions, elevated materiality and curated identities that reflect their status as one-off residences.&nbsp;

Il Magnate features a grande master suite, complete with substantial walk-in dressing area and ensuite, three other bedrooms, second ensuite and another bathroom, powder room, open plan kitchen, scullery, substantial dining area and generous living room divided by a feature fireplace, and a multifunction wintergarden, which is ideal for a study and adjoining office breakout space. &nbsp;

Meanwhile, the La Divina residence offers the same amenities, sans the powder room, on a slightly smaller alternate floor plan configuration.

[smartcode_project:default project_id=30959 project_image_fid=358863]

Each occupies half of AURA by Aqualand’s topmost 28th level, comes with four secure car spaces and pairs sweeping Sydney Harbour panoramas with large-scale living spaces, refined detailing and a level of craftsmanship and amenity rarely offered in the North Shore market.&nbsp;

Penthouse residents will also receive Etymon’s ‘Black Key’ private concierge and lifestyle management service, an invitation only offering providing the ultimate in bespoke personalisation, including a range of everyday discrete services, from dinner party management, grocery deliveries, pet feeding or plants watered, dinners, snacks and coffee deliveries, event ticket sourcing, right up to organising travel visas and international airfares. Rarely seen in Australian properties, the service provides residents the benefits of living in a world-class luxury hotel-style home, akin to The Ritz, or the Waldorf Astoria.

[smartcode_project:default project_id=30959 project_image_fid=358862]

<a href="https://www.apartments.com.au/interior-designers/richards-stanisich">Richards Stanisich</a>’s Director, Kirsten Stanisich, said the studio set out to craft residences that feel profoundly considered, contemporary and deeply connected to their setting.

“From the outset, we approached these penthouses with the sensibility of a grand Parisian residence - generous in scale, elegant in proportion and designed to feel more like a handcrafted home than an apartment," Stanisich said.

“Their elevated position and sweeping harbour outlook informed every decision, creating a rare connection between urban sophistication and natural calm. We shaped each space with expressive materiality, sculptural forms and bespoke detailing that invite touch and interaction.&nbsp;

“The result is a pair of residences defined by volume, light and an inherent softness - refined, flexible and deeply personal. These penthouses are unlike anything else in North Sydney, offering a sanctuary of true luxury framed by some of the city’s most remarkable views.”

For Aqualand’s Head of Sales &amp; Marketing, Alex Adams, the collaboration with Porsche underscores the shared ethos behind the residences.

“Aqualand’s collaboration with Porsche underpins both brand’s sharing an obsession with craftsmanship, design excellence, and enduring value," Adams said.

“Our penthouses are created for those who appreciate the finer details and expect the extraordinary at every touchpoint. Including a Porsche simply extends that experience beyond the residence - it’s a continuation of the lifestyle our buyers already live.”&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=292862]

Aqualand’s Managing Director, Jin Lin, said the penthouses represent both the pinnacle of AURA by Aqualand and an important design benchmark for the company’s future pipeline.&nbsp;

“These stunning penthouses reflect the purest expression of Aqualand’s design ambition," Lin said.

“The unparalleled design intent makes them not only the glistening crown of AURA by Aqualand, but the crown of North Sydney itself. They’re essentially a thank you gift to a burgeoning community that deserves this level of quality and architectural consideration.&nbsp;

“We’re leveraging the unrivalled standard set here as the foundation for what comes next, including our upcoming Anderson Street, Chatswood; 15 Blue Street, North Sydney and Central Barangaroo projects. Purchasers of these penthouses will essentially be living inside the blueprint of Aqualand’s future.

“These landmark residences demonstrate how far North Sydney has evolved and the strength of demand for highly curated, bespoke luxury homes. They’re more than penthouses, they’re legacy residences.&nbsp;

“With AURA by Aqualand now a thriving new precinct with residents well and truly settled, and our in-house world-class lifestyle amenity activated, Il Magnate and La Divina represent a once-in-a-lifetime opportunity to secure an extraordinary piece of North Sydney’s future.”

[smartcode_project_cta:default project_id=30959]

Joel Robinson

Aqualand launches North Sydney penthouses with free Porsche Carrera 911

<a href="https://www.apartments.com.au/developments/bokarina-qld-4575">Bokarina</a> Beach has quietly evolved into one of the Sunshine Coast’s most complete coastal lifestyle precincts, defined not just by proximity to the ocean, but by how residential living, local retail and everyday amenity are stitched together.&nbsp;

Gardner Vaughan Group’s <a href="https://www.apartments.com.au/new-apartments/bask-bokarina-38-bokarina-boulevard-bokarina-qld-4575">Bask Bokarina</a> now represents the final residential chapter in that transformation.

[smartcode_project:default project_id=141609 project_image_fid=333360]

Over recent years, the Bokarina Beach precinct has taken shape as a walkable, community-oriented neighbourhood, anchored by beachfront access, Lake Kawana to the west, and a growing mix of cafés, specialty retail and public open space.&nbsp;

With Zinc Bokarina already delivered next door by <a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> (GVG), Bask is the last opportunity to buy a brand new apartment within the precinct, effectively rounding out a fully formed coastal village.

GVG has positioned Bask to strengthen that lifestyle framework. Ten ground-floor retail spaces are planned beneath the residences, extending Bokarina Boulevard’s existing activity and reinforcing the area’s everyday convenience, from casual dining and coffee to local services, within a short walk of the beach.

[smartcode_project:default project_id=141609 project_image_fid=333359]

The residential component comprises 135 apartments across two buildings, Mydas and Caretta, with a clear shift toward larger three- and four-bedroom layouts and penthouses. That mix reflects a maturing buyer profile in Bokarina, where demand is increasingly led by owner-occupiers and active downsizers seeking space, permanence, and connection to place rather than short-term coastal accommodation.

Design and amenity have followed the same logic. Residents will have access to a heated plunge pool, gym, private dining room with a full kitchen, landscaped communal gardens with barbecues and a firepit, and a shared herb and vegetable garden, facilities intended to support daily use rather than resort-style turnover. Pet-friendly features, including a dog wash bay, acknowledge both buyer expectations and the area’s dog-friendly beach, located around 250 metres from the site.

[smartcode_project:default project_id=141609 project_image_fid=333366]

“Bokarina has become one of the Sunshine Coast’s most desirable beachside communities, and Bask represents the very last chance to buy new in this location,” GVG Director Sam Gardner said.&nbsp;

“Our focus has been to create spacious, functional apartments that meet the needs of locals who want to downsize without compromise, as well as those seeking a full-time coastal retreat.”

Positioned between the Pacific Ocean and Lake Kawana, Bask apartments have been oriented to capture outlooks toward the water or the Glass House Mountains, reinforcing the project’s connection to its natural surroundings. With parks, beachfront paths, hospitals, retail and public transport already in place, Bask arrives at a point where the broader precinct is no longer emerging, but established.

Construction is expected to complete in Q3 this year, with apartments ready to move into this Spring.

[smartcode_project_cta:default project_id=141609]

Bask to complete Bokarina’s Sunshine Coast lifestyle precinct as final apartments are released

Property development giant <a href="https://www.apartments.com.au/developers/avid-property-group">AVID Property Group</a> is approaching completion, and sell-out, of its Surry Hills apartment development, <a href="https://www.apartments.com.au/new-apartments/the-rathbone-23-47-flinders-street-surry-hills-nsw-2010">The Rathbone</a>.

The Flinders St project has sold well over half of its 32 apartments, which will sit above two retail spaces.

Now hitting the market are the final 14 one-, two-, and three-bedroom apartments, which start from $1.15 million. AVID is targeting a mid-2026 completion.

[smartcode_project:default project_id=5947 project_image_fid=51208]

AVID General Manager New South Wales Danny Boubli said as more apartments are introduced to increase housing options in inner-city areas, homebuyers are searching for a &nbsp;sense of belonging in addition to location, convenience and value.&nbsp;

“There are very few opportunities for new developments in Surry Hills, and since acquiring the site, we’ve even seen one early purchaser merge two apartments plans together, reflecting the demand for a spacious, premium offering in a prime location,” Boubli said.&nbsp;

“Demand has been strong since we launched to market – we don’t see these final apartments staying on the market for long.”&nbsp;

Architectural firm Studio SC has designed the building which pays homage to the former 1900s Rathbone Terraces that once sat on the 990 sqm island site.

Boubil said the team has made every effort to create "truly liveable apartments", through&nbsp;functional floor plans, security, storage, and the inclusion of quality fittings.

[smartcode_project:default project_id=5947 project_image_fid=51207]

&nbsp;

Sustainable design has also been implemented throughout the development, with natural light flooding each apartment, ventilation throughout, extensive landscaping and where possible, materials with a high level of recycled content and low volatile organic compound paints have been used. &nbsp;

Apartments range in size from 57 sqm for the one-bedrooms to the large-scale 165 sqm three-beds which are priced at $2,575,000.

[smartcode_project_cta:default project_id=5947]

AVID launches final apartments at The Rathbone, Surry Hills

Distribution Centre

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Nippon Express has committed to a 19,000 sqm purpose-built distribution centre at Boundary Estate in Laverton North, Melbourne. 
This will be a consolidation of Nippon Express’ existing sites at Tullamarine and Truganina and will accommodate forecast growth in the logistics consulting company’s operations over the coming years.
Nippon Express’ seven-year commitment to the new distribution centre was facilitated through Colliers International.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/11/11/Nippon_cam3_20190729a.jpg" alt="">
Colliers International Directors Hugh Gilbert and David Follacchio brokered the complex transaction, which involved the surrender of two existing leases, negotiation of the new lease as well as securing a sub-lease for Nippon Express while the new facility is being constructed.   
The new prime-grade distribution centre will be fully drive around with 13.7 m internal clearance height and a 30 m super awning. 
Nippon Express’ new Boundary Estate facility is due for completion in May 2020.
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Nippon Express commit to $30 million distribution centre in Melbourne

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Vaughan Constructions has won the contract to build Australia’s largest distribution centre for key German supermarket player Kaufland.
The Melbourne facility will have more than 117,000 sqm of building area and will be built over two stages.
Stage one will comprise 98,700 sqm of building area and 107,210 sqm of concrete hardstand, along with 168 recessed loading docks and substantial temperature control areas.
The facility has a total projected investment of $255 million and will create 600 new jobs in Mickleham, around 30 kilometres north of the Melbourne CBD.
"Kaufland were very mindful that the European climate, construction and building materials can be very different than those in Australia and were thus keen to partner with a builder with a sound track record in delivering quality facilities along with the requisite experience building state-of-the-art temperature control areas,’’ Vaughan’s senior development manager Chris Telley said.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/26/Kaufland%20Victoria%20.jpg" alt=""> Source: www.kaufland.com.au
He said a detailed Early Contractor Involvement (ECI) process had assisted in delivering substantial savings and design improvements for Kaufland.
"Our team worked very closely with the Kaufland team to overcome key supply chain issues and meet strict budget expectations.
"Through the ECI we were able to jointly explore a number of design options and put in place a detailed value management process,’’ Telley said.
The buildings will sit next to the Vaughan Constructions-built award-winning Dulux paint manufacturing facility next door.
Vaughan have previously built complexes for Aldi, Coca Cola, Coles, PFD, Kraft, Made Group, Ferguson Plarre, and Murray Goulburn.
In March Kaufland Australia announced the approval of it’s first three stores in Victoria in Dandenong, Epping and Chirnside Park.
Kaufland Australia has also received planning approval for two sites in South Australia.
 
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jrobinson-rf4aSBido9

Vaughan Constructions to build Australia’s largest distribution centre for German supermarket giant Kaufland

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Amazon has leased a 43,000sq m industrial facility in Sydney's Moorebank, at the Goodman Centenary Distribution Centre.
It is due to start operations in the second half of the year, Robert Bruce, Amazon Australia's operations director said.
"We are thrilled to be establishing our next fulfilment centre in Sydney and working with incredible people in the local community around Moorebank.
"Sydney represents another important development for our growth strategy in Australia, following a steady and progressive increase in customer demand," Robert Bruce said.
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<div>
"This new facility builds on the capabilities of our first centre in Dandenong South, allowing us to continue to fulfil our commitment to fast and reliable deliveries for Australian customers."
<div id="article-inline-ad">Amazon's Australian debut was in Melbourne's Dandenong South last year, securing a 24,387sq m former Bunnings distribution centre from Melbourne's Pellicano family.</div>
</div>
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The new Sydney warehouse would allow the company to speed up delivery to customers, Amazon said.
Liverpool Mayor Wendy Waller was pleased to welcome Amazon which employs around 1200 already in Australia.
“This is a great win for our local community; the Amazon facility will be a boon for South West Sydney and we look forward to having good jobs for people close to where they live and having a partner involved in the local community.”
 
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Amazon takes Moorebank warehouse space in first South West Sydney lease 

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Amazon's arrival in the Australian retail market has been pinpointed as likely given suggestions it has secured its first distribution centre in Melbourne's outer south eastern suburbs.
Amazon has agreed to lease the 24,387 square metre former Bunnings distribution centre at 29 National Drive in Dandenong (above) within the M2 Industry Park, owned by Melbourne's wealthy Pellicano family, according to the AFR.
The vacant A-Grade warehouse, which stands on a large 7.7 hectare site, could potentially be doubled in size to suit Amazon's needs. 
It has been available for lease since October 2014 with an asking rent of $75 per square metre (or $1.8 million per annum).
The online giant, founded by Jeff Bezos in 1994, has been scouting for logistics hubs in Sydney and Melbourne since revealing its ambitions earlier this year to offer it full retail offering in Australia,
In Sydney, it is understood there's a deal looming between Amazon and industrial developer Goodman Group on a large fulfillment facility in the west, rumoured to be the Oakdale Industrial Estate, on Old Wallgrove Road, at Eastern Creek. 
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Amazon secures first Aussie distribution centre

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Industrial property group Goodman Group has pre-leased an additional one million square feet of logistics space to Amazon at its Goodman Commerce Center Eastvale, California.
Sydney-based Goodman will build the logistics centre for Amazon. The US ecommerce giant is expected to move into the facility in 2018. 
The 205 acre mixed-use development will offer a variety of space options, including distribution, business park, retail and medical. 
Anthony Rozic, CEO of Goodman North America said: “Our e-commerce customers require modern, flexible design solutions that cater to their diverse operational needs. Our success is based on our understanding of these needs and our track record of on-time delivery to enable the successful execution of our customers' growth strategies.” 
Goodman’s network spans 16 countries and has more than $33 billion of assets under management. 
The Eastvale project is one of several in Goodman’s US$2.3 billion identified US development pipeline, which will provide 17.7 million square feet of Class A logistics space. 
Over the last 18 months, Goodman has completed 3.3 million square feet of Class A development product in the Inland Empire West and Greater Los Angeles logistics markets, with a further 2.6 million square feet currently under construction.  
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Goodman announces 1 million sqft lease with US Amazon

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Beaumont Tiles has opened a 13,000 sqm tile distribution centre at Rochedale in Brisbane’s south.
Beaumont has a 19-year lease on the Goodman’s Rochedale Motorway Estate (1 Brickworks Place), an industrial precinct. The facility is 60 percent larger than Beaumont's sites at Archerfield. The new facilities allow the retailer to run 16 hours a day.
The state-of-the-art 13,287 sqm head office and warehouse employs 75 people and will service Beaumont’s network of 28 stores in Queensland and stores and customers in northern NSW, said a media release.
The Rochdale opening is part of a $20 million dollar investment into Queensland by Beaumont. The retailer also recently launched its new 730 sqm design studio in Montpelier Road, Fortitude Valley.
Beaumont Tiles managing director Bob Beaumont said the company had increased its national footprint by 25 percent in Queensland in the last five years and he expected turnover to increase to $100 million a year from $60 million in five years.
“We’ve designed the facility to suit our unique needs for stock holding and to vastly improve our heavy-vehicle and customer traffic management. This means customers can get what they want, when they want it and we can maintain market leading price points,” Beaumont said.
The Rochedale centre takes Beaumont's national distribution centre holdings to 50,000 sqm across Sydney, Melbourne, Brisbane and Adelaide with the same footprint again in its 106-store network.
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Beaumont Tiles opens new distribution centre in Brisbane

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A Woolworths regional distribution centre in the Victorian hub of Wodonga has been listed for sale with offers closing November 11.
Colliers International’s Tony Iuliano and Gavin Bishop, in conjunction with CBRE’s Chris O’Brien and Matt Haddon, have been appointed to sell <a href="https://www.colliers.com.au/17005/#.VhSASd4bSkg" target="_blank">28 Bilston Drive, Wodonga</a>.
The 57,500 sqm property situated in a strategic logistics location between Sydney, Melbourne and Adelaide.
“This regional distribution centre services all of Canberra, regional Victoria and regional New South Wales,” Mr Iuliano said. 
“With a long term lease to Woolworths Ltd, combined with the location within a growing logistics and freight hub, this property will be highly sought after by both offshore and domestic buyer groups."
The property is also close to a new $39 million regional freight hub being developed by Australia’s largest private rail operator, SCT Logistics.
Constructed in 2005, the property is zoned Industrial 1 under the Wodonga Planning Scheme.
Mr Bishop said there was an outstanding appetite for Australian logistics assets from both local and offshore buyer groups. 
“In the last 18 months alone, 13 major distribution centres have been sold for a combined $938million, and this does not even include the $1billion GIC/Frasers Property Australia portfolio.” 
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Distribution Centre

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