270 Maroondah Highway, Chirnside Park

The JLL Logistics & Industrial team is pleased to offer a remarkable investment opportunity at 270 Maroondah Highway, Chirnside Park, though an Expressions of Interest campaign.

Situated in the bustling commercial and industrial hub of Chirnside Park, this premium 5.64ha* property boasts a strategic location along Maroondah Highway. The site enjoys superior accessibility via major thoroughfares including Dorset, Mount Dandenong and Croydon Roads, as well as Mountain Highway, EastLink, and the Eastern Highway. The property's appeal is further enhanced by its proximity to key amenities such as Bunnings Warehouse, Harvey Norman, Chirnside Park Shopping Centre, various bus routes, and the Lilydale train line.

Key Site Highlights:

• Rare 5.64ha* industrial zoned greenfield site in one of Victoria's most tightly held industrial precincts.
• Prime development potential for a landmark institutional-grade business park, retail land allotment subdivision, or small format industrial development (STCA)
• Strategic location surrounded by key retail hubs and industrial business parks
• Immediate access to core outer eastern industrial precincts including Kilsyth, Bayswater, and Croydon South
• Situated in a highly land-constrained industrial and logistics precinct, offering favourable demand/supply dynamics for developers to capitalize on significant capital and rental growth opportunities
• One of only three markets within Australia that experienced net effective rental uplift in 2024

In a market with limited blue-chip opportunities, 270 Maroondah Highway, Chirnside Park, presents an unparalleled chance to acquire one of the last remaining significant greenfield sites in Melbourne's Eastern area. This property is poised for its next stage of development, underpinned by an excellent location and exceptional surrounding infrastructure in a precinct that is effectively fully developed with limited future growth prospects.

For Sale via Expressions of Interest closing: Wednesday, 19th March 2025 at 3:00pm (AEST).