Building materials industry player MVC Pty Ltd has agreed terms on a new office/warehouse lease at Dandenong South.
Building materials industry player MVC Pty Ltd has agreed terms on a new office/warehouse lease at Dandenong South in Melbourne’s south-east in a deal brokered by Savills Australia.
The 81 Discovery Road property comprises 997 square metres of quality office and warehouse space, including a 189 square metre, two-level office component and 808 square metres of high clearance, clearspan warehousing.
The property is located within the sought after Innovation Park estate enabling immediate access to the south-east’s key arterial roads including Frankston-Dandenong Road, EastLink, and Greens Road.
According to Savills Senior Executive Paul Jones, who negotiated the deal, the tenant agreed to a three year lease at a rental of $85,000 per annum net.
Mr Jones said the property’s location and cutting edge design were the key elements of the deal.
“MVC required a modern facility in a prime location which provided quick access to key local arterials.
“The property also offered outstanding truck access, motorised roller doors and secure fencing,” Mr Jones said.
The lessor is a private Melbourne investor.
Learn more about Savills Industrial Leasing services.