Truganina Archives - realestatesource

RECEIVERS for the owners of a versatile 555-hectare Truganina property, the largest asset measured by area to hit the market last year, are selling down the property in smaller chunks.

After failing to sell for a total $100 million in separate campaigns in 2010, and 2011, four industrial development sites, each measuring about 42 hectares are now for sale, in a campaign being managed by Biggin Scott Commercial’s Andrew Egan and Frank Nagle.

Accessed via Hopkins Road, the blocks are expected to sell for about $3 million each.

Victoria

Truganina South Melbourne’s Newest Suburb

July 15, 2011 Marc Pallisco Matthew Guy, New Melbourne Residential Development, Truganina

A NEW Melbourne suburb, 19 kilometres south-west of town, has been unveiled.

Truganina South will be developed on a 250 hectare block of land near Hoppers Crossing and in the council area of Wyndham which was recently identified as the country’s fastest growing.

Planning minister Matthew Guy (pictured, right) launched the suburb bound by Leakes, Palmers and Sayers roads, and, traveling west, farmland on the way to Derrimut Road.

Victoria

Goodman Group Signs Three Industrial Leases Totaling 84,000 Square Metres

July 9, 2011 Marc Pallisco Braeside, Goodman Group, Laverton North, Melbourne industrial lease, Truganina

GOODMAN Group has signed three major industrial leases totaling 84,000 square metres.

Transport company Wettenhalls has signed a five year lease for a 32,600 square metre facility at Laverton North, in Melbourne’s west. Wettenhalls is paying $60 per square metre to occupy the site within Goodman’s Wyndham Distribution Centre.

The space Wettenhall is moving into was previously occupied by Kmart, which is moving to a 76,700 square metre facility at Goodman’s Banfield Distribution Centre in Truganina, also in Melbourne’s west and not far from Laverton North.

Victoria

Another Victorian Caravan Park Offered as Residential Development Site

December 20, 2010 Marc Pallisco caravan park, Mornington Peninsula, Rosebud West, Truemans Road, Truganina, Victorian development site sale

CHEAP holiday makers will need to cross another caravan park off their wish-list, soon.

The Bella Vista Holiday Park, in Rosebud West, on the Mornington Peninsula, has been listed for sale as a residential development site.

At 15 – 33 Truemans Road, and near the north-east corner of the waterfront Point Nepean Road, the 5689 square metre block is leased to the current operators until winter 2012.

It’s for private sale asking $4 million, plus GST. The selling agent is Paul Basso of Fruit Property in Tootgarook.

Victoria

UGB Changes Great For Truganina Sale Campaign

August 14, 2010 Marc Pallisco Melbourne Residential Development Site Sale, Truganina

THE timing of last week’s Urban Growth Boundary changes couldn’t have come at a better time for the syndicate of investors selling Melbourne’s biggest development site, measured by area.

The massive 555 hectare site at Truganina, in Melbourne’s west, is expected to sell for $100 million – after failing to sell for about that amount two years ago, at the start of the economic downturn, and before the site’s zoning future was confirmed.

“Under the rezoning the site will be a keystone property for the future development of Melbourne,” said CB Richard Ellis director Walter Occhiuto, who is selling the site with Tom Hayes, said.

Victoria

UGB Changes Great For Truganina Sale Campaign

August 14, 2010 Marc Pallisco Melbourne Residential Development Site Sale, Truganina

THE timing of last week’s Urban Growth Boundary changes couldn’t have come at a better time for the syndicate of investors selling Melbourne’s biggest development site, measured by area.

“Under the rezoning the site will be a keystone property for the future development of Melbourne,” said CB Richard Ellis director Walter Occhiuto, who is selling the site with Tom Hayes, said.

Victoria

555 Hectare Truganina Site, Melbourne, Relisted For Sale

July 15, 2010 Marc Pallisco Melbourne Residential Development Site Sale, Truganina

MELBOURNE’s biggest residential development site, measured by area, was quietly relisted for sale this week.

After failing to sell last year, the private families that control a 555 hectare block of land at 65 – 453 Hopkins Street, in Truganina, are trying their luck in a more buoyant market.

The land is near the new Western Freeway extension (known during construction as the Deer Park Bypass), which opened last year, and marries into the Western Highway at the suburb border of Caroline Springs, Ravenhall and Rockbank.