Kraft Broadmeadows subdivided, selling down
The former Kraft Foods factory in Broadmeadows has been subdivided as a business park – and is now being sold down.
Broadlink Industrial Estate, as the 10 hectare property is now branded, includes 25 lots off a new street, Kraft Court.
It is estimated end product worth a total of $25 million could be constructed.
Functions previously undertaken by Kraft were moved to offshore.
Its former Broadmeadows factory has been retrofitted and split into five lots – only one which is for sale.
Kay & Burton director Gerald Delany is behind the project; he paid about $15m for the site last year.
One of his other ventures, The Fresh Cheese Company, has relocated to the ex-Kraft site after outgrowing a Brunswick property.
Tom Davis Industrial Property Consultant director Tom Davis is marketing the Broadlink Industrial Estate land.
Killen Thomas Industrial Commercial is co-agent for the warehouse.
