Builder Buys Industrial Development Site, Derrimut, Melbourne

MELBOURNE based builder Property Investment Trust plans to build a 10,000 square metre distribution warehouse at the Gilbertson Industrial Estate, in Derrimut.

The group paid $2.2 million for the 128 Swann Drive site, spread over 1.84 hectares.

Jones Lang Lasalle’s Rob Mirabello and Ashley Buller marketed the site.

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Marc Pallisco

A freelance property analyst and journalist, Marc is a co-founder of realestatesource.com.au.

Marc Pallisco

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