Former Amcor plant, Box Hill, to be redeveloped
A $65 million office and industrial park and bulky goods centre will be built on the site of a former Amcor packaging plant in Box Hill South.
The project will add around 20,000 square metres of office space and 6,000 sqm of retail over the next three years.
To be branded Box Hill Corporate, it will be undertaken by JF Box Hill Pty Ltd, a construction company affiliated with local developer the Freeman family.
JF Box Hill Pty Ltd purchased the four hectare site at 249 Middleborough Road off Amcor for a speculated $14 million in December last year.
The development is at the corner of Ailsa Street, adjacent to a Bunnings hardware superstore, one of six recently purchased by Sydney-based developer and fund manager Charter Hall for around $200 million.
GormanKelly director Sandro Peluso, who is marketing Box Hill Corporate with Colliers International’s Jeremy Gruzewski, said it has taken about 12 months to finalise plans and obtain relevant permits to build on the site.
He said the Box Hill development would occur in at least five stages, with the first stage c6000 square metres of strata titled office/warehouse buildings.
It is anticipated the bulky goods component of the project, which will have frontage to Middleborough Road, will be marketed at the end of next year.
