MAB Plans $60 Million Business Park to Replace West Gate Collection Point, Port Melbourne

He says a third of the 3.1 hectare site will be redeveloped as a major fuel exchange with an associated diner.

A portion of the site will be subdivided as land lots between 1000 square metres and 3500 square metres and offered to the market for sale.

MAB is also seeking to build office warehouses on the site, which it will lease and retain as investments.

Jones Lang LaSalle directors Lincoln Reynolds and Ashley Buller negotiated the $12.65 million sale for the former state government and are acting for MAB, marketing the redevelopment.

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Marc Pallisco

Marc Pallisco

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

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