Melbourne Airport locks in another pre-commitment

Artist’s impression of the CSL Seqirus Tullamarine facility which topped out last year.

Melbourne Airport has secured Toll Group to another facility – this one for its healthcare arm.

The 10,000 square metre warehouse (artist’s impression, top) will support the operation of another major local tenant – CSL Seqirus, which is behind a three building, multi-level influenza vaccine and antivenom manufacturing plant under construction next door.

Melbourne Airport will own that asset too; known as CSL Seqirus Tullamarine, it should be operational in 2026.

Both properties will hold a Therapeutic Good Administration licence.

Toll also leases a major warehouse in the area for its logistics division, joining dozens of other Melbourne Airport tenant clients, amongst them, Amazon, for a small office space.

The landlord also derives income from hotels, the Essendon Football Club’s High Performance Centre, the URBNSURF wave park and, inside the airport, retail.

$20m asset

The Toll Healthcare facility, with a c$20 million end value and announced late last year, is expected to carry a 5-star Green Star NABERs rating.

It will handle both the supply of raw materials and packaging to the CSL plant – and the distribution of finished goods (story continues below).

Work for other Victorian clients will also be conducted there.

“The new warehouse marks Toll’s commitment to providing comprehensive logistics solutions for the healthcare sector,” Toll president, Government and Defence, Perry Singh, said.

“With operations commencing in Tullamarine, Toll aims to enhance efficiency and timeliness through just-in-time services,” he added.

“The collaboration between Toll an CSL Seqirus underscores a shared dedication to innovation and excellence in healthcare logistics,” according to the executive.

“We are proud to strengthen our partnership with CSL Seqirus and expand our footprint in the healthcare logistics sector.

“This new facility exemplifies our commitment to delivering high quality, tailored supply chain solutions to meet the evolving needs of our customers”.

Toll Healthcare operates from other TGA-licensed warehouses locally and in Adelaide, Brisbane, Perth and Sydney – delivering some 100,000 “temperature sensitive, time-critical and high value pharmaceutical products” annually.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.