Toll Holdings Makes $22 Million From Sale of Altona Warehouse

TOLL Holdings has reaped $22 million from the sale of a 48,100 square metre office and hardstand distribution centre in the west Melbourne suburb of Altona.

The Horsburgh Drive building was built on part of a 50-hectare site Toll Property Group has developed on the Dow Chemical site, which it bought a few years ago. The property was sold with a 12-year lease to Toll Holdings company NQX Freight System.

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