Wilmac banks $52m from Melbourne business park
EXCLUSIVE
Local developer Wilmac has sold down a recently completed business park on the banks of the Maribyrnong River, in Braybrook.
Also abutting Cranwell Park, the two storey office and industrial complex on 2.5 hectares at 84-110 Cranwell Street recovered over $52 million.
On 2.25 hectares, it contains 3,887 square metres of offices and 10,860 sqm of warehouses; the facility is split as 99 tenancies.
Launched for pre-sale in April, 2023, as Industria Braybrook – now replaced with Wilmac Braybrook – the smallest strata titled units, measuring 51 sqm, were asking $489,000.
C3 Construction Group was the builder.
Bosisto Commercial’s Paul Murray, Glyn Bosisto and MattLewski with Knight Frank’s Andrew Gallucci, Michael Satterley and Steve Jones acted for Cremorne based Wilmac (story continues below).
Wilmac Braybrook
Replacing a long vacant tract, Wilmac Braybrook includes seven double storey buildings.
The complex also contains a business hub and boardroom and EV charging stations. An onsite café is set to be operated by Cranwell Coffee Co.
Units were offered with between two and three car parks.
Braybrook is nine kilometres west of Melbourne’s CBD.
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