Kaduna Business Park: South East Melbourne's premier master planned estate

MELBOURNE, 3 March 2022 – JLL’s Al Armstrong, Ivo Redmond and Simon Wellock have been exclusively appointed to sell Release One of Kaduna Business Park at 295 Cardinia Road, Officer South.

The 92-hectare master planned estate developed by renowned private developer McMullin and Parklea are releasing 15 lots starting from 1,630sqm. The sites are expected to attract interest from occupiers and investors, Australia-wide.

Mr Armstrong said, “Kaduna Business Park is located in Victoria’s booming growth corridor, seconds from the M1 Diamond Interchange connecting your business to Melbourne CBD, Dandenong’s industrial precinct and the growing residential catchments.

“Businesses are now seeing Officer and Pakenham as a short trip down a much-improved M1 Freeway which has undertaken significant infrastructure upgrades due to the expected population growth in Officer and surrounds,” he said.

Recently, JLL announced the off-market sale of lots 144, 145, 146 and 147 Innovation Way, Pakenham. The sale demonstrates the current trend of occupiers moving due to better amenity, access, and value.

JLL’s Al Armstrong, Arthur Vainbrant, Ivo Redmond and Dan Kelly brokered the deal on behalf of Malta Foods, who will continue to operate in Clayton and will expand their manufacturing and operations in Pakenham.

“We have seen investors and occupiers taking advantage of off-market deals in the past six months, with land prices increasing at considerable rates in core markets such as Dandenong and the inner south-east. There is a strong trend developing with businesses moving to Officer and Pakenham for better value and bespoke opportunities,” Mr Armstrong concluded.

Expressions-Of-Interest for Release One of Kaduna Business Park, situated at 295 Cardinia Road, Officer South, close on 31 March 2022 at 4pm.