This article is from the Australian Property Journal archive
AN industrial facility at Derrimut in Melbourne's west has been leased and sold by Colliers international for $3.3 million.
Colliers agents Nathan Bingham, Chris Jones and Nick Saunders have concurrently leased and subsequently sold the 3,500 sqm property at 85 Fulton Drive Derrimut on behalf of PFG Australia.
The lease was negotiated at approximately $78 per sqm and the sale of the property was secured at approximately $3.3 million.
“Purpose-built for PFG Australia, the property has been leased to equipment hire business Force Access, and concurrently sold to a private investor in Melbourne’s west.
“The property is located within the popular Gilbertson Industrial Estate, which is home to Aldi, Independent Distillers and Bulla Cream, amongst other household names,” Bingham said.
Property Review