This article is from the Australian Property Journal archive
OWNER-occupier Quicklift Garage Doors has acquired an office and warehouse facility at Mulgrave in Melbourne’s south-east for $2.96 million.
Located within Enterprise Park, the 61-63 Glenvale Crescent property comprises a 2,775 sqm office/warehouse, including 2,375 sqm of warehousing, on a 5,741 sqm site with 50 on-site car spaces.
Savills associate director Daniel Kelly handled the deal and said Quicklift had been in the market for more than 12 months, with a requirement to find a property which would accommodate the company‘s consolidation of operations from two other locations.
“Like a significant number of companies, Quicklift wished to take advantage of low interest rates to move from multiple smaller locations and wished to rationalise its current operations into one modern facility.
“The Glenvale property offered good utility and a superior location with great access to the Monash Freeway,” Kelly said.
He added that the former tenant, Rectron Electronics, which had been at the property for ten years, would relocate to a smaller distribution facility at Forster Road, Mt Waverley.
Australian Property Journal
