As Melbourne’s industrial property market continues to expand, Airport West has become a standout location for commercial real estate investment. With its exceptional connectivity, competitive pricing, and strong tenant demand, this strategically positioned suburb presents significant opportunities for commercial and industrial property investors. Here’s a quick summary:
Prime Location with Exceptional Connectivity for Commercial and Industrial Property Needs
Airport West stands out due to its unmatched access to key transport routes:
- The Tullamarine Freeway and Calder Freeway offer seamless connections to Melbourne’s CBD and surrounding regions.
- Melbourne Airport, located just minutes away, provides a significant logistical advantage for businesses relying on air freight and global distribution.
- Nearby freight terminals and highways make Airport West an ideal hub for transport, logistics, and distribution companies.
Competitive Property Values
Compared to other industrial hotspots in Melbourne’s northern corridor, Airport West offers exceptional value for money. Investors can secure industrial spaces at competitive prices while still benefiting from close proximity to the CBD and airport facilities.
This price advantage and increasing demand for quality industrial spaces ensure strong potential for capital growth and steady rental returns.
High Tenant Demand
The proximity to Melbourne Airport and major roads has made Airport West a high-demand area for industrial tenants. Logistics businesses are particularly drawn to the suburb due to:
- Reduced transport times.
- Easy accessibility to major road networks and air freight facilities.
Residential Growth Supporting Industrial Demand
Airport West has also seen steady residential growth, further boosting its appeal as a hub for businesses and workers and investors can anticipate that the expanding residential base will sustain the demand for industrial properties, positioning Airport West as an attractive long-term investment choice.
Ongoing Infrastructure Development
Investment in local infrastructure continues to enhance Airport West’s appeal:
- Melbourne Airport Third Runway: A $3 billion project approved for construction will significantly expand the airport’s capacity, driving more freight and business activity.
- Melbourne Airport Rail Link: This major transport project, which will cost $10 billion, will enhance connections to Melbourne Airport, benefiting businesses relying on air freight and boosting workforce mobility.
- Road Upgrades: Improvements to the Tullamarine Freeway and surrounding arterial roads ensure smoother traffic flow and enhanced accessibility for businesses in the area.
Current Oppourtunity
With unbeatable connectivity, competitive pricing, growing tenant demand, and strong residential growth, Airport West presents a compelling opportunity for industrial real estate investors. The ongoing infrastructure developments and proximity to key transport hubs make it an ideal choice for businesses looking to thrive in Melbourne’s industrial market.
Take advantage of this prime investment opportunity! We currently have a property for sale now
Reach out to CPN Commercial Group to discuss opportunities today.
