When investing or leasing in industrial property, understanding the different types of zoning is crucial. If you want to lease an industrial property, you should know the type of zoning you will need before you begin your search. Industrial zoning in Victoria includes:
1. Industrial 1 Zone (IN1Z)
Industrial 1 Zone is designed for general industrial uses, including large-scale manufacturing, logistics, and warehousing. IN1Z areas are usually located away from residential spaces, ensuring minimal disturbance. Businesses in this zone benefit from the land use flexibility but are restricted in retail operations.
2. Industrial 2 Zone (IN2Z)
Industrial 2 Zone caters to heavier industries that may generate higher noise, pollution, or waste levels. Industries that work with chemicals and raw materials or require larger machinery typically operate here. To mitigate environmental impacts, this zone is located further from residential or sensitive uses.
3. Industrial 3 Zone (IN3Z)
Industrial 3 Zone accommodates lighter industrial uses near residential or commercial areas. It supports businesses with minimal environmental impact, such as technology, research, or small-scale manufacturing. The focus here is on maintaining a buffer between industrial activities and residential zones, allowing clean industries to thrive.
Each zone has specific planning requirements and restrictions, ensuring proper use of the land and minimizing conflicts between industrial and non-industrial areas. Your understanding of these distinctions is crucial as it helps you choose properties suited to your intended business operations, making you an integral part of the property selection process.
CPN Commercial Group, with its extensive experience and expertise in industrial real estate, is well-equipped to assist you. If you need help finding an industrial property that meets your business’s specific industrial zoning requirements, contact us today to discuss your needs.
