Two Corner Sites sold by AND for $12,826,000

November 1 2024
AND Property is excited to announce the successful sale of two industrial sites located at 62 Doriemus Drive & 2 Pauljoseph Way in Truganina. These neighbouring titles are positioned within the sought-after Axiom Estate, a prime industrial hub in Melbourne’s western suburbs.

Representing a strong investment in the area, this transaction highlights the robust demand for Industrial 1 Zoned land within Truganina’s established industrial precincts. The sale was negotiated by AND Property agents, Ricardo Cappelletti, Bryce Pane and Ben Quennell, who leveraged their deep market knowledge to secure this result for the vendor.

"This sale showcases the appeal of well-positioned industrial land in Melbourne’s western corridor," stated Mr. Quennell. "The Axiom Estate continues to draw substantial interest from developers and occupiers alike."

Mr. Cappelletti remarked, “This transaction underscores the value of strategically located sites for private developers looking to capitalise on the area’s growth and accessibility."

Sale Statistics: 

• Address: 62 Doriemus Drive & 2 Pauljoseph Way, Truganina, VIC 3029
• Site Area: 14,575m²
• Asset Type: Industrial 1 Zoned Land
• Price: $12,826,000
• Rate: $880/m²
• Purchaser Profile: Private Developer

For further information on this transaction or to discuss similar opportunities, please contact the team at AND Property.