SOLD | 96-104 Fairbank Road, Clayton South | $27,175,000
AND Property & JLL are pleased to announce the successful sale of 96-104 Fairbank Road, Clayton South for $27.175M to an owner-occupier.
Transaction Summary:
$1,933/m² GLA | $859/m² site area (substantial easement)
14,058m² GLA across 31,647m² site
23 inspections | 7 competitive offers
10% bid spread from first round offers
This on-market Expressions of Interest campaign demonstrated strong buoyancy in Melbourne's industrial market, attracting diverse interest from owner-occupiers, developers, and investors.
The multi-warehouse facility featured premium infrastructure:
• Crane capability
• High power & natural gas supply
• Five street crossovers with drive-around access
• Expansive hardstand areas
The successful sale to an owner-occupier reinforces growing depth in Melbourne's occupancy market for stabilised industrial assets in core precincts.