Information Memorandum - 34-36 Robbins Circuit, Williamstown North
34-36 ROBBINS CIRCUIT WILLIAMSTOWN NORTH
34-36 ROBBINS CIRCUIT WILLIAMSTOWN NORTH
Building area — 165 - 196 sqm*
Method of sale — Private Sale
Sale terms — 10% deposit, balance 60/90 days
“A judicious blueprint for success, these are some of the West’s most beautifully mapped out warehouse and office hybrids — without needing a map to get there.”
JOHN NOCKLES DIRECTOR-AGENCY
“Unlocking business potential with keyless entry. Whether you’re looking to buy, lease, or both, get ahead of the market by moving into a workplace that works harder than you do.”
DOMENIC SGAMBELLONE
SENIOR PROPERTY EXECUTIVE
WESTERN REGION
A build that has been on the radar for every uncompromising occupier since its inception, this is the Inner West’s answer to ground-breaking warehouse workplaces — and it’s now available for sale or lease.
• 17 small strata warehouse hybrids ranging from 165 - 196 sqm*.
• Industrial 3 zoning.
• 6.5-kilowatt solar panel system and EV charging ports.
• Polished concrete floors and exquisite fixtures.
• Allocated on-site car parks plus ample communal.
• 450 m* to the Kororoit Creek and Maddox Road intersection.
• 1.6 km* to Williamstown railway station.
• 2 km* to Williamstown Village.
PROPERTY DETAILS
Set amongst Williamstown North’s burgeoning residential trend, this development really is the benchmark in premium industrial and commercial estates. From its innovative inclusions to its strategic inner west location, these properties are primed to propel small to medium businesses further.
17 office / warehouses are available, ranging from 165 - 196 sqm*. Each one has been meticulously designed to cater to high standards and low energy outputs, including your vehicle — with EV charging ports present. There’s a 3,500-litre underground water tank for toilet flushing, high-tech security cameras covering the entire site and every warehouse entry, and security gates and fencing for added security.
Remote-controlled glass bifold doors meet polished concrete floors, with carpeted office space, exquisite fixtures and a large viewing window within each first-floor office for more natural light. And to harness the light efficiently, a 6.5-kilowatt solar system will save you up to 90% on your bills, with ducted heating and cooling and ample car parking on-site too.
High bay LED lights for a more ambient lighting effect
Remote controlled glass bifold doors
EV charger & 3 phase power to the meter for complete practicality
Solid timber and steel staircases
Full sized kitchenettes with high quality cabinetry (inlcuding overhead)
Polished concrete floors
3500-litre underground water tanks for toilet flushing
Bathrooms with shower, floor-to-ceiling tiles & matte black fixtures & fittings
Painted internal walls
Air conditioned office spaces upstairs
Floor-to-ceiling viewing windows
Carpets to office area
Glass partition to create an inviting ambience
THE OFFERINGS
LOCATION
When we say this part of Melbourne’s west is a logistics dream, the BP and McDonald’s on your front doorstep can testify to that. There’s also further storage thanks to Wilson, a number of auto dealers and parts stores, with a Quest hotel a little further along Kororoit Creek Road for any interstate visitors.
Small to medium businesses thrive within estates like these. It’s not just because of the communal spaces encouraging networking and knowledge sharing, but the locations are strategically sound to benefit the masses here — a price that would be outside of what’s feasible for a standalone property outfit. Sitting 450 m* from the Maddox and Kororoit Creek Road intersection, you’re also only 1.6 km* from Williamstown’s railway station, taking you into the CBD in an hour. Taking the new West Gate Tunnel, however, will get you central in half the time.
AND
THE POINT?
A development so meticulous, the only corners that were cut were the minimal turns in the commute to get here. Situate yourself amongst the best of the inner west, within an estate that was built for ambitions beyond business as usual.
• Situated in Williamstown North’s industrial district.
• New West Gate Tunnel Project.
• Around 9 km west of Port Melbourne.
• 10 km west of Melbourne CBD.
• 2 km from the thriving Williamstown Village.
SUBURB PROFILE
‘Heritage’ isn’t typically the first thing that comes to mind when you think of Williamstown North, however this period maritime suburb has extensive history in serving the Victorian gold rush efforts — with the 1850s cottages to prove it. It’s industrious landscape and commercial ambitions have only grown stronger.
Williamstown North has historically been a key industrial and logistics hub due to its proximity to major transport routes, including the West Gate Freeway and Melbourne’s ports. This has led to an impressive demand for warehouses and distribution centers, as well as an increase in mixed-use developments that has driven land prices higher.
The West Gate Tunnel was a significant infrastructure project that has improved access to Williamstown North, reducing travel times and making the suburb highly attractive to businesses requiring efficient transport links. Upgrades to local roads, utilities, and public transport have also made Williamstown North more accessible, encouraging owner-occupiers to take up residence within an area continually improving itself.
Beyond just industrial and logistics, the increase in residential developments in and around Williamstown North has also boosted demand for retail and commercial services, leading to the growth of local businesses and new commercial spaces.
HOBSONS BAY
Strategically located close to the Port and the CBD, Hobsons Bay presents a rare investment opportunity in the western region with over 1,600ha of industrial land.
The state continues to invest in transport infrastructure that will strengthen access to major supply lines and consumers, supporting growth in the already expansive manufacturing, logistics and construction industries. Projects such as the West Gate Tunnel Project and the Inland Rail Port Shuttle Network will be a catalyst for growth and change in the key industrial precincts.
BROOKLYN INDUSTRIAL PRECINCT
Brooklyn offers excellent accessibility adjoining Geelong Road to the CBD and Western region. Suitable for a mix of larger format and smaller scale industrial uses, this area has seen a boom in construction industries in recent years.
SPOTSWOOD INDUSTRIAL PRECINCT
Spotswood offers a diverse mix of industrial land with the potential to support more light industrial and commercial uses that would capitalise on proximity to the activity centre and Spotswood train station.
ALTONA AND ALTONA NORTH INDUSTRIAL PRECINCT
Altona and Altona North offer large self-contained sites and an established industrial legacy. Suitable for a range of industries, including heavier industrial uses that are buffered from residential areas. This area supports a number of logistics and transport industries and has areas of protected
WILLIAMSTOWN NORTH INDUSTRIAL PRECINCT
Williamstown North offers amenity to workers with access to a number of nature reserves and Cherry Lake as well as proximity to rail infrastructure. Historically home to Mobil, one of the largest refineries in Australia, this area will undergo significant change with the refinery closure, presenting an opportunity for new and emerging industries to establish here.
Source: Hobsons Bay City Council
Largest industry (by employment)
COMPISITION
In 2022, the Goods related sector accounted for 55.5% of employment in Hobsons Bay City. The importance of this sector has declined over the last 10 years (64.8% in 2012).
OF TOTAL BUILDING APPROVALS ( YEAR ENDING JUNE )
An analysis of the valued added by industry sectors in Hobsons Bay City in 2021/22 shows the three largest industries were:
• Transport, Postal and Warehousing (777 million or 15.7%)
• Manufacturing (724 million or 14.6%)
• Construction (662 million or 13.4%)
In comparison, the same 3 industries in Victoria accounted for 5.3% in Transport, Postal and Warehousing; 7.9% in Manufacturing and 9.4% in Construction.
The major differences between the value added by industries of Hobsons Bay City and Victoria were:
• A larger percentage of value added by Transport, Postal and Warehousing (15.7% compared to 5.3%)
• A smaller percentage of value added by Financial and Insurance Services (3.0%
• compared to 11.0%)
• A larger percentage of value added by Manufacturing (14.6% compared to 7.9%)
• A smaller percentage of value added by Professional, Scientific and Technical
• Services (4.9% compared to 10.0%)
INDUSTRIAL SECTOR
The resilience of industrial markets has been proven in recent years, with record levels of occupier demand and large amounts of capital entering the sector. Vacancy rates have plunged across all key markets in Australia and rental growth has accelerated as tenants compete for space. Despite a lack of availability in existing markets across the country, warehouse demand is currently at record high levels. Being driven largely by a surge in consumption and e-commerce, the demand is also stemming from supply chain management, as occupiers look to shield themselves from future fluctuations in demand given port and shipping delays currently being experienced.
Vacancy rates across both the major Australian and Melbourne Industrial Markets are at record lows. 0.5% (Eastern Seaboard Industrial Vacancy Rate Q4 22) and 0.6% (Melbourne Industrial Vacancy Rate).
Hand in hand with record low vacancy rates comes rental growth. With tenants competing for space and demand outweighing supply in key markets (a trend expected to persist over the short to medium term) rents continue to be driven higher, with rental growth of 9.6% forecast in 2023.
In 2021 for the first time since 1981, more people moved to regional Australia than the capital cities, driven by the macro forces we have become familiar with since Q1 2020. The past three years have provided the opportunity for many businesses to reassess their supply chains, with decentralisation becoming more prevalent. Agency data has highlighted a steady flow of demand from the capital cities. Geelong has been one of the key regional markets experiencing this trend. Constrained supply continues to be a key driver of values, rents and yields in the local market.
INDUSTRIES DRIVING THE INDUSTRIAL SECTOR ( 2022 )
Zoning — Industrial 3 Zone
Planning overlays — Unit 34 has a Special Building Overlay
Municipality — Hobsons Bay City Council
JOHN NOCKLES DIRECTOR-AGENCY
POINT OF INTEREST
John’s experience in commercial real estate is now pushing a decade and over that time he’s proud to see change when it comes to property in Melbourne. By adopting a lateral approach within a linear industry, John understands success within Melbourne’s commercial real estate market occurs by looking beyond what has been done, to what can be. It’s an approach that mirrors this city’s originality, commercially—and with it, creativity that extends beyond St Kilda Road.
POINT OF VIEW
“The Melbourne commercial property market has always been about rationale in dollars and cents. But, when working with rising land values and changes in the way that occupiers use commercial property, the market now requires those that will help shape it to be more creative than ever.”
POINT OF INTEREST
“Corporate outlook, with a suburban focus. CVA is proud to open doors to commercial property across Melbourne’s four points, and I’m honoured to open the same doors to my client’s future portfolios.” DOMENIC
Thanks to more than four decades of experience, Domenic is no stranger to commercial real estate. In fact, he’s likely had a hand in several Western transactions you missed out on. Incredibly thorough, undoubtedly reliable. Domenic relishes the opportunity that commercial delivers, particularly in making a difference in the community he operates — but it’s his personable professionalism from beginning to end that will see him more as a partner in your portfolio. Present. Driven. Human. It’s his pursuit of creating a lasting legacy for his clients’ future generations that has already solidified his own within the industry.
POINT OF VIEW
WH11
WH12 WH13 WH14 WH15 WH16
WH09 WH10
WH08
WH06
WH17 WH05
WH01 WH03 WH02 WH04 WH07
Disclaimer: This report has been compiled on the basis of information available. Though efforts have been made to verify or establish the accuracy of all material, it is not possible to warrant that it is accurate. Some predictions are estimates only and necessarily based on assumptions which may not occur. All parties should make their own independent enquires with regard to all the information contained in this report. The report is intended to be general information only and will not form part of any contract nor is it to be taken as any form of any representation, warranty or inducement. The agents and representatives do not accept any responsibility for and will not be liable in respect of any of the contents of this report.
