155 VICTA ROAD EAST BENDIGO
155 VICTA ROAD EAST BENDIGO
INVICTA INDUSTRIAL ESTATE
LOT 26 LOT 25 LOT 23 LOT 24 LOT 15 LOT 13 LOT 17 LOT 12 LOT 16 LOT 4 LOT 9 LOT 6 LOT 11 LOT 3 LOT 8 LOT 5 LOT 10 LOT 2 LOT 7 LOT 19 LOT 22 LOT 14 LOT 18 LOT 20 INFORMATION MEMORANDUM | ii
A once in
industrial opportunity LOT 43 LOT 35 LOT 34 LOT 33 LOT 32 LOT 30 LOT 29 LOT 28 LOT 38 STAGE 2 COMPLETED LOT 46 LOT 42 LOT 44 LOT 45 LOT 36 LOT 37 LOT 41 LOT 39 LOT 40
a generation
EXECUTIVE SUMMARY
The upcoming industrial project in Bendigo East is poised to redefine the region and is a rare opportunity for businesses to establish themselves on the last remaining greenfield parcel of its size in the area. Don’t miss out on this unique chance to secure your place in the future of East Bendigo.
ADDRESS
PROPERTY DESCRIPTION
NUMBER OF LOTS
LAND ZONING
LOT SIZE OPTIONS
155 Victa Road, East Bendigo
Serviced Industrial Land Lots
33 allotments
Industrial 1 zoning
2,040m 2 – 32,000m 2
ESTIMATED CONSTRUCTION COMMENCEMENT Q4, 2023
ESTIMATED COMPLETION Q1, 2025
EXCLUSIVE SELLING AGENTS
TRAVIS HURST
0423 388 932
Travis.Hurst@colliers.com
ADELE FOOTT
0447 518 850 adele.foott@colliers.com www.hickory.com.au
DANIEL PHILIP 0439 977 121
Daniel.Philip@cva.melbourne
JOHN NOCKLES
0404 530 393
John.Nockles@cva.melbourne
PROUDLY DEVELOPED BY INFORMATION MEMORANDUM | iv
“East Bendigo’s last Greenfield industrial precinct of its scale, set to redefine the region.”
Artist Impression & Example Development Opportunity Only
“Step into the future of industrial growth and expansion with Invicta Industrial Estate, the ultimate destination for businesses seeking to flourish in Greater Bendigo. With its unparalleled accessibility and modern amenities, Invicta offers a golden opportunity to be at the forefront of Bendigo’s industrial evolution.”
INFORMATION MEMORANDUM | vi
INVESTMENT HIGHLIGHTS
23HA SERVICED industrial precinct CUSTOMISED development opportunity
FLEXIBLE allotment sizes
B-DOUBLE TRUCK access
Allotments with DUAL STREET FRONTAGES
ACCESS TO SERVICES
Lots with connections to power, water, sewerage, gas, drainage and communications (NBN Ready)
SITE PLAN SOLD 70% SOLD ALREADY YOURSSECURENOW 1 7,709m 2 21 4ha 35 7,171m 2 34 9,879m 2 32 6,546m 2 24 2,330m 2 23 5,164m 2 2 4,643m 2 3 2,210m 2 8 2,040m 2 4 2,210m 2 5 2,210m 2 12 2,210m 2 14 2,210m 2 18 2,040m 2 15 2,210m 2 19 2,040m 2 22 2,446m 2 20 2,255m 2 7 4,292m 2 25 1,133ha 26 1,070ha VICTA ROAD ARBOR BOULEVARD STAGE 2 - COMPLETE STAGE 1 - COMPLETE 28 6,000m 2 29 6,000m 2 30 6,000m 2 10 2,040m 2 11 2,040m 2 16 2,040m 2 13 2,210m 2 17 2,040m 2 9 2,040m 2 36 3,210m 2 37 3,210m 2 38 6,507m 2 41 3,432m 2 39 2,191m 2 40 2,190m 2 42 3,654m 2 43 3,452m 2 44 2,000m 2 45 2,000m 2 46 1.312ha MARSILEA COURT 6 2,210m 2 33 6,950m 2 AVAILABLE INFORMATION MEMORANDUM | viii
LOTS AVAILABLE
“A collection of 33 land lots within Bendigo East, ranging from 2,000sqm to 32,000sqm.” LOT NO. SIZE ASKING/SALE PRICE 1 7709m 2 Sold 2 4643m 2 Sold 3 2210m 2 Sold 4 2210m 2 Sold 5 2210m 2 Sold 6 2210m 2 $884,000.00 7 4241m 2 $ 1,696,400.00 8 2040m 2 Sold 9 2040m 2 Sold 10 2040m 2 Sold 11 2040m 2 Sold 12 2210m 2 Sold 13 2210m 2 Sold 14 2210m 2 Sold 15 2210m 2 Sold 16 2040m 2 $856,800.00 17 2040m 2 Sold 18 2040m 2 Sold 19 2040m 2 Sold 20 2256m 2 Sold 21 2040m 2 Sold 22 2246m 2 Sold 23 5164m 2 $1,291,000.00 24 2330m 2 Sold 25 11,270m 2 $3,155,600.00 26 10,700m 2 $2,996,000.00 28 5694m 2 Sold 29 6000m 2 Sold 30 6000m 2 Sold 32 6546m 2 Sold 33 6951m 2 Sold 34 9879m 2 $2,963,700.00 35 7171m 2 $1,972,025.00 36 3,210m 2 $1,219,800.00 37 3,210m 2 $1,219,800.00 38 6,507m 2 $2,407,590.00 39 2,191m 2 $854,490.00 40 2,191m 2 $876,400.00 41 3,432m 2 $1,372,800.00 42 3,652m 2 $1,388,520.00 43 3,452m 2 $1,311,760.00 44 2,000m 2 $800,000.00 45 2,000m 2 $800,000.00 46 13,120m 2 $3,542,400.00
LOCATION
GREATER BENDIGO CALDER
“As one of Victoria’s major regional hubs, Bendigo is well connected to major arterial roads, providing buyers with direct access to Melbourne.
The site is within the Bendigo Regional Employment Precinct allowing seamless transition for new and existing businesses looking to expand or relocate to Greater Bendigo.”
FWY
GREATER MELBOURNE
INFORMATION MEMORANDUM | x
GREATER MELBOURNE
HIGH DEMAND AND LIMITED SUPPLY
“With limited supply of industrial land, the median sale price in East Bendigo is rising fast, growing by some 24% over the 5 years to 2022”
“Of the 566,000m2 of industrial land and buildings, Bendigo currently has a 0.6% vacancy on a square metre basis.”
Median VALUE Growth, Industrial Sales, East Bendigo, 2018-2022 24%
Source: Pricefinder
SMALL LOTS 0.5 Hectares or Smaller 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036 FORECAST INDUSTRIAL LOTS REMAINING PER YEAR BY SIZE IN BENDIGO 90 84 75 65 55 46 36 27 17 8 MEDIUM LOTS Between 0.5 and 1 Hectare 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036 17 15 12 7 4 1 Sale Growth Line Sale Growth Line INFORMATION MEMORANDUM | xii
Source: Remplan, 2023
SUPPLY IN EAST BENDIGO 2023 LARGE LOTS Between 1 and 5 Hectrares 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036 8 8 5 2 1 VERY LARGE 5 Hectares or larger 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036 7 7 6 5 5 4 3 27 B-Double Routes Occupied Railway Available Urban Growth Boundary Not Available DEVELOPMENT STATUS Sale Growth Line Sale Growth Line
INDUSTRIAL LAND
LOCAL ECONOMY
“Greater Bendigo is experiencing unprecedented economic growth, with continued appetite for businesses to upscale in a regional location close to the Melbourne CBD.”
GREATER BENDIGO 2021
121,221 55,242 $8.15B
Source: Remplan, 2021 Census Data
INDUSTRIES FOR POTENTIAL BUSINESS OPPORTUNITY AT INVICTA ESTATE
POPULATION 7.5% increase from 2016 11.5% increase from 2016 24% increase from 2016 JOBS GROSS REGIONAL PRODUCT
Source: Remplan
TOP
INDUSTRY SECTOR DOLLARS Manufacturing $3,101,370 Construction $2,427,548 Rental, Hiring & Real Estate Services $1,360,749 Public Administration & Safety $783,506 Electricity, Gas, Water & Waste Services $687,140 Retail Trade $645,207 Transport, Postal & Warehousing $521,649 Accommodation & Food Services $391,750 Wholesale Trade $321,864 Other Services $299,892 INFORMATION MEMORANDUM | xiv
INVESTMENT OPPORTUNITY
Invicta Estate offers a great investment opportunity for local and metro buyers in Greater Bendigo region.
Greater Bendigo has an economic development strategy for sustainable businesses, job creation, improved health and education, and climate change adaptation.
The State Government strongly supports the Greater Bendigo 2030 action plan for sustained growth, diversified economy, and high-quality lifestyle.
Greater Bendigo has strong population growth, rising GDP, consistent job growth, and low unemployment for continued prosperity.
The post-pandemic resurgence and government investment of nearly $400m have boosted private sector development in the region.
The Estate’s flexible Industrial 1 zoning presents enormous opportunities for personal and local investment, driving the region’s growth and becoming a highly liveable and workable city.
investment opportunity to create a new destination for their
Logistics Factory Manufacturing Industry Food Industry (Storage & Distribution) Service Station INFORMATION MEMORANDUM | xvi
Offices (Permit Required)
Shipping Container Storage
Automated Collection Point (Materials Recycling)
Warehouse & Storage Facility
their
Artist Impression & Example Development Opportunity Only
SALE PROCESS
VIA PRIVATE EXPRESSION OF INTEREST
FROM REGISTRATION OF LOTS ON TITLE
TRAVIS HURST 0423 388 932
Travis.Hurst@colliers.com
ADELE FOOTT 0447 518 850 adele.foott@colliers.com
DANIEL PHILIP 0439 977 121
Daniel.Philip@cva.melbourne
JOHN NOCKLES 0404 530 393
John.Nockles@cva.melbourne
EXCLUSIVE SELLING AGENTS SALE METHOD SETTLEMENT
INFORMATION MEMORANDUM | xviii
