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Industria Nunawading, developed by Wilmac Properties and Folkstone will deliver a premier business community purposefully designed to address the needs of the growing small business market in the City of Whitehorse. With flexible spaces and high quality finishes, the development will provide the perfect business solution for a diverse range of occupants.
A joint venture between listed developer Folkestone and Wilmac Properties has launched a $40 million business park in Nunawading just six months after buying the site.
Wilmac Properties director Angus McQueen said planning for Industria Nunawading had started while they were in due diligence to buy the property, speeding up the process. They paid $7.4 million for the 2.1 hectare parcel of industrial-zoned land at 31-39 Norcal Road in March.
The final stage of the mixed-use, 2.5 hectare Millers Junction Business industrial development in Melbourne’s west will come to the market ahead of schedule following strong demand.
Listed real estate fund manager Folkestone has joined forces with private developer Wilmac Properties to acquire a 2.1 hectare parcel of industrial land in Nunawading in Melbourne's east. The pair plan to develop 73 strata style office/ warehouse mews with an end value of about $31 million.