Industria, Knoxfield, Victoria
Folkestone announced in April 2015 that it has agreed terms to enter into a second 50/50 joint venture with Wilmac Properties to develop approximately 88 strata office/warehouse/units plus a cafe in Knoxfield, Victoria.
Knoxfield is 27 kilometres south-east of the Melbourne CBD and the site lies within an established business park precinct with excellent access to the Eastlink and M1 Motorways.
The Knoxfield site was acquired on deferred settlement terms in March 2016.
|Size||88 office/warehouse units, and a cafe|
|Folkestone Interest (%)||50|
|JV Partner||Wilmac Properties|
|Forecast Gross Revenue ($m)||42|
|Construction Commenced||May 2016|
|Forecast Completion Date||Mid 2019|
If you are interested in purchasing in this development, please click here.