Industria,  Nunawading, Victoria

In March 2016 Folkestone entered into a third 50/50 joint venture with Wilmac Properties to develop approximately 72 strata office/warehouse mews plus a stand-alone 3-level strata office building in Nunawading, Victoria.

Nunawading is 18 kilometres east of the Melbourne CBD and the site lies within close proximity to Nunawading Train Station and the ‘Golden Mile’ Melbourne’s premier bulky goods shopping district.  It has excellent access to the Eastlink Motorway, Maroondah Highway and Springvale Road.

The Nunawading site was acquired on deferred terms with settlement occurring in September 2016. As at 30 June 2017, 60 units had been presold plus the three storey office building. Stage 1 construction commenced in February 2017.

Sector  Commercial/Industrial/Retail Mews
Location Nunawading, Vic
Size Circa 72 mews
Folkestone Interest (%) 50
JV Partner Wilmac Properties
Forecast Gross Revenue ($m)               38
Construction Commenced April 2017
Forecast Completion Date Mid 2019

If you are interested in purchasing in this development, please click here.

To view the video of our VIP sales event at Nunawading, please click here.

To view the Industria Information Memorandum, please click here.

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