- New facility to be part of Canvas West estate in west Melbourne
- Located about 20km from the CBD, Port Melbourne, and Tullamarine Airport
- To be constructed by Hansen Yuncken
Frasers Property Industrial today announced Silk Contract Logistics will join Frasers’ 42.3 hectare Canvas West estate. The west Melbourne property includes 800 metres of frontage to Boundary Road and practical completion is planned for mid-2022.
Silk Contract Logistics will occupy a 12,726 square metre office and warehouse facility at Canvas West estate in Tarneit. The signing comes as CBRE’s Industrial and Logistics Vacancy Report for December 2021 found Melbourne’s industrial vacancy rates were as low as 1.3%.
It comes as no surprise then that the deal was quickly closed:
“Melbourne is experiencing record low vacancy rates and we are seeing extremely strong inquiry for industrial facilities larger than 10,000 square metres. With a lack of developable land options across Melbourne, our pre-lease and speculative activities within our estates are meeting the needs of many medium to large occupiers,” said Andrew Hanna, General Manager – Victoria, at Frasers Property Industrial.
“We have been able to quickly secure another deal with repeat customer Silk Contract Logistics and we are working closely with them to deliver their new warehousing facility to support current and future growth.”
The facility to be occupied by Silk Contract Logistics will feature a 505 square metre state-of-the-art office, multiple on-grade roller doors, four recessed loading docks and a springing height of 11.5m.
The leading supplier will join prominent fabrics wholesaler Shaw Fabrics and Dutch retailer Vida XL at the estate.
They also currently occupy a 20,337 square metre warehouse facility at Frasers Property Industrial’s West Park Industrial Estate in Derrimut, Victoria, which they have leased since 2017.
The Canvas West estate aspires to meet 5 Star Green Star Design & As Built v1.3 certified ratings from the Green Building Council of Australia, with the inclusion of on-site solar panels and rainwater collection, use of low-carbon materials, and a design that promotes the health and wellbeing of the employees.
Estate amenities include four hectares of open space and conservation area with wetlands, a tree-lined boulevard entrance, dedicated off-road bike paths, and running and walking tracks.
Access and wayfinding is also enhanced by wide streetscapes, high-quality landscaping, signalised entry, 24/7 operational hours, and B-double truck access.
Hansen Yuncken has been appointed to deliver Silk Contract Logistics’ facility. Hansen Yuncken also recently completed the 35,645 square metres Ozito Pty Ltd and efm Logistics facility, which is located at Frasers Property Industrial’s Rubix Connect estate, in Melbourne’s southeast.
Canvas West also leverages extensive transport linkages to the Melbourne CBD (22km), Tullamarine Airport (20km), Port of Melbourne (19km) and M1 Princes Freeway (8km).
