151 – 161 Forster Road, Mt Waverley

Development

151 – 161 Forster Road, Mt Waverley

Development Approval for industrial redevelopment in core East Melbourne market

Mallory Dunn & Steve Brookes / 13 May, 2024

On behalf of the Aliro Group Industrial Vehicle (AGIV), we are excited to announce that Development Approval has been received for the 10,000sqm+ redevelopment of 151-161 Forster Road, Mt Waverley in Melbourne (Victoria).

As part of our broader Mount Waverley estate, the 2ha infill site is strategically located 20km East of the Melbourne CBD and in close proximity to Melbourne’s major retail centre.

Further, being within the growing Monash Technology Precinct, surrounding occupiers include some of Australia’s leading innovation, business and research institutes.

The proposed state-of-the art facility will provide a brand-new offering to the tightly held Eastern industrial market, with full drive around access, a flexible floorplate and targeted ESG initiatives.

Unmatched access and visibility to the M1 Monash Freeway (250m), coupled with the best-in-class population accessibility, allow for a variety of uses on site, including last-mile operators, e-commerce, and more traditional freight and logistics occupiers.

For more information regarding this development, please contact Aliro’s Victorian team Jason Blake, Angus Reynolds and Mallory Dunn.

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