Acquired as a joint venture between CVC Property Trust and Lyons in 2009 from ING Industrial Trust, Knoxfield is an Industrial 1 zoned, 15ha site located in Melbourne’s South East growth corridor, with prime development land fronting Ferntree Gully Road, Knoxfield. The site was composed of a new industrial facility, an older style warehouse, refrigerated cool store and disused offices. Planning approval was sought to strata title the site and build a 13,200m2 trade supplies center and a 13,000m2 bulky goods center. The planning objective required a detailed knowledge and understanding of both State and Local planning provisions. Lyons was integral to the negotiations to accelerate the planning process.
The Project
Financial
Project Acquired 2009
Project Realized 2013
UseRezone and Sale
Category Marina and housing