Frasers Property Industrial appoint 2Construct to deliver A$62 m facility
Frasers Property Industrial has appointed Victorian-based construction firm 2Construct to deliver the construction of a three-tenancy facility at its premium 4Ten Epping industrial estate in Melbourne’s North.
The Victorian-based firm was appointed for their expertise in delivering multi-faceted constructions projects. A total of 750 tonnes of steel will be used to construct the adjoining warehouse and office facilities at 4Ten Epping for Australian caravan manufacturer, Crusader Caravans and chassis manufacturer Intel Engineering. The purpose-built facilities have net lettable areas of 15,010 square metres and 5,760 square metres respectively.
2Construct will also deliver a neighbouring 16,972 square metre speculative facility with extensive Cooper Street frontage. The total end value of the three-tenancy facility is estimated at A$62 million.
Anthony Maugeri, General Manager Southern Region & Capital Transactions for Frasers Property Industrial comments, “2Construct’s construction expertise will enable the delivery of high-quality warehousing facilities at Frasers Property Industrial’s 4Ten Epping estate for our customers.”
“We look forward to working with 2Construct to deliver state-of-the-art industrial facilities for Crusader Caravans and Intel Engineering that will support their operations and business growth into the future.”
The three facilities to be delivered by 2Construct will feature high clearance warehouse space, state-of-the-art offices, recessed loading docks and on-grade rolling doors. The new buildings will be targeting a 5 Star Green Star - Design & As Built v 1.3 rating and have a total 125kW of rooftop solar panels.
Tony Venier, Construction Manager, 2Construct comments, “2Construct is excited to partner with Frasers Property Industrial in the delivery of the Crusader Caravans and Intel Engineering warehouse facility at 4Ten Epping.
“This is the beginning of a valued partnership to manage, create and construct smarter industrial spaces.”
2Construct has recently completed significant civil and civic constructions, including major infrastructure in Melbourne’s Southbank Promenade and the new civic green development to Sunshine’s premier main street, Hampshire Road Stage 3.
The expansive master planned 4Ten Epping industrial estate comprises approximately 62 hectares of industrial zoned land. The estate is strategically located in the heart of Melbourne’s northern suburb of Epping, with excellent transport linkages to the Melbourne CBD (18km), Tullamarine Airport (12km) and Port of Melbourne (22km). The estate is also set to benefit from the construction of the North East link, which is scheduled for completion in 2027.
Construction of the three-tenancy facility at 4Ten Epping is expected to reach practical completion in Q1 2022.
SOURCE: The Industrialist