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In December 2006 Folkestone acquired 320 hectares of future industrial land at 135, 225 & 285 Donnybrook Rd, Mickleham in a 20:80 joint venture with The AMP Capital Investors Managed Select Property Portfolio No. 2.
Folkestone is the development manager for the joint venture. Located within the Urban Growth Boundary, the land enjoys excellent links to Melbourne’s road transport infrastructure in particular the Hume Highway and Craigieburn bypass.
With the support of local and state governments, the joint venture is in the process of re-zoning the land to ensure that adequate long term supply of industrial land to Melbourne’s rapidly expanding Northern corridor is maintained.
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| Address: |
Donnybrook |
| Category: |
Industrial Space |
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