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IndustrialStaff WriterWed 22 Jul 15

Holdmark Property Group Acquires Melrose Park Site

1

An industrial site in the sought-after suburb of Melrose Park has been purchased by the Holdmark Property Group for $40 million.

Sold by pharmaceutical group Eli Lilly, the site at 112 Wharf Road is in one of Sydney's last under-developed locations, close to the waterfront.

The property offers a land area of 21,000sqm and offers strong development potential. There is a substantial existing campus style facility with a floor area of 8,140sqm onsite.

The property has a 4 stars NABERS energy rating.

Holdmark Property Group is a privately owned property development and investment group. Its portfolio includes Majors Bay at Mortlake, Harvard at Shepherds Bay, Oxford at Shepherds Bay and AIR at St Leonards.

IndustrialAustraliaReal EstateDeal
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"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
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Article originally posted at: https://theurbandeveloper.com/articles/holdmark-property-group-acquires-melrose-park-site