“We’re seeing genuine competitive tension and considerable depth of demand in our campaigns for well-located Melbourne industrial assets.
“Buyer sentiment is improving, and we expect that trend to continue throughout the final quarter of 2026.”
Glassford said, “Passive income from quality tenants, rental reversion upside, value-add propositions and a critical landholding in Melbourne’s ‘CBD of the north’ made this a remarkably attractive investment for the purchaser.”
He added, “The chronic shortage of industrial land supply in prime Melbourne locations made this an increasingly rare chance to secure an expansive portfolio in one of the city’s most accessible commercial, industrial and employment hubs.”
“It’s clearly not every day that you come across the opportunity to buy nearly an entire Melbourne street.”
Glassford said the market had recognised Epping as the key activity hub of Melbourne’s northern suburbs.
Major traffic generators close by in Epping include Pacific Epping regional shopping centre and the Melbourne Wholesale Fruit Vegetable & Flower Market, Northern Hospital, Epping Private, Melbourne Polytechnic, the Mantra Hotel, and Costco Supermarket.
The strategic last mile location also offers immediate connectivity to the Hume Freeway, Cooper Street, O’Herns Road and the Metropolitan Ring Road, opening up access to the rest of Melbourne as well as Melbourne Airport.