Category: Altona

“Industrial assets outperform market”

By The McArthurs Park Team on May 28th, 2019 | Altona, Altona North, Commercial Investments, commercial property, Property, warehouse

“Small industrial assets such as Altona North’s McArthurs Business Park are outperforming other property classes”. News Limited

From $476k - News Limited featured McArthurs Park as best value opportunity in this article recently, encouraging investors to diversify and prioritise the exciting commercial growth in Melbourne's inner west.

Altona North and Derrimut, both inner western suburbs,  have also achieved national "best value" returns from 2008-2018 highlighting the inherent value in Melbournes west.

Mcarthurs_Park
McArthurs Business Park Altona North

Additionally last year, Minister for Planning Richard Wynne has approved a plan to transform the Don Smallgoods factory site in Altona North.

The 67-hectare former industrial site in Blackshaws Road Altona North is just 12km from the CBD & will include 3000+ homes, create 1500 jobs, a new town centre plus commercial office spaces together with an improved network of public transport options.

McArthurs Business Park was designed to offer new commercial spaces well aligned with growing local SME's and will experience substantial benefits from the improved roads and infrastructure works.

With The West Gate Tunnel 2022 project on target, Melbourne's inner western suburbs like Altona North will have improved access to the ports, CBD, Airports and major freeway infrastructure.

Download current McArthurs Business Park unit availability, floor plans and pricing at www.mcarthurspark.com.au or contact Glyn Bosisto on 0414 304 580

Welcome to Altona & Altona North!

By The McArthurs Park Team on March 15th, 2017 | Altona

Altona Beach

Altona & Altona North are named after Altona, a suburb of Hamburg in Germany.

The median house price in Altona in Q2 2016 is $825,000 (Valuer General Victoria)  LINK to Dec 2017/18 Valuer General Report

Altona is only 13km from the Melbourne CBD & ports, 20 minutes drive from the major airports and has extensive bay side beach access to Port Phillip Bay.

As one of the highest capital growth regions in Melbourne in recent years, the Altona & Altona North area is a thriving multi cultural hub for over 13,000 residents & small businesses. There are many significant major manufacturing & energy businesses operating in Altona providing extensive employment opportunities for local residents.

Altona North is bounded by the West Gate Freeway in the north, a line that runs north-south to the west of New Street, a line that runs north-south to the west of Charlotte Street, Mason Street, Blenheim Road and a line that traverses around the western boundary of Bayside Secondary College in the east, the railway line, Kororoit Creek Road and a line that runs north-south to the east of Ganton Court in the south, and Kororoit Creek in the west.

Development of the area dates primarily from the 1950s, with much of the housing constructed during the 1960s. The population declined slightly between 1991 and 2006, and then increased slightly between 2006 and 2011 as new dwellings were added to the area.

Major features of the area include Altona Gate Shopping Centre, Automotive manufacturing, energy processing & storage, Altona Lakes Golf Course, Paisley Park, A. W. Bond Reserve, A. W. Langshaw Reserve, G. J. Hosken Reserve, Harris Reserve, J. J. Ginifer Reserve, P. J. Lynch Reserve, R. J. Cooper Reserve, S. J. Clement Reserve, W. L. J. Crofts Reserve, Altona Miniature Railway and several schools.

Specific Demographic details are available via this LINK

Download a full McArthurs Business Park Property Pack at www.mcarthurspark.com.au