Strong leasing momentum continues in Melbourne

13 June 2025

  • Rubix Connect industrial estate in Melbourne’s southeast is now fully leased, with GPC Asia Pacific and SJ Display Group occupying the remaining lots   
  • A pre-lease agreement has been signed with Australian retailer Strand at 4Ten Epping

 

Frasers Property Industrial has maintained its strong performance in Melbourne with several new pre-lease and speculative lease agreements. Rubix Connect in Dandenong South is now fully leased, following recent transactions with GPC Asia Pacific and SJ Display Group. 

 

GPC Asia Pacific, a leading supplier of industrial and automotive parts and services, has secured a lease for an 11,345 sqm speculative building, which will be occupied by its subsidiary Auto Parts Group. The facility is set for practical completion in July 2025. 

 

Meanwhile, SJ Display Group, an innovative global designer, manufacturer, and distributor of retail display solutions, has committed to an 8,590 sqm speculative facility. These transactions point to the growing demand for well-designed, high-quality industrial assets in Victoria’s southeast. 

 

Rubix Connect, launched in 2020, has achieved remarkable leasing success. The estate is home to several major brands, including Freedom Australia, Penguin Random House, and IVE Group, solidifying its reputation as the region’s premier industrial hub. 

 

At 4Ten Epping, Frasers Property Industrial has successfully secured a 28,740 sqm pre-lease deal with Strand, one of Australia’s largest retailers of bags and accessories. The new facility will feature extensive automation and is set to become Strand’s national distribution centre. Additionally, a 308kW solar system is being installed specifically for Strand’s use, enabling the tenant to operate with enhanced energy efficiency. The facility is scheduled for completion in August 2026. 

 

Andrew Hanna, General Manager – Victoria at Frasers Property Industrial, said, “It’s fantastic to track the progress we’re making with leasing across Victoria, particularly at Rubix Connect and 4Ten Epping. These recent deals show the trust and confidence our customers have in us as providers of premium industrial spaces that meet their unique needs. Our premium product and high-quality solutions have been well received by our customers and we're proud to be creating future-proof industrial spaces in Victoria."

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