Gibson Property Corporation (GPC) and McMillan Property Group (MPG) are pleased to announce The Hive, an exciting new business destination situated within the highly sought-after South Morang Activity Centre, 33 Danaher Drive, South Morang. The South Morang activity centre is located within one of Australia’s fastest growing suburbs.
This development provides an efficient and practical solution for many business types, designed by innovative architects Watson Young. During the construction phase, The Hive will create approximately 150-200 new jobs in the area. In total, the development will comprise of 15 storage facilities, 28 office and warehouse spaces and 5 showrooms. There will only be a very limited sales release, buyers may select one of 14 premium warehouses. Tennants will have the opportunity to secure an extremely affordable lone-term lease for the other spaces.
The Hive is located less than 1km from the South Morang Train Station and has a Smartbus stop on its doorstep. Additionally, the Melbourne CBD is easily accessible via major arterials such as the Metropolitan Ring Road and Plenty Road.
Texco Constructions have been appointed as the building contractor who have commenced construction with an expected completion time of late 2018.
Gary McMillan of MPG said, ‘South Morang is and was always going to be one of the better designation points in the North East of Melbourne, The investment opportunities are very sound as most major automotive houses have committed to South Morang. This quality development will do well and its excellent location supports the growth opportunities in South Morang.’
Source: The Indian Weekly, issue 178, 16th March 2018
Link: http://theindianweekly.com.au/issue-178/#fb0=7
The Hive website: http://www.hivesouthmorang.com/