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A substantial industrial site at one of the locations slated for a stop on the coming Inland Rail project has come to market.
The 196ha industrial parcel at 24A, 25A and Lot 1 Benalla-Yarrawonga and Murray roads, Benalla is being offered for sale via an expressions-of-interest campaign by Jones Real Estate.
Work on the second half of the Victorian section of the $31-billion Inland Rail project is under way and expected to cost $470 million.
Benalla station (pictured) is among those on the route to be upgraded in this second tranche, which is scheduled to complete in 2027.
The town, about 210km north-east of Melbourne and 660km south-west of Sydney by road, was strategically located for warehousing, distribution and manufacturing businesses seeking scalable, cost-effective landholdings near major transport arteries, the agents said
Comprising two individual land parcels—one title zoned Industrial 2 (IN2Z) and the other zoned Industrial 1 (IN1Z)—the site on offer “can deliver flexibility for a wide range of industrial, logistics, manufacturing or developments”, the agents said.
“Within the Benalla Rural City Council, and on the doorstep of Benalla’s town centre, Benalla Airport and the Melbourne-Albury train line, the site offers exceptional connectivity and seamless access to Australia’s Eastern Seaboard.”
It also is near the Hume Freeway, offering access to major freight corridors, supporting future logistics and supply chain operations.
Benalla, as a key regional business hub, is home to established occupiers including LS Precast, Winton Solar Farm, Forest One, and Thales Australia.
This strong existing industrial presence underpinned the area’s capacity for continued growth and investment, reinforcing the site’s long-term strategic value, Jones Real Estate director Tim Spargo said.
“This is one of the most significant industrial land offerings we’ve seen in regional Victoria in recent years,” he said
“The size, zoning flexibility and connectivity of this site will appeal to a wide variety of buyers looking to capitalise on infrastructure-led growth and long-term demand for logistics and industrial space.”
