Cadrys Roll Out the Rug at Noble Park

Sydney based rug importer Cadrys, has paid $2.5 million for an industrial facility at Noble Park in Melbourne’s south-eastern suburbs in a deal brokered by Savills Australia.

The 130 Browns Road property, comprises a 2,561 square metre building, including 610 square metres of office space and a 1,951 square metre warehouse, on a 4,296 square metre site with 56 metres frontage to Browns Road, and 39 car spaces.

According to Savills Keith Kooloos, the property offered the tenant room to accommodate its stock and provided ample office space with room for a showroom and plenty of staff and customer parking.

He said the significant Browns Road frontage offered the tenant the option to utilize part of the office component as a showroom space with exposure to a busy interconnector between the Princes Highway and Monash Freeway.

“This was a very good fit for Cadrys in a location which provides both excellent exposure and quick access to major transport routes across Melbourne’s busy south-eastern corridor,” Mr Kooloos said.

He said the high office component, dual loading points, sunken loading dock, drive-in loading bay, and high car parking ratio were additional features providing the property with greater utility.

The property was sold with vacant possession.