Merrifield Business Park South Sold Out
Merrifield Business Park South has officially sold out, marking a significant milestone for one of Melbourne’s fastest‑growing industrial precincts, with Scope Property Partners and Colliers completing the final transactions on behalf of developers MAB and Gibson Property Corporation.
Delivered within Victoria’s largest master‑planned mixed‑use development, Merrifield Business Park South comprises a diverse range of industrial lots from 1,250 square metres to 7,053 square metres, and has been met with sustained demand from both owner‑occupiers and investors. The sell‑out underscores the strength of Melbourne’s northern industrial market, driven by logistics, manufacturing and service businesses seeking proximity to key transport corridors and a growing workforce.
The strong market response reflects the combination of scale, infrastructure and strategic location, which has attracted national owner‑occupiers, logistics operators and investors seeking long‑term certainty in a rapidly maturing precinct.
Market attention now turns to the next limited opportunity within the Merrifield precinct, Stage 3 at Aitken Junction, being brought to market by Scope Property Partners in conjunction with Colliers.
Stage 3 represents the latest land release at Aitken Junction and comprises five industrial allotments ranging from approximately 1,509 square metres to 1,811 square metres. Previous stages have experienced significant demand, with more than 25 of the 30 available lots already sold. Positioned to benefit from the same connectivity and amenity that has driven the success of Merrifield Business Park South, Aitken Junction presents one of the final opportunities to secure industrial land within this tightly held market.
Scope Managing Director Matt Alderman said, “Only a handful of opportunities are available at Aitken Junction, and interest has been immediate. Buyers recognise the value in securing a foothold in Merrifield, whether for owner‑occupation or long‑term investment, particularly given the precinct’s proven performance and future growth trajectory.”
Located with direct access to the Hume Freeway and Donnybrook Road, Merrifield has cemented its position as a leading industrial and commercial hub, supported by a thriving town centre and rapidly expanding residential community. From the precinct, businesses can reach approximately 60 per cent of Melbourne’s population within a one‑hour drive, offering significant supply chain and workforce advantages.
Developed by MAB and Gibson Property Corporation, Merrifield Business Park forms part of the broader 900‑hectare Merrifield master‑planned community, which continues to evolve as a major employment hub for Melbourne’s north. The precinct is home to major occupiers including Ford, Dulux, D’Orsogna and Stellantis, with Sunny Queen Farms soon to join, reinforcing its position as a destination for leading national and international businesses.