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85 Mt Derrimut Road, Deer Park
Oxford Property secured a 10-year pre-lease for a dual-tenancy service station and automotive facility, attracting Caltex and My Car Auto as anchor tenants.
Positioned on a major arterial in Melbourne’s west, the site offered exceptional exposure and accessibility.
Through targeted tenant engagement, and strategic negotiation, both tenants committed prior to construction, providing long-term rental certainty and mitigating development risk.
Oxford Property collaborated with the clients consultants, coordinating design, planning, and fit-out requirements to meet each tenant’s operational needs while optimizing site utilization.
Challenges:
- Client acquired 2ha super lot and required pre-commitments for bank funding
Key Outcomes:
- Secured two national tenants on 10-year terms
- Reduced vacancy risk pre-construction
- Maximized long-term rental income