Williams Landing welcomes next strata office to its masterplan
5 May 2019
We’re pleased to announce construction has commenced on our fourth standalone commercial building in Williams Landing in response to the strong demand for office space in Melbourne’s west.
The commercial building, located at 101 Overton Road, is over 55 per cent pre-sold and will bring an additional 6,000 m2 of high-quality strata office space to Williams Landing, welcoming a mix of small to medium-sized businesses.
Comprising 71 separate strata office suites, the building will also feature ground floor retail premises, with café and restaurant facilities.
This signifies a major milestone in the expansion of Williams Landing’s growing commercial precinct, which was celebrated on site at a sod turning ceremony attended by Wyndham City Council Mayor, Cr Mia Shaw and Cedar Woods Victorian State Manager, Lloyd Collins.
Lloyd Collins said that the next strata building at 101 Overton Road aligns with Cedar Woods’ growth strategy and reinforces the developer’s commitment to meeting the needs of the emerging commercial demand in the west.
“As more and more businesses choose to decentralise, we are witnessing strong demand for office space in Williams Landing – which has become one of Melbourne’s fastest growing commercial precincts. Our rail and road connection, future commercial masterplan capacity and existing amenities are all in strong demand from small and large businesses,” said Collins.
Currently 65.5 per cent of Wyndham residents commute daily to jobs outside the municipality, and according to Collins, Williams Landing is becoming a community where residents can live and work locally.
Speaking at the event, Wyndham City Mayor, Cr Mia Shaw said Council was serious about bringing jobs to its residents, saving them from spending hours each week crammed in a train or sitting in traffic.
“Wyndham has experienced strong employment growth of over 50 per cent over the past five years and it is developments of this nature and the growth of Williams Landing as a commercial hub that is contributing significantly to this trend,” Cr Shaw said.
Collins added that the new strata office building at 101 Overton Road complements the evolution of Cedar Woods’ broader masterplan for Williams Landing.
“As a true mixed-use development, Williams Landing is a unique growth suburb in Wyndham City Council with a mix of retail, commercial and residential uses. As such, we are committed to quality, sustainability and community – and this commercial building represents the next step in our masterplan to create a self-sustaining and vibrant precinct, whilst also offering strong investment opportunities for purchasers,” adds Collins.
With a portfolio of four standalone commercial buildings and another within the Shopping Centre, this latest project furthers Cedar Woods’ strong track record of developing in-demand office space in Melbourne’s west.
In addition to this new strata office at 101 Overton Road, Cedar Woods’ commercial portfolio in Williams Landing consists of the new Target Australia Headquarters which opened its doors to 850 staff last year, an office building within the Williams Landing Shopping Centre, and two buildings which are currently under construction – 111 Overton Road (a strata building which completely sold out prior to construction) and 107 Overton Road (fully leased to the Victorian Government’s Minister for Finance).