## 101-111 South Centre Road 

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#  101-111 South Centre Road

Melbourne Airport, VIC

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Location

The property is located within Melbourne Airport Business Park, an industrial precinct, approximately 16 kilometres north of the Melbourne CBD. The location is sought after due to its close proximity to the airport and surrounding key roadways. It has easy access to the Western Ring Road, Tullamarine Freeway and Calder Highway.

Description

Constructed in 2003, the property comprises a modern two-level office and warehouse facility and on-site parking. The property offers a large 'super awning' as well as recessed and on-grade loading docks.

This asset is wholly owned by Growthpoint Properties Australia.

Asset summary

as at 30 June 2026

Sector

Industrial

Title

Leasehold

Site area

24,799 sqm

Lettable area

14,082 sqm

Occupancy

100 %

WALE (by income)

1.4 years

Major tenant

Direct Couriers

Valuation summary

Book value

 $ 10.0 m

Cap rate

9.23 %

Discount rate

7.25 %

Contact us

![Andrew Fitt photo](https://growthpoint.com.au/sites/default/files/styles/goz_our_team/public/2026-07/Andrew-Fitt-web.jpg?h=3da94e8f&itok=walpbBRD)

Andrew Fitt

Portfolio Manager - Industrial

      +61 427 040 489

[         Contact via Email ](mailto:afitt@growthpoint.com.au)

Location

The property is located within Melbourne Airport Business Park, an industrial precinct, approximately 16 kilometres north of the Melbourne CBD. The location is sought after due to its close proximity to the airport and surrounding key roadways. It has easy access to the Western Ring Road, Tullamarine Freeway and Calder Highway.

Description

Constructed in 2003, the property comprises a modern two-level office and warehouse facility and on-site parking. The property offers a large 'super awning' as well as recessed and on-grade loading docks.

## -37.7007351, 144.8567496

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