120-132 Atlantic Drive
Location
The property is situated within the Key Industrial Park, a sought-after location, approximately 30 kilometres south-east of the Melbourne CBD. It has easy access to EastLink, Dandenong Bypass and South Gippsland Highway.
Description
Constructed in 2013, this high-spec distribution facility comprises ambient and temperature-controlled environments and high-bay clearance. In 2022 an expansion of the facility was completed adding 2,910 sqm of GLA and a rooftop 330KW solar PV array.
This asset is wholly owned by Growthpoint Properties Australia.
Asset summary
as at 30 June 2026
Sector
Industrial
Title
Freehold
Site area
26,181 sqm
Lettable area
15,781 sqm
Occupancy
100 %
WALE (by income)
5.5 years
Major tenant
Symbion
Valuation summary
Book value
$ 42.2 m
Cap rate
5.75 %
Discount rate
7.50 %
Contact us
Location
The property is situated within the Key Industrial Park, a sought-after location, approximately 30 kilometres south-east of the Melbourne CBD. It has easy access to EastLink, Dandenong Bypass and South Gippsland Highway.
Description
Constructed in 2013, this high-spec distribution facility comprises ambient and temperature-controlled environments and high-bay clearance. In 2022 an expansion of the facility was completed adding 2,910 sqm of GLA and a rooftop 330KW solar PV array.
