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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.
Asset summary
as at 30 June 2020
Title
Freehold
Site area
26,181 sqm
Lettable area
12,864 sqm
Occupancy
100 %
WALE (by income)
8.5 years
Major tenant
Symbion
Valuation summary
Book value
$ 28.4 m
Valuation date
30-Jun-20
Cap rate
5.25 %
Discount rate
6.50 %
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.