Skip to main content
Location

The property is situated in the Kingston Business Park, approximately 27 kilometres from the Melbourne CBD, and has access to one of Melbourneís largest roadways, EastLink.

Description

This property was constructed in 2009 and comprises an office building with warehouse facility to the rear. Extensive on site parking is provided. The property includes adjoining expansion land of approximately 5,750 sqm.

Asset summary
as at 30 June 2020
Title
Freehold
Site area
40,844 sqm
Lettable area
22,009 sqm
Occupancy
100 %
WALE (by income)
5.3 years
Major tenant
Brown & Watson International
Valuation summary
Book value
$ 46.0 m
Valuation date
30-Jun-20
Cap rate
5.75 %
Discount rate
6.75 %
Location

The property is situated in the Kingston Business Park, approximately 27 kilometres from the Melbourne CBD, and has access to one of Melbourneís largest roadways, EastLink.

Description

This property was constructed in 2009 and comprises an office building with warehouse facility to the rear. Extensive on site parking is provided. The property includes adjoining expansion land of approximately 5,750 sqm.