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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

The property was constructed in 2014 and comprises an office/warehouse facility.

Asset summary
as at 31 December 2019
Title
Freehold
Site area
11,650 sqm
Lettable area
6,455 sqm
Occupancy
-
WALE (by income)
-
Major tenant
Vacant
Valuation summary
Book value
$ 8.2 m
Valuation date
31-Dec-19
Cap rate
6.25 %
Discount rate
7.00 %