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Location
The property is located approximately 26 kilometres from the Melbourne CBD and has access to one of Melbourneís largest roadways, EastLink.
Description
This office/warehouse facility was constructed in 2000. The site features two street frontages and has on site parking.
Asset summary
as at 30 June 2020
Title
Freehold
Site area
14,750 sqm
Lettable area
8,040 sqm
Occupancy
100 %
WALE (by income)
0.7 years
Major tenant
Opal Packaging
Valuation summary
Book value
$ 12.6 m
Valuation date
30-Jun-20
Cap rate
5.75 %
Discount rate
6.50 %
Location
The property is located approximately 26 kilometres from the Melbourne CBD and has access to one of Melbourneís largest roadways, EastLink.
Description
This office/warehouse facility was constructed in 2000. The site features two street frontages and has on site parking.