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Location

The property is located approximately 26 kilometres from the Melbourne CBD and has access to one of Melbourne’s 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 31 December 2019
Title
Freehold
Site area
14,750 sqm
Lettable area
8,040 sqm
Occupancy
100 %
WALE (by income)
1.2 years
Major tenant
Orora
Valuation summary
Book value
$ 12.8 m
Valuation date
31-Dec-19
Cap rate
5.75 %
Discount rate
7.00 %