31 Garden Street
Location
The property is located in Kilsyth approximately 34 kilometres east of the Melbourne CBD, in a well-established industrial area with nearby access to the Maroondah Highway.
Description
This steel frame warehouse was constructed in 1990 and was refurbished and extended in 2005. The property is used for manufacturing and storage and includes laboratory areas, an office and on-site parking. A c.100kW solar PV array was installed by the tenant.
This asset is wholly owned by Growthpoint Properties Australia.
Asset summary
as at 30 June 2026
Sector
Industrial
Title
Freehold
Site area
17,610 sqm
Lettable area
9,239 sqm
Occupancy
100 %
WALE (by income)
2.4 years
Major tenant
Cummins Filtration
Valuation summary
Book value
$ 21.8 m
Cap rate
6.25 %
Discount rate
7.75 %
Contact us
Location
The property is located in Kilsyth approximately 34 kilometres east of the Melbourne CBD, in a well-established industrial area with nearby access to the Maroondah Highway.
Description
This steel frame warehouse was constructed in 1990 and was refurbished and extended in 2005. The property is used for manufacturing and storage and includes laboratory areas, an office and on-site parking. A c.100kW solar PV array was installed by the tenant.
