Skip to main content
Location
The property is situated approximately 26 kilometres east of the Melbourne CBD and has access to one of Melbourne's largest roadways, EastLink. The location is a well-established industrial area.
Description
Constructed in 2007, this office/warehouse facility features high-clearance accommodation, on-grade and recessed loading areas and drive around access.
Asset summary
as at 30 June 2024
Title
Freehold
Site area
12,795 sqm
Lettable area
7,677 sqm
Occupancy
100 %
WALE (by income)
3.1 years
Major tenant
Automotive Imports
Valuation summary
Book value
$ 19.5 m
Valuation date
30-Jun-24
Cap rate
5.25 %
Discount rate
7.00 %
Location
The property is situated approximately 26 kilometres east of the Melbourne CBD and has access to one of Melbourne's largest roadways, EastLink. The location is a well-established industrial area.
Description
Constructed in 2007, this office/warehouse facility features high-clearance accommodation, on-grade and recessed loading areas and drive around access.