60 Annandale Road
Location
The property is located within Melbourne Airport Business Park, an industrial precinct, approximately 16 kilometres north of the Melbourne CBD. The location is sought after due to its close proximity to the airport and surrounding key roadways. It has easy access to the Western Ring Road, Tullamarine Freeway and Calder Highway.
Description
This purpose-built factory and warehouse, constructed in 2003, includes offices and staff amenities and features a high-capacity electrical power supply. Front and rear loading is provided.
This asset is wholly owned by Growthpoint Properties Australia.
Asset summary
as at 30 June 2026
Sector
Industrial
Title
Leasehold
Site area
34,726 sqm
Lettable area
16,274 sqm
Occupancy
53 %
WALE (by income)
1.5 years
Major tenant
Jaguar Land Rover
Valuation summary
Book value
$ 9.6 m
Cap rate
9.42 %
Discount rate
7.25 %
Contact us
Location
The property is located within Melbourne Airport Business Park, an industrial precinct, approximately 16 kilometres north of the Melbourne CBD. The location is sought after due to its close proximity to the airport and surrounding key roadways. It has easy access to the Western Ring Road, Tullamarine Freeway and Calder Highway.
Description
This purpose-built factory and warehouse, constructed in 2003, includes offices and staff amenities and features a high-capacity electrical power supply. Front and rear loading is provided.
