Lots 2, 3 & 4, 34-44 Raglan Street
Location
The property is approximately nine kilometres north of the Melbourne CBD. The property has access to major roads and transport services making it desirable for inner city services.
Description
The property comprises three factory/warehouses and a small stand-alone two-level office. Lighting at the site has been upgraded to LEDs and the premises are fully sprinklered. The property offers institutional-grade accommodation in a tightly held 'infill' location.
This asset is wholly owned by Growthpoint Properties Australia.
Asset summary
as at 30 June 2026
Sector
Industrial
Title
Freehold
Site area
42,280 sqm
Lettable area
28,028 sqm
Occupancy
100 %
WALE (by income)
5.0 years
Major tenant
Panda Mart
Valuation summary
Book value
$ 61.3 m
Cap rate
5.75 %
Discount rate
7.50 %
Contact us
Location
The property is approximately nine kilometres north of the Melbourne CBD. The property has access to major roads and transport services making it desirable for inner city services.
Description
The property comprises three factory/warehouses and a small stand-alone two-level office. Lighting at the site has been upgraded to LEDs and the premises are fully sprinklered. The property offers institutional-grade accommodation in a tightly held 'infill' location.
