Skip to main content
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 was constructed in 1981. It features three access points and comprises office/warehouse facilities.

Asset summary
as at 31 December 2019
Title
Freehold
Site area
42,280 sqm
Lettable area
27,978 sqm
Occupancy
100 %
WALE (by income)
4.3 years
Major tenant
Paper Australia
Valuation summary
Book value
$ 35.0 m
Valuation date
31-Dec-19
Cap rate
6.00 %
Discount rate
6.75 %
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 was constructed in 1981. It features three access points and comprises office/warehouse facilities.