447 Foleys Road,
Deer Park, VIC 3023
Warehouse, Factory & Industrial
Price information
Sale
Please contact agent
Key property information
Land area
Floor area
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Colliers - Sydney
Level 30, Grosvenor Place, 225 George StreetSYDNEY, NSW 2000
447 Foleys Road
Deer Park, VIC 3023
Map of 447 Foleys Road
Train stations within 5 km of 447 Foleys Road, Deer Park, VIC 3023 Distance Ardeer 1.4 km Deer Park 1.4 km Albion Station 3.5 km Ginifer Station 3.5 km Sunshine Railway Station 4.1 km POWERED BY HERE ©Bus stops within 5 km of 447 Foleys Road, Deer Park, VIC 3023 Distance Sirius CollegeFitzgerald Rd 485 m Melbourne Water/Fitzgerald Rd (Sunshine West) 511 m Fitzgerald Rd/Glengala Rd (Sunshine West) 617 m Murray StFitzgerald Rd 646 m Joan StFitzgerald Rd 664 m POWERED BY HERE ©
POWERED BY HERE ©
Defensive Long-Term Sale & Leaseback
- Long-term leaseback to blue-chip tenant
- Significant net income of $3,794,280
- Purpose-built manufacturing
Colliers Industrial & Logistics Capital Markets are pleased to present to the market for sale 447 Foleys Road, Deer Park.
This long-term sale & leaseback is supported by a blue-chip global tenant covenant within a highly defensive manufacturing sector, located within one of Melbourne’s best performing institutional-grade logistics investment markets.
Further key investment highlights include:
• Secure 8-year leaseback to Australia’s largest mattress and foam manufacturer in Australasia, with operations across Asia Pacific.
• Net income of $3,794,280 ($140/m²) per annum supported by a strong rental review structure providing defensive income growth.
• Purpose-built manufacturing and distribution facility providing a Gross Lettable Area (GLA) of 27,102m², with built-in future flexibility.
• Commanding land rich land holding totalling 60,000m² over a single title, providing immediate scale within a tightly held market.
• Prominent positioning on Foleys Road, a main thoroughfare road within the Deer Park industrial precinct, home to many well-known occupiers including Mainfreight, Linfox, eStore Logistics and Silk Logistics.
All figures are approximate.
447 Foleys Road, Deer Park will be offered for sale via an International Expressions of Interest campaign closing 3:00 pm (AEST) Friday, 23rd August 2024.
To request further due diligence information or to arrange an inspection, contact the exclusive Colliers selling agents.
This long-term sale & leaseback is supported by a blue-chip global tenant covenant within a highly defensive manufacturing sector, located within one of Melbourne’s best performing institutional-grade logistics investment markets.
Further key investment highlights include:
• Secure 8-year leaseback to Australia’s largest mattress and foam manufacturer in Australasia, with operations across Asia Pacific.
• Net income of $3,794,280 ($140/m²) per annum supported by a strong rental review structure providing defensive income growth.
• Purpose-built manufacturing and distribution facility providing a Gross Lettable Area (GLA) of 27,102m², with built-in future flexibility.
• Commanding land rich land holding totalling 60,000m² over a single title, providing immediate scale within a tightly held market.
• Prominent positioning on Foleys Road, a main thoroughfare road within the Deer Park industrial precinct, home to many well-known occupiers including Mainfreight, Linfox, eStore Logistics and Silk Logistics.
All figures are approximate.
447 Foleys Road, Deer Park will be offered for sale via an International Expressions of Interest campaign closing 3:00 pm (AEST) Friday, 23rd August 2024.
To request further due diligence information or to arrange an inspection, contact the exclusive Colliers selling agents.
Property ID: 504645272Last Updated: 26 Jul 2024
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
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