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Cushman & Wakefield - Melbourne

42 Northey Road Lynbrook, VIC 3975

Directions

42 Northey Road,
Lynbrook, VIC 3975

Warehouse, Factory & Industrial

Price information

Sale - Expression of Interest

Contact agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$555,488
Number of Tenants
2 Tenants

Private inspections

to arrange a private inspection.
Cushman & Wakefield - Melbourne
Chris Jones
Charlie Holmes

Cushman & Wakefield - Melbourne

Level 9, 385 Bourke Street
MELBOURNE, VIC 3000
Cushman & Wakefield - Melbourne
42 Northey Road
Lynbrook, VIC 3975

Map of 42 Northey Road

Directions
  • Train stations within 5 km of 42 Northey Road, Lynbrook, VIC 3975Distance
    Lynbrook Station1.5 km
    Hallam Station3.6 km
    Merinda Park Railway Station (Cranbourne North)4.1 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 42 Northey Road, Lynbrook, VIC 3975Distance
    South Gippsland Hwy/McDowall Rd (Hampton Park)667 m
    Olive Rd/South Gippsland Hwy (Hampton Park)682 m
    Northey Rd/South Gippsland Hwy (Lynbrook)815 m
    Central Rd/McDowall Rd (Hampton Park)819 m
    Cairns Rd/McDowall Rd (Hampton Park)851 m
    POWERED BY HERE ©
POWERED BY HERE ©

High Exposure, Triple fronted, dual tenanted, South East investment

  • High exposure investment
  • Dual National tenants
  • Attractive 3-year WALE
Cushman & Wakefield Capital Markets Logistics & Industrial are pleased to exclusively offer for sale 42 Northey Road, Lynbrook. This high-exposure asset benefits from triple street frontage including 116 metres onto South Gippsland Fwy/Western Port Hwy as well as a dual tenant income stream. This location is considered one of Australia’s most sought-after industrial precincts, supported by robust tenant demand, diminishing land supply and excellent transport connectivity.

Key Investment Highlights include:
• High exposure, triple fronted, Commercial 2 Zone (C2Z) landholding of 1.25-hectares.
• Total frontage of 341 metres, along Northey Road (95 metres), Business Park Drive (123 metres) and Western Port Highway (123 metres).
• Two high quality office/warehouse facilities combining for a total GLA of 3,393 sqm.
• Strong national tenants in Austral Bricks (BrickWorks) & ARC (Infrabuild).
• Combined net income of $555,488 p.a.
• Attractive WALE of 3-years, providing significant short-term positive reversion.

The asset is being offered via an Expression of Interest (EOI) campaign closing Wednesday 20 November 2024 at 3pm AEST.

For further information please contact the below exclusive marketing agents.

Chris Jones | +61 477 881 8... | Chris.A.Jones@cushwake.com
Charlie Holmes | +61 439 334 1... | Charlie.Holmes@cushwake.com

Property ID: 504718688Last Updated: 5 Nov 2024

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