42 Northey Road,
Lynbrook, VIC 3975
Warehouse, Factory & Industrial
Price information
Sale - Expression of Interest closing Wed 20 Nov
Contact agent
Key property information
Land area
Floor area
Property extent
Tenure type
Expression of Interest
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Cushman & Wakefield - Melbourne
Level 9, 385 Bourke StreetMELBOURNE, VIC 3000
42 Northey Road
Lynbrook, VIC 3975
Map of 42 Northey Road
Train stations within 5 km of 42 Northey Road, Lynbrook, VIC 3975 Distance Lynbrook Station 1.5 km Hallam Station 3.6 km Merinda Park Railway Station (Cranbourne North) 4.1 km POWERED BY HERE ©Bus stops within 5 km of 42 Northey Road, Lynbrook, VIC 3975 Distance 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
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: 22 Oct 2024
Cushman & Wakefield - MelbourneLevel 9, 385 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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