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447 Foleys Road Deer Park, VIC 3023

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447 Foleys Road,
Deer Park, VIC 3023

Warehouse, Factory & Industrial

Price information

Sale

Please contact agent

Key property information

Land area

Floor area

Private inspections

to arrange a private inspection.

Map of 447 Foleys Road

Directions
  • Train stations within 5 km of 447 Foleys Road, Deer Park, VIC 3023Distance
    Ardeer1.4 km
    Deer Park1.5 km
    Albion Station3.5 km
    Ginifer Station3.5 km
    Sunshine Railway Station4.1 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 447 Foleys Road, Deer Park, VIC 3023Distance
    Sirius CollegeFitzgerald Rd485 m
    Melbourne Water/Fitzgerald Rd (Sunshine West)511 m
    Fitzgerald Rd/Glengala Rd (Sunshine West)617 m
    Murray StFitzgerald Rd646 m
    Joan StFitzgerald Rd664 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.

Property ID: 504645272Last Updated: 26 Jul 2024

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447 Foleys Road
Deer Park, VIC 3023
Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
Colliers - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000

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