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Added 3 days ago
9-15 Foundation Road,
Truganina, VIC 3029
Warehouse, Factory & Industrial
Added 3 days ago
Price information
Sale - Expression of Interest closing Wed 18 Sep
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Cushman & Wakefield - Melbourne
Level 9, 385 Bourke StreetMELBOURNE, VIC 3000
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9-15 Foundation Road
Truganina, VIC 3029
Map of 9-15 Foundation Road
Train stations within 5 km of 9-15 Foundation Road, Truganina, VIC 3029 Distance Deer Park 4.1 km Ardeer 4.7 km POWERED BY HERE ©Bus stops within 5 km of 9-15 Foundation Road, Truganina, VIC 3029 Distance Opp 60-68 William Angliss Dr (Laverton North) 523 m 111 William Angliss Dr 1.1 km Norwest Ave/William Angliss Dr (Laverton North) 1.2 km Boundary Rd/William Angliss Dr (Laverton North) 1.3 km Boundary RdPalmers Rd 1.4 km POWERED BY HERE ©
POWERED BY HERE ©
The 2024 Australian Logistics Investment
- High quality industrial investment
- 100% occupied by Blue Chip tenant
- Future capital growth opportunities
Cushman & Wakefield Capital Markets Logistics & Industrial team are delighted to offer for sale 9-15 Foundation Road, Truganina, an outstanding low site coverage investment, fully leased to Blue Chip tenant Loscam Australia and located within Melbourne’s leading warehousing and distribution area and Australia’s fastest growing population corridor.
Importantly, there is an opportunity to purchase this facility at just above underlying land value and significantly below replacement cost.
Key Highlights include:
- High profile 3.15 hectares landholding with 130 metres street frontage.
- Expansive concrete hardstand areas with full drive around access.
- Existing GLA of 6,611 sqm with fully sprinklered and high clearance building.
- 100% occupied by Blue Chip tenant in Loscam Australia, Asia Pacific’s leader in pallet pooling services.
- Secure passing income of $1,270,159 p.a. with average rental growth of 4% p.a.
- Low site coverage of 21% with expansion potential of additional 10,900 sqm.
- Located only 16 km West of Melbourne CBD within one of Australia’s fastest growth corridors with forecast population growth of 46% over the next decade, significantly above the Melbourne Average of 19%.
- Outstanding access to major road network and infrastructure, including the $10 billion West Gate Tunnel Project and future proposed Western Interstate Freight Terminal (WIFT).
Note: all figures are approximate.
The asset is being offered via an International Expressions of Interest campaign closing Wednesday 18th September at 3pm AEST.
For further information please contact the below exclusive marketing agents.
Importantly, there is an opportunity to purchase this facility at just above underlying land value and significantly below replacement cost.
Key Highlights include:
- High profile 3.15 hectares landholding with 130 metres street frontage.
- Expansive concrete hardstand areas with full drive around access.
- Existing GLA of 6,611 sqm with fully sprinklered and high clearance building.
- 100% occupied by Blue Chip tenant in Loscam Australia, Asia Pacific’s leader in pallet pooling services.
- Secure passing income of $1,270,159 p.a. with average rental growth of 4% p.a.
- Low site coverage of 21% with expansion potential of additional 10,900 sqm.
- Located only 16 km West of Melbourne CBD within one of Australia’s fastest growth corridors with forecast population growth of 46% over the next decade, significantly above the Melbourne Average of 19%.
- Outstanding access to major road network and infrastructure, including the $10 billion West Gate Tunnel Project and future proposed Western Interstate Freight Terminal (WIFT).
Note: all figures are approximate.
The asset is being offered via an International Expressions of Interest campaign closing Wednesday 18th September at 3pm AEST.
For further information please contact the below exclusive marketing agents.
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Property ID: 504668084Last Updated: 22 Aug 2024
Cushman & Wakefield - MelbourneLevel 9, 385 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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