1 West Park Drive,
Derrimut, VIC 3026
Warehouse, Factory & Industrial
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Map of 1 West Park Drive
Fully leased investment, prime corner site
+ Modern, high clearance industrial & logistics facility
+ Approximate 8.4 metre springing height to warehouse with 3 on-grade roller doors
+ Fully leased to national company Downer Utilities Australia
+ Net passing income of $700,400 p.a. ($69.50/m2) with future rental upside
+ WALE of 4.8 years (as at 1 June 2018)
+ Strong annual rental growth of 3.0%
+ GLA of 10,078 sqm*
+ Site area of 21,500 sqm*
+ Significant concrete, B-double compliant hardstand area adjacent the warehouse
+ On-site parking for 160* vehicles
+ Located approximately 20 kms* west of the Melbourne CBD with Australia’s logistics heartland
+ High exposure corner site at the entrance to “West Park Industrial Estate”, which is home to a wide range of significant national occupiers
+ Excellent connectivity to surrounding road networks and the Port of Melbourne
+ Significant infrastructure projects including the Westgate Tunnel Project to further enhance this precinct
+ “Industrial 2” Zone under the Brimbank Council Planning Scheme
*approximate
For sale by Public Tender (separately or in one line) campaign closing Thursday 12 July 2018 at 4.00pm (AEST)
+ Approximate 8.4 metre springing height to warehouse with 3 on-grade roller doors
+ Fully leased to national company Downer Utilities Australia
+ Net passing income of $700,400 p.a. ($69.50/m2) with future rental upside
+ WALE of 4.8 years (as at 1 June 2018)
+ Strong annual rental growth of 3.0%
+ GLA of 10,078 sqm*
+ Site area of 21,500 sqm*
+ Significant concrete, B-double compliant hardstand area adjacent the warehouse
+ On-site parking for 160* vehicles
+ Located approximately 20 kms* west of the Melbourne CBD with Australia’s logistics heartland
+ High exposure corner site at the entrance to “West Park Industrial Estate”, which is home to a wide range of significant national occupiers
+ Excellent connectivity to surrounding road networks and the Port of Melbourne
+ Significant infrastructure projects including the Westgate Tunnel Project to further enhance this precinct
+ “Industrial 2” Zone under the Brimbank Council Planning Scheme
*approximate
For sale by Public Tender (separately or in one line) campaign closing Thursday 12 July 2018 at 4.00pm (AEST)
Property ID: 502850218Last Updated: 18 Dec 2018
03 9672 66...
1 West Park Drive
Derrimut, VIC 3026
JLL - MelbourneLevel 33, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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