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The property incorporates a two-storey office and adjoining high clearance warehouse, which is used for manufacturing and storage. It is located approximately 26 kilometres south-east of the Melbourne CBD. There is delineated car parking for approximately 168 vehicles, including three garages and eight car port spaces.


Property information

This property information is current at 31 March 2020. We are not aware of any change to these details at the time of publishing.

Property details

  • Lettable Area (sqm)
    12,398
  • Major tenant
    Regal Beloit Australia
  • No. of Tenants
    1
  • Occupancy Rate by income (%)
    100.0
  • Weighted Average Lease Expiry by income (years)
    1.8
  • Current Valuation ($m)
    17.5
  • Valuation date
    May-20
  • Capitalisation Rate %
    6.75
  • Book Value ($m)
    17.5

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