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348 Cooper Street
Epping VIC 3076
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348 Cooper Street Epping VIC 3076

  • Factory, Warehouse & Industrial
  • 13,725 m²
  • Expressions of Interest

Multi-tenanted Investment Opportunity

  • Scale in a well established location
  • Short WALE with positive rental uplift
  • Multi-let, providing defensive cashflows

CBRE is pleased to offer for sale, Gateway Distribution Centre located at 348 Cooper Street, Epping, featuring a multi-tenanted warehouse/office and large format retail facility. The property is offered for sale by an Expressions of Interest campaign closing Monday 25th March 2024 at 4:00pm AEDT.

Opportunity highlights:
+ Highly exposed 2.52ha* site, boasting three street frontages
+ Multi-tenanted facility with a total GLA of 13,725 sqm*
+ Short WALE of 2.8 years with a Net Passing Income of $1,567,445 per annum
+ Considered significantly underlet, with potential for strong rental reversion of approximately 20%+
+ Staggered lease expiries providing defensive cashflows
+ Current market vacancy sub 1%, supporting sentiment for long term rental growth
+ Immediate access to major arterials including Western Ring Road, Tullamarine Freeway, and the Hume Highway
+ Zoned Comprehensive Development Zone 2

EXPRESSION OF INTEREST

Closing date and time25/03/2024 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Floor Area13,725 m²
Land Area2.52 ha
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019077275
Category
 Factory, Warehouse & Industrial
Last updated  26 Feb 2024
Map for 348 Cooper Street Epping VIC 3076

Property Highlights

Floor Area13,725 m²
Land Area2.52 ha
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019077275
Category
 Factory, Warehouse & Industrial
Last updated  26 Feb 2024
Level 34, 8 Exhibition Street Melbourne VIC 3000
Agency profile

Ask Daniel Eramo about this property

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Property FAQs

The agent has not listed a sale price for 348 Cooper Street Epping VIC 3076. Contact the agent for a price guide.
The floor area for 348 Cooper Street Epping VIC 3076 is 13,725 m².
The land area of 348 Cooper Street Epping VIC 3076 is 2.52 ha.
Yes, there is on-site parking space available at 348 Cooper Street Epping VIC 3076.
348 Cooper Street Epping VIC 3076 is currently tenanted.
The property highlights for 348 Cooper Street Epping VIC 3076 are 'Scale in a well established location', 'Short WALE with positive rental uplift' and 'Multi-let, providing defensive cashflows'.
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