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DESCRIPTION:For Sale  Mortgagee in Possession | Two Premium Western Infill 
 Logistics Facilities\nActing under instructions from KordaMentha\, the Age
 nts for the Mortgagee in Possession\, Cushman & Wakefield and Colliers are
  pleased to present the opportunity to acquire 10-16 Fulton Drive\, Derrim
 ut\, comprising two modern\, freestanding logistics facilities in Melbourn
 e's established western infill market.\n\nConstructed in 2020\, the proper
 ty comprises two prime\, full concrete panel office/warehouses totaling 20
 \,031 sqm of GLA on a substantial 37\,940 sqm landholding. Each high-quali
 ty facility provides high-clearance and strong cubic capacity\, ESFR-sprin
 klered accommodation\, multiple loading bays with complete all-weather loa
 ding via oversized super canopies\, and full drive-around access\, creatin
 g highly functional accommodation suitable for a broad range of logistics\
 , distribution and industrial users.\n\nKey investment highlights include:
 \n- Prime-quality improvements - Two modern\, freestanding facilities feat
 uring high-clearance warehousing\, ESFR sprinklers\, extensive super canop
 ies\, multiple loading positions and full drive-around access.\n- Substant
 ial infill landholding - A 37\,940 sqm (3.79 ha) site within the establish
 ed Gilbertson Industrial Estate\, approximately 15 kilometers west of Melb
 ourne's CBD.\n- Existing income with flexibility - Short WALE of 0.65 year
 s offers immediate income while allowing flexibility for occupation or sho
 rt-term value-enhancement initiatives\, including future subdivision and s
 ell-down or strategic leasing.\n- Embedded rental reversion - Net passing 
 income of $125 psm GLA compared with estimated net market income of $150 p
 sm GLA.\n- Income Security from Strong Covenants - Fully occupied by Riceg
 rowers Limited (SunRice) and Asahi Holdings (Australia) Pty Ltd\, providin
 g a high-quality income profile underpinned by major global food and bever
 age groups.\n- Functional logistics accommodation - 20\,031 sqm of total G
 LA supported by approximately 6\,163 sqm of over-sized all-weather super c
 anopies\, six loading bays and B-double capable drive-around access.\n- St
 rategic optionality - Two separately configured buildings support investme
 nt\, re-leasing and owner-occupation strategies across one or both facilit
 ies.\n- Exceptional connectivity - Efficient access to the Western Freeway
  (M8)\, Western Ring Road (M80) and West Gate Freeway / Princes Freeway (M
 1)\, connecting with the Port of Melbourne\, Melbourne Airport and metropo
 litan population catchments.\n- Discount to replacement cost - An opportun
 ity to acquire modern logistics improvements at a compelling discount to t
 he estimated cost of replacing equivalent land and buildings.\n\n10-16 Ful
 ton Drive\, Derrimut is offered for sale via an Expressions of Interest ca
 mpaign closing Wednesday\, 18 November 2026 at 3:00pm (AEDT).\n\nFor furth
 er information or to arrange an inspection please contact the exclusive ma
 rketing agents.\n\n*All figures are approximates
DTEND:20261118T150000
DTSTAMP:20261021T014253Z
DTSTART:20261118T150000
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SUMMARY:Expression Of Interest: 10-16 Fulton Drive\, Derrimut VIC
UID:CRE-2021259344-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>For Sale  Mortgagee in Possession | T
 wo Premium Western Infill Logistics Facilities <br/> Acting under instruct
 ions from KordaMentha\, the Agents for the Mortgagee in Possession\, Cushm
 an & Wakefield and Colliers are pleased to present the opportunity to acqu
 ire 10-16 Fulton Drive\, Derrimut\, comprising two modern\, freestanding l
 ogistics facilities in Melbourne's established western infill market. <br/
 >  <br/> Constructed in 2020\, the property comprises two prime\, full con
 crete panel office/warehouses totaling 20\,031 sqm of GLA on a substantial
  37\,940 sqm landholding. Each high-quality facility provides high-clearan
 ce and strong cubic capacity\, ESFR-sprinklered accommodation\, multiple l
 oading bays with complete all-weather loading via oversized super canopies
 \, and full drive-around access\, creating highly functional accommodation
  suitable for a broad range of logistics\, distribution and industrial use
 rs. <br/>  <br/> Key investment highlights include: <br/> - Prime-quality 
 improvements - Two modern\, freestanding facilities featuring high-clearan
 ce warehousing\, ESFR sprinklers\, extensive super canopies\, multiple loa
 ding positions and full drive-around access. <br/> - Substantial infill la
 ndholding - A 37\,940 sqm (3.79 ha) site within the established Gilbertson
  Industrial Estate\, approximately 15 kilometers west of Melbourne's CBD. 
 <br/> - Existing income with flexibility - Short WALE of 0.65 years offers
  immediate income while allowing flexibility for occupation or short-term 
 value-enhancement initiatives\, including future subdivision and sell-down
  or strategic leasing. <br/> - Embedded rental reversion - Net passing inc
 ome of $125 psm GLA compared with estimated net market income of $150 psm 
 GLA. <br/> - Income Security from Strong Covenants - Fully occupied by Ric
 egrowers Limited (SunRice) and Asahi Holdings (Australia) Pty Ltd\, provid
 ing a high-quality income profile underpinned by major global food and bev
 erage groups. <br/> - Functional logistics accommodation - 20\,031 sqm of 
 total GLA supported by approximately 6\,163 sqm of over-sized all-weather 
 super canopies\, six loading bays and B-double capable drive-around access
 . <br/> - Strategic optionality - Two separately configured buildings supp
 ort investment\, re-leasing and owner-occupation strategies across one or 
 both facilities. <br/> - Exceptional connectivity - Efficient access to th
 e Western Freeway (M8)\, Western Ring Road (M80) and West Gate Freeway / P
 rinces Freeway (M1)\, connecting with the Port of Melbourne\, Melbourne Ai
 rport and metropolitan population catchments. <br/> - Discount to replacem
 ent cost - An opportunity to acquire modern logistics improvements at a co
 mpelling discount to the estimated cost of replacing equivalent land and b
 uildings. <br/>  <br/> 10-16 Fulton Drive\, Derrimut is offered for sale v
 ia an Expressions of Interest campaign closing Wednesday\, 18 November 202
 6 at 3:00pm (AEDT). <br/>  <br/> For further information or to arrange an 
 inspection please contact the exclusive marketing agents. <br/>  <br/> *Al
 l figures are approximates</P></body></html>
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