FOR SALE VIA A GLOBAL EXPRESSIONS OF INTEREST CLOSING THURSDAY 24 MAY 2018 AT 4:00PM (AEST)
JLL & CBRE are pleased to exclusively offer the Kmart Distribution Centre, in Truganina VIC.
Key features:
• Core distribution centre fully leased to Kmart Australia Ltd
(subsidiary of ASX listed Wesfarmers Limited)
• Substantial GLA of 76, 938 sqm set upon an expansive 146,200 sqm allotment
• Extensive WALE of 7.9 years (as at 1 April 2018), with strong 3.0% annual rental reviews
• Passing income of $6,485,152 per annum net
• Expansion land of 5,200 sqm suitable for additional hardstand with rental upside
• Located 15 minutes from the Port of Melbourne
• Strategically positioned within Melbourne’s western arterial road and infrastructure network
• Rare opportunity to acquire genuine scale in the core Australian logistics market
For an information memorandum, contact listing agents on details below.