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5-7 Leslie Road & 6-10 Pipe Road Laverton North VIC 3026

  • Factory, Warehouse & Industrial
  • 14,747 m²
  • For Sale, Contact Agent

13 year Triple Net Lease Strategic Inner Western Melbourne Infill Location

  • Austco Polar a subsidiary of ASX
  • Strategic land holding, dual frontage
  • Strong fixed rental growth of 3.5% p.a

JLL Capital Markets Industrial & Logistics team, in conjunction with Dawkins Occhiuto, is pleased to offer for sale 5-17 Leslie Road & 6-10 Pipe Road, Laverton North, Victoria. Located within a premium inner western Melbourne precinct, which is critical to tenant requirements, the asset provides a cold storage and blast freezing facility and is 100% leased to Austco Polar, a subsidiary of ASX listed Wingara AG Ltd (ASX:WNG).

Key Investment Highlights for 5-17 Leslie Road & 6-10 Pipe Road, Laverton North, Victoria include:

Long Lease to Austco Polar, a subsidiary of ASX Listed Entity Wingara AG Ltd.
Significant 13 year lease structured on a Triple Net basis.
Fixed rental growth of 3.5% p.a. providing an attractive running yield.
Passing income of $1,921,748 p.a. (as at August 2021) with positive future rental reversion.
Fit for purpose improvements including blast freezers critical to tenant requirements.
Strategic Industrial 2 Zoned land holding of 3.03 hectares with dual street frontages.
Situated across five separate (5) titles allowing for potential future sell down.
Direct access to Australia's busiest port (Port of Melbourne) which is crucial to tenant requirements.
Operational longevity with the site being used for processing and cold storage since the 1960's.
*all figures are approximate 

The property is being offered via an International Expressions of Interest campaign closing Wednesday 1 9 th May 2021 at 3pm AEST .

For further information please contact the below exclusive marketing agents.

Chris Jones
Dawkins Occhiuto
Chris Jones
Dawkins Occhiuto
Andrew Dawkins
Dawkins Occhiuto
Andrew Dawkins
Dawkins Occhiuto
Adrian Rowse
JLL - Melbourne
Adrian Rowse
JLL - Melbourne
Tony Iuliano
JLL - Melbourne
Tony Iuliano
JLL - Melbourne

Property Highlights

Property ID2016952573
Floor Area14,747 m²
Land Area3.03 ha
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  12 May 2021
Map for 5-7 Leslie Road & 6-10 Pipe Road Laverton North VIC 3026
Map for 5-7 Leslie Road & 6-10 Pipe Road Laverton North VIC 30265-7 Leslie Road & 6-10 Pipe Road Laverton North VIC 3026
Chris Jones
Dawkins Occhiuto
Chris Jones
Dawkins Occhiuto
Andrew Dawkins
Dawkins Occhiuto
Andrew Dawkins
Dawkins Occhiuto
Adrian Rowse
JLL - Melbourne
Adrian Rowse
JLL - Melbourne
Tony Iuliano
JLL - Melbourne
Tony Iuliano
JLL - Melbourne

Property Highlights

Property ID2016952573
Floor Area14,747 m²
Land Area3.03 ha
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  12 May 2021
Dawkins Occhiuto
95 Cubitt Street Cremorne VIC 3121
Chris Jones
Dawkins Occhiuto
Chris Jones
Dawkins Occhiuto
Andrew Dawkins
Dawkins Occhiuto
Andrew Dawkins
Dawkins Occhiuto
Adrian Rowse
JLL - Melbourne
Adrian Rowse
JLL - Melbourne
Tony Iuliano
JLL - Melbourne
Tony Iuliano
JLL - Melbourne
Chris Jones

Chris Jones

Dawkins Occhiuto

Andrew Dawkins

Andrew Dawkins

Dawkins Occhiuto

Adrian Rowse

Adrian Rowse

JLL - Melbourne

Tony Iuliano

Tony Iuliano

JLL - Melbourne

+61 *** ***
+61 477 881 882

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