Dexus Industrial Estate

Pound Road West, Dandenong South

Overview

Pound Road West has been purpose designed multi-unit Industrial Estate for high end logistic users. Ideally suited to the transport, warehousing and third-party logistics sectors, the building's location offers excellent easy access to Monash Freeway, Westernport Highway and Eastlink alike.

Multiple stand-alone distribution centres in Melbourne's south-east industrial heartland. There are multiple recessed loading docks and on grade access points with clearances up to 10.5 metres.

Warehousing is fully sprinklered with raised and on-grade loading bays and a drive through canopy of significant size (great for all-weather loading). The buildings have complete drive around access as well as additional hard stand areas.

- High end logistics facility

- B-Double access

- Generous 10.5 metre clearance

Asset Information

  • Asset typeIndustrial Estate
  • TitleFreehold
  • Asset locationMelbourne South East
  • ZoningBusiness 3
  • Site coverage (%)49
  • Lettable area ('000sqm)78.7
  • Lettable area adjusted for ownership ('000sqm)40.1
  • Number of buildings7
  • Number of units7
  • Average unit size11
  • Office content9
  • Car parking spaces191
  • Owner DXS,DALT
  • Ownership (%)51
  • Co-ownerDexus Australian Logistics Partner
  • Major tenantElite Logistics Australia
  • Acquisition dateJanuary 2004
  • Book value at ownership ($m)92.7
  • Independent valuation dateDecember 2023
  • Independent valuation at ownership ($m)92.7
  • Market cap rate (%)5.11
  • 12 month rolling yield (%)3.99
  • Leased by area (%)100
  • Weighted lease term by income (years)5.7
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