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

Property Information

  • Building typeIndustrial Estate
  • TitleFreehold
  • Site area (hectares)16.2
  • Lettable area ('000sqm)78.7
  • Lettable area adjusted for ownership ('000sqm)59.0
  • Number of buildings7
  • Car parking spaces191
  • Year built2001
  • Major tenantReece
  • OwnerDXS
  • Ownership (%)75
  • Co-ownerDexus Australian Logistics Partner
  • Metro areaMelbourne, South East
  • ZoningBusiness 3
  • Site coverage (%)49
  • Number of units7
  • Average unit size11.4
  • Office content9
  • Acquisition dateJanuary 2004
  • Book value at ownership ($m)71.8
  • Independent valuation dateJune 2019
  • Independent valuation at ownership ($m)71.8
  • Market cap rate (%)6.32
  • Initial yield (%)6.84
  • Leased by area (%)100
  • Weighted lease term by income (years)4.8