Dexus Industrial Estate
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