Dexus Industrial Estate

7-9 Distribution Drive, Truganina

Overview

7-9 Distribution Drive is part of an industrial estate that's home to a variety of top local and international brands in the packaging, retail, beverage and logistics sectors.

7-9 Distribution Drive is a high quality free standing facility consisting of a single level office and warehouse including multiple on grade access doors and a semi enclosed canopy over the loading areas.

Situated in an industrial precinct area regarded as fast growing and highly sought after, this is a premium staged industrial development that ticks every box.

The estate itself is intelligently positioned in a thriving logistics district, with convenient access to ports, airports and major road networks such as the Western Ring Road, Westgate Freeway, City Link and the Deer Park Bypass.

- Prized Industrial precinct

- Leading strategic location

- Quality office & warehousing features

Property Information

  • Building typeIndustrial Estate
  • TitleFreehold
  • Site area (hectares)1.8
  • Lettable area ('000sqm)7.9
  • Lettable area adjusted for ownership ('000sqm)3.0
  • Number of buildings1
  • Year built2007
  • Major tenantHufcor
  • OwnerDXS
  • Ownership (%)37.5
  • Co-ownerAIP, Dexus Australian Logistics Partner
  • Metro areaMelbourne, West
  • ZoningIndustrial 2
  • Site coverage (%)43
  • Number of units1
  • Average unit size7.9
  • Office content31
  • Acquisition dateJuly 2002
  • Book value at ownership ($m)3.7
  • Independent valuation dateJune 2019
  • Independent valuation at ownership ($m)3.7
  • Market cap rate (%)6.25
  • Initial yield (%)6.15
  • Leased by area (%)100
  • Weighted lease term by income (years)2.9