47 Momentum Way, Ravenhall
47 Momentum Way provides over 40,000 square metres facility split to provide two tenancies. Situated on the southern side of Momentum Way Ravenhall and adjacent to passenger train station Carolina Springs and unimpeded neighbour of native vegetation grassland.
Uniquely located just one minute to the Western Freeway and 25 minutes to the Melbourne CBD, the property offers convenient access to Melbourne’s major arterial roads, the Port of Melbourne and Tullamarine Airport.
The facility offers Dexus high quality standard base building inclusions and sustainability features including high clearances, super awnings, solar array and integrated sustainability measures.
- Asset typeIndustrial Estate
- Year built2021
- Asset locationMelbourne West
- ZoningIndustrial 3
- Site area (hectares)6.9
- Lettable area ('000sqm)43.4
- Lettable area adjusted for ownership ('000sqm)11.1
- Number of buildings1
- Owner DXS,DWPF,DALT
- Ownership (%)26
- Co-ownerDWPF,Dexus Australian Logistics Partner
- Major tenantHello Fresh
- Acquisition dateDecember 2018
- Book value at ownership ($m)27.4
- Independent valuation dateJune 2023
- Independent valuation at ownership ($m)27.4
- Market cap rate (%)4.75
- 12 month rolling yield (%)4.22
- Leased by area (%)1.00
- Weighted lease term by income (years)4.9