CentralWest Distribution Centre

Overview

CentralWest Distribution Centre is on located on William Angliss Drive in the well-established Melbourne West precinct, which is considered the industrial 'hub' of Melbourne. It is well serviced by surrounding infrastructure, in particular Melbourne's rail, sea and airports.

The property has excellent access to Westgate Freeway, Princes Highway and Western Ring Road. This estate comprises three high-quality industrial warehouses and is afforded ESFR sprinklers, hardstand and awnings. It also provides two street frontages to William Angliss Drive and Doherty's Road. The site provides additional vacant land at the rear, fronting Doherty's Road, providing future development potential.

Asset Information

  • Asset typeIndustrial
  • Year built2000
  • Asset locationMelbourne, western suburbs
  • Site area (hectares)12.1
  • Lettable area ('000sqm)56.1
  • OwnerDWAPF
  • Ownership (%)100
  • Major tenantVisy Industries, Concept Logistics
  • Acquisition dateSeptember 2014
  • Independent valuation dateJune 2023
  • Independent valuation at ownership ($m)107.0
  • Market cap rate (%)4.88
  • Leased by area (%)100
  • Weighted lease term by income (years)6.0
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