Dexus Development Fund No. 2

Dexus Development Fund No. 2

At a glance


April 2007

Type of fund



Identify and undertake development opportunities across various property sectors around Australia.




7 Years

Equity commitment

$58 million


150 Collins Street, Industry Village

Dexus Development Fund 2

Real Estate Securities Contact

 Dexus Investor Services

150 Collins Street

Westpac Banking Corporation was secured  as the anchor tenant of 150 Collins Street, Melbourne.

150 Collins Street is located at the prestigious Paris end of Collins Street behind the historical Scots Church on the North West corner of Collins and Russell Streets, Melbourne.

The development comprises approximately 20,000 sqm office space and is designed to meet the highest environmental standards with 5 star NABERS and 6 star green star ratings.

On 5 July 2012, the building was sold to the GPT Wholesale Office Fund on a forward funded basis.

Industry Village

A 3.3 ha site located in Port Melbourne, close to the Melbourne CBD and the Westgate Freeway. The site is bounded by Ingles, Fennel and Bertie streets.

The site was zoned light industrial but now falls within the new Capital City zone.

Four stages of the original development plan for Industry Village were completed and settled. A new planning permit for a mixed use development is currently being progressed.

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