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

Property Details

Building type
Industrial Estate
Title
Freehold
Site area (hectares)
16.2
Lettable area ('000sqm)
78.7
Lettable area adjusted for ownership ('000sqm)
59.0
Number of buildings
7
Car parking spaces
191
Year built
2001
Major tenant
Reece
Owner
DXS
Ownership (%)
75
Co-owner
DALT

Property Statistics

Metro area
Melbourne, South East
Zoning
Business 3
Site coverage (%)
49
Number of units
7
Average unit size
11.4
Office content (%)
9
Acquisition date
January 2004
Book value at ownership ($m)
70.2
Independent valuation date
December 2018
Independent valuation at ownership ($m)
70.2
Market cap rate (%)
6.47
Initial yield (%)
7.07
Leased by area (%)
100
Weighted lease term by income (years)
5.3