Knoxfield Industrial Estate

Henderson Road, Knoxfield

Overview

20 Henderson Road forms the Knoxfield Industrial Estate, comprising of two office/warehouses. The site is an excellent example of a quality distribution facility with everything in place for successful operation.

Offering multiple desirable features, 20 Henderson Road has large hard stand areas, high clearance ceilings, generously sized truck and loading bays, as well as warehouse spaces in practical proportions.

There's also ample onsite parking on offer, and the position makes it well-placed for all transport and logistic requirements. It is a stone’s throw from the Stud and Ferntree Gully Road thoroughfares, with East Link and the Monash Freeway not far away.

- Quality distribution facility

- Proximity to major arterials

- Generous parking allotment

Asset Information

  • Asset typeDistribution Centre
  • Year built1990
  • TitleFreehold
  • Asset locationMelbourne South East
  • ZoningIndustrial 1
  • Site area (hectares)7.40
  • Site coverage (%)72
  • Lettable area ('000sqm)53.0
  • Lettable area adjusted for ownership ('000sqm)27.0
  • Number of buildings2
  • Number of units2
  • Average unit size26
  • Office content3
  • Car parking spaces275
  • Owner DXS,DALT
  • Ownership (%)51
  • Co-ownerDexus Australian Logistics Partner
  • Major tenantFantastic Furniture
  • Acquisition dateAugust 1996
  • Book value at ownership ($m)49.7
  • Independent valuation dateDecember 2023
  • Independent valuation at ownership ($m)49.7
  • Market cap rate (%)5.25
  • 12 month rolling yield (%)4.40
  • Leased by area (%)100
  • Weighted lease term by income (years)3.3
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