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.

Areas provided range from 13,000 square metres to 36,123 square metres.

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 EastLink and the Monash Freeway not far away.

- Areas 13,000 square metres - 36,123 square metres approx.

- Proximity to major arterials

- Generous parking allotment

Property Details

Building type
Distribution Centre
Title
Freehold
Site area (hectares)
7.4
Lettable area ('000sqm)
53.0
Lettable area adjusted for ownership ('000sqm)
39.7
Number of buildings
2
Car parking spaces
275
Year built
1990
Major tenant
UniTrans
Owner
DXS
Ownership (%)
75
Co-owner
DALT

Property Statistics

Metro area
Melbourne, South East
Zoning
Industrial 1
Site coverage (%)
70
Number of units
2
Average unit size
26.0
Office content (%)
3
Acquisition date
August 1996
Book value at ownership ($m)
46.1
Independent valuation date
December 2018
Independent valuation at ownership ($m)
46.1
Market cap rate (%)
6.00
Initial yield (%)
6.40
Leased by area (%)
100
Weighted lease term by income (years)
7.3