25 Distribution Drive is part of an industrial estate that's home to a variety of top local and international brands in the packaging, retail, beverage and logistics sectors.

Situated in an industrial precinct area regarded as fast growing and highly sought after, this is a premium staged industrial development that ticks every box.

Key standout attributes throughout the estate include offices with lobby areas and lift facilities, extensive sprinkler networks, generous warehouse spaces, recessed loading docks and container dooring, along with large loading canopies and hard stand areas.

The estate itself is intelligently positioned in a thriving logistics district, with convenient access to ports, airports and major road networks such as the Western Ring Road, Westgate Freeway, City Link and the Deer Park Bypass.

- Prized Industrial precinct

- Leading strategic location

- Quality office & warehousing features

Property Details

Building type
Industrial Estate
Title
Freehold
Site area (hectares)
1.6
Lettable area ('000sqm)
15.7
Lettable area adjusted for ownership ('000sqm)
11.7
Number of buildings
1
Year built
2012
Major tenant
Natures Dairy Australia
Owner
DXS
Ownership (%)
75
Co-owner
DALT

Property Statistics

Metro area
Melbourne, West
Zoning
Industrial 2
Site coverage (%)
48
Number of units
1
Average unit size
15.7
Office content (%)
5
Acquisition date
July 2002
Book value at ownership ($m)
15.7
Independent valuation date
December 2018
Independent valuation at ownership ($m)
15.8
Market cap rate (%)
5.75
Initial yield (%)
5.87
Leased by area (%)
100
Weighted lease term by income (years)
8.9