Dexus Industrial Estate

12-18 Distribution Drive, Truganina

Overview

12-18 Distribution Drive is a 43,000 square metre distribution centre providing chilled warehouse facilities and two-levels of corporate office space. The purpose-built centre features recessed loading docks with large awnings for all weather protection, plus a café with a partly shared outdoor seating area and significant car parking for staff and visitors.

Truganina is located in the south-west of Melbourne an area of rapid development with extensive land-banks, the area has excellent over-land access and is connected to the Werribee railway line at Laverton station and Aircraft station. Truganina is serviced by a network of primary and secondary state arterial roads.

Located 18 kilometres west of the Melbourne CBD in the city’s newest industrial precinct, Truganina, the centre provides convenient access to the Princess/Westgate Freeway, Western Ring Road and the Deer Park Bypass.

- Melbourne’s fastest growing industrial precinct

- Access to Melbourne CBD and ports

- Chilled warehouse facilities

Asset Information

  • Asset typeDistribution Centre
  • Year built2007
  • TitleFreehold
  • Asset locationMelbourne West
  • ZoningIndustrial 2
  • Site area (hectares)16.60
  • Site coverage (%)26
  • Lettable area ('000sqm)43.0
  • Lettable area adjusted for ownership ('000sqm)11.0
  • Number of buildings1
  • Number of units1
  • Average unit size43
  • Office content46
  • Owner DXS,AIP,DALT
  • Ownership (%)26
  • Co-ownerUniSuper, Dexus Australian Logistics Partner
  • Major tenantColes Group Limited
  • Acquisition dateJuly 2002
  • Book value at ownership ($m)46.9
  • Independent valuation dateDecember 2023
  • Independent valuation at ownership ($m)46.9
  • Market cap rate (%)5.25
  • 12 month rolling yield (%)4.68
  • Leased by area (%)100
  • Weighted lease term by income (years)3.3
Back to top