7-9 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.

7-9 Distribution Drive is a high quality free standing facility consisting of a single level office and warehouse including multiple on grade access doors and a semi enclosed canopy over the loading areas.

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.

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)
1.8
Lettable area ('000sqm)
7.9
Lettable area adjusted for ownership ('000sqm)
3.0
Number of buildings
1
Year built
2007
Major tenant
Hufcor
Owner
DXS
Ownership (%)
37.50
Co-owner
AIP, DALT

Property Statistics

Metro area
Melbourne, West
Zoning
Industrial 2
Site coverage (%)
43
Number of units
1
Average unit size
7.9
Office content (%)
31
Acquisition date
July 2002
Book value at ownership ($m)
3.4
Independent valuation date
December 2018
Independent valuation at ownership ($m)
3.4
Market cap rate (%)
6.50
Initial yield (%)
6.42
Leased by area (%)
100
Weighted lease term by income (years)
3.4