Dexus Industrial Estate

2-10 Distribution Drive, Truganina

Overview

2-10 Distribution Drive is a modern freestanding distribution centre providing two levels of office accommodation and a single level warehouse.

The facility is located in Truganina, one of Melbourne’s fastest growing industrial precincts 18 kilometres west of the CBD. Truganina is located in the south-west of Melbourne in 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.

The warehouse features high internal clearance, a combination of recessed loading docks and on-grade access and large awnings providing all-weather protection. There is significant curtilage area with a staff and visitor parking leading to a contemporary office reception.

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

- Large awnings for all weather protection

Asset Information

  • Asset typeIndustrial Estate
  • Year built2012
  • TitleFreehold
  • Asset locationMelbourne West
  • ZoningIndustrial 2
  • Site coverage (%)48
  • Lettable area ('000sqm)17.5
  • Lettable area adjusted for ownership ('000sqm)4.5
  • Number of buildings1
  • Number of units1
  • Average unit size17
  • Office content3
  • Owner DXS,DALT
  • Ownership (%)26
  • Co-ownerUniSuper, Dexus Australian Logistics Partner
  • Major tenantUnipod Pty Ltd
  • Acquisition dateJuly 2002
  • Book value at ownership ($m)8.2
  • Independent valuation dateDecember 2023
  • Independent valuation at ownership ($m)8.2
  • Market cap rate (%)5.25
  • 12 month rolling yield (%)4.24
  • Leased by area (%)100
  • Weighted lease term by income (years)3.6
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