27 Distribution Drive is a premium quality, freestanding office and warehouse facility in Laverton North, Melbourne’s fastest growing industrial precinct.

Laverton North 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. Laverton North is serviced by a network of primary and secondary state arterial roads.

Built on a single level, the building features striking architecture with hard and soft landscaping for a welcoming arrival at the reception area.

The warehouse component features high internal clearance and provides five recessed loading docks and multiple on grade access points. the building has a large awning allowing all weather protection.

Located 18 kilometres west of the Melbourne CBD in the city’s newest industrial precinct, Laverton North, 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

- High internal clearance and 10 loading docks

Property Details

Building type
Industrial Estate
Title
Freehold
Site area (hectares)
2.5
Lettable area ('000sqm)
13.8
Lettable area adjusted for ownership ('000sqm)
5.2
Number of buildings
1
Year built
2012
Major tenant
Toll
Owner
DXS
Ownership (%)
37.50
Co-owner
AIP, DALT

Property Statistics

Metro area
Melbourne, West
Zoning
Industrial 2
Site coverage (%)
54
Number of units
1
Average unit size
13.8
Office content (%)
6
Acquisition date
July 2002
Book value at ownership ($m)
6.2
Independent valuation date
December 2018
Independent valuation at ownership ($m)
6.2
Market cap rate (%)
6.50
Initial yield (%)
7.01
Leased by area (%)
100
Weighted lease term by income (years)
1.1