Cushman & Wakefield Capital Markets Logistics & Industrial are pleased to exclusively offer for sale 46-50 Edison Road, Dandenong South.
Constructed in 2017, this asset offers a rare investment opportunity to acquire a premium, fully sprinklered facility in one of Australia’s most sought-after industrial suburbs.
Fully leased to YHI (Australia) Pty Ltd, a subsidiary of Singapore Exchange-listed YHI International Ltd (SGX: BPF), the asset features a short remaining lease term of 1.5 years, providing significant reversionary upside.
Key Investment Highlights include:
- Modern industrial facility, constructed in 2017.
- Total GLA of 3,285 sqm with full ESFR sprinkler system.
- Fully leased to YHI (Australia), a subsidiary of internationally listed YHI International (SGX:BPF).
- Remaining lease term of 1.5 years, with significant reversion upside.
- Assessed market income of $591,300 p.a.
- Internal provisions for two 10-tonne gantry cranes.
- Institutional grade location, with Q3 YoY prime rental growth of 13.6%.
- Excellent proximity to surrounding arterial road networks.
The asset is being offered via an Expression of Interest (EOI) campaign closing
Wednesday 4 December 2024 at 3pm AEST.
For further information please contact the below exclusive marketing agents.
Charlie Holmes | +61 439 334 154 | Charlie.Holmes@cushwake.com
Chris Jones | +61 477 881 882 | Chris.A.Jones@cushwake.com
- South East Melbourne
