Cushman & Wakefield Capital Markets Logistics & Industrial, in conjunction with JLL, are pleased to offer for sale 8 Dunlop Court, Bayswater – a rare infill landholding located within a tightly-held industrial market and offering unrivalled future development upside.
Situated upon a 6 hectare, Industrial 1 zoned (IN1Z) landholding, with approximately 144 metres of street frontage, the asset provides the opportunity to acquire one of the largest single land parcels in the precinct.
Key Investment Highlights for 8 Dunlop Court, Bayswater include:
• One of the most land constrained precincts in Melbourne.
• 26,303 sqm of existing GLA.
• 94% occupied by two tenants with a net passing income of $1,805,409 p.a.
• WALE of 2.7 years with no further options across the tenancy profile.
• 7,000 sqm of vacant land, outside of any demised lease area, available to immediate development.
• Proximity to significant surrounding residential catchments with seamless access to 4.1 million persons within a 45-mintue drive time.
• Excellent connectivity to major arterials and infrastructure including Eastlink (M3) & Monash Freeway (M1).
Note: all figures are approximate as at July 2024
Offered For Sale via Expressions of Interest closing Thursday 21st March 2024 at 3pm (AEDT).
For further information or to arrange an inspection please contact the below agents
Chris Jones | +61 477 881 882 | Chris.A.Jones@cushwake.com
Charlie Holmes | +61 439 334 154 | Charlie.Holmes@cushwake.com
Ben Hegerty | +61 414 717 555 | ben.hegerty@jll.com
Joel Scully | +61 431 576 941 | joel.scully@jll.com
Jack Kelliher | +61 437 844 336 | jack.kelliher@jll.com
- Eastern Melbourne
