Brooklyn Distribution Centre, Brooklyn
Key Property Information
Brooklyn Estate is a well established 22 hectare distribution centre which is strategically located 10km west of Melbourne CBD and is adjacent to the four-way interchange of West Gate Freeway and Princes Highway. The centre has eight steel-framed buildings, which were completed in the 1980s and early 1990s.
Key Information
| Location: | West Melbourne, VIC |
| Acquisition Date: | June 2003 |
| Ownership/Title: | 100%/Freehold |
| Independent Valuation: | June 2008 |
| Valuation ($/m2): | $81.1 million ($638/m² Excludes hardstand) |
| Capitalisation Rate: | 7.75% |
| Discount Rate: | 8.75% |
| Lettable Area: | 127,184m² |
| Site Area: | 22.0 hectare |
| Hard Stand: | 12,951m² |
