Leasing and Tenants > Industrial > VIC > Altona Distribution Centre, Altona
Key Property Information
The complex is located in the western industrial precinct of Melbourne adjacent to the Western Ring Road and comprises eight separate buildings.The Centre incorporates vacant land of approximately 12,400m², providing medium-term development potential.
| Location: | West Melbourne, VIC |
|---|---|
| Acquisition Date: | July 2000 |
| Ownership/Title: | 100%/Freehold |
| Independent Valuation: | December 2009 |
| Valuation ($/m2): | $19.9 million ($682/m² - excludes hardstand) |
| Capitalisation Rate: | 9.50% |
| Discount Rate: | 10.00% |
| Lettable Area: | 29,169m² |
| Site Area: | 15.24 hectare |
| Hard Stand: | 66,051m² |
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