Leasing and Tenants > Industrial > VIC > Toll Business Park, Toll Drive, Altona
Key Property Information
Toll Business Park comprises three modern warehouses/distribution facilities. An additional freestanding single level office is also provided on the site.
11-25 Toll Drive consists of state of the art automated picking technology and is leased to Toll (IPEC) until 2015.
32-54 Toll Drive is a warehouse/distribution facility that is capable of expansion up to 10,000m².
56-60 Toll Drive features a temperature controlled warehouse in addition to five recessed sunken docks and another nine loading bays.
|Acquisition Date:||September 2006|
|Independent Valuation:||December 2012|
|Valuation ($/m2):||$47.2 million ($900/m²)|
|Capitalisation Rate:||8.25% - 8.50%|
|Site Area:||13.0 hectare|