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Brooklyn Distribution Centre

Located just 10 kilometres west of the Melbourne CBD, the flexible distribution centre is adjacent to the four-way interchange of West Gate Freeway and the Princes Highway. The estate comprises 10 separate warehouses over 22 hectares and has future redevelopment potential.

Location: West Melbourne, Vic
Date:Jun 2018
Valuation:$105.5 million
Valuation $/m2:$810/m²
Capitalisation rate:6.75%
Discount rate:7.25%
Lettable area:130,185 m²
Site area:22.0 ha
Hardstand:13,500 m²
Weighted average lease expiry:2.8 years
Acquisition date:Jun 2003
Cost including additions:$69.4 million
Major TenantsGLA m2
New Aim Pty Ltd32,715
Automotive Holdings Group Ltd16,369
SKM Corproate Pty Ltd12,765
RSH (Australia)10,754