8 Dunlop Street, Bayswater

JLL Logistics & Industrial team is 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).