450-466 Princes Highway, Noble Park_Actifs en vente
450-466 Princes Highway, Noble Park_Actifs en vente
450-466 Princes Highway, Melbourne, VIC, 3174, AU

450-466 Princes Highway, Noble Park

Description de l'actif

Capital Markets at JLL are pleased to exclusively offer for sale 450-466 Princes Highway, an unmatched value-add investment opportunity in the heart of one of Australia’s premier logistics precincts.


Centrally located along a key arterial road in Melbourne’s South East, the property is hyper-connected to the wider arterial network – appealing to a wide array of occupiers.

 

...

Caractéristiques de l'actif

Surface de l'actif Net
22 024 m²
Occupation
100 %
Année de construction
2019
Taille du terrain Brut
4 114 m²

Média

Points clés d'investissement


  • Passing income is ~30% below assessed market levels - direct ability to access MTM reversion
  • Unique offering whereby the estate has a registered 10 lot strata plan of subdivision – allowing sell down strategies to be implemented immediately
  • Substantial land holding of 4.4ha that's serviced by over 140m of frontage to the Princes Hwy
  • Flexible lease expiry profile and an attractive WALE of 4.21 (as at Oct 23) years - allowing incoming purchasers to reset rents to market levels and capitalise on the reversionary upside

The asset is being offered For Sale via International Expressions of Interest closing Wednesday 1 November 2023 at 3pm (AEDT).

 

For further information, please contact a member of the JLL team.

450-466 Princes Highway, Noble Park 4_Actifs en vente
450-466 Princes Highway, Noble Park 4_Actifs en vente

Contacter l'équipe

450-466 Princes Highway, Noble Park (0 actifs)
Vous avez des questions ? Consultez notre page FAQ
Voir la page FAQArrow Right
JLL peut vous accompagner dans le financement et la gestion de votre portefeuille. Contactez-nous pour découvrir comment nous pouvons vous aider.
Dernière mise à jour
23 févr. 2024