450-466 Princes Highway, Noble Park_Pand te koop
450-466 Princes Highway, Noble Park_Pand te koop
450-466 Princes Highway, Melbourne, VIC, 3174, AU

450-466 Princes Highway, Noble Park

Activa beschrijving

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.

 

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Attributen

Netto gebouwoppervlakte
22.024 vierkante meter
Bezetting
100%
Bouwjaar
2019
Bruto landoppervlakte
4.114 vierkante meter

Media

Investeringshoogtepunten


  • 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_Pand te koop
450-466 Princes Highway, Noble Park 4_Pand te koop

Contact makelaars

450-466 Princes Highway, Noble Park (0 Eigendommen)
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May 16, 2024