Map pin28 Jones Road, Brooklyn, VIC, Brooklyn, VIC, 3012, AU

28 Jones Road, Brooklyn

28 Jones Road, Brooklyn_Property for Sale

Attributes

Land area gross
17.3 acres
Building area gross
47,695 sf
Zoning
Industrial 1 Zone (1N1Z)
Occupancy
100%
Remaining lease term
8.93 years

Asset description

JLL Capital Markets team, is pleased to offer 28 Jones Road, Brooklyn for sale, one of the only container parks of scale in Melbourne’s West.


This asset presents a unique opportunity to acquire a highly sought-after container park facility in the infill precinct of Brooklyn. Situated on a 7ha* landholding, the asset features over 5ha* of hardstand, modern office, high clearance warehouse & workshop.


Underpinned by proximity to the Port of Melbourne, the property offers exceptional arterial road access & is strategically positioned in the land constrained inner western industrial precinct. The container park use is future proofed by the ongoing investment in the Port of Melbourne & surrounding infrastructure projects that will continue to drive demand for container park facilities in the Melbourne industrial market.


The asset is 100% leased to Cosco Shipping offering a WALE (by Income) of 8.93 yrs (as at Apr-24) & net passing income of $1,739,411p.a, ($25/sqm site area).


Investment Highlights:

  •  2018 purpose-built container park with 53,467sqm* of container-rated hardstand
  • Total 100-tonne container hardstand of 2,745sqm*
  • Total GLA of 4,431sqm*
  • Total land area 70,032sqm*
  • Container storage capacity of approximately 8,500 TEUs
  • Ability to purchase below underlying land value
  • Long-term lease to one of the world’s largest shipping companies


For Sale via Expressions of Interest closing Thursday 16 May 2024 at 3pm (AEST)

 

*approx.

...

Investment highlights

AAA leased covenant – 100% occupied by COSCO Shipping with 8.9 year term certain (as at April 2024)

Prime inner west landholding of 7ha* with exceptional arterial road access

Significantly under rented with a passing income of $1,739,411p.a* ($25/sqm site area)

28 Jones Road, Brooklyn 4_Property for Sale
28 Jones Road, Brooklyn 4_Property for Sale
28 Jones Road, Brooklyn (0 Properties)

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Last updated
Apr 26, 2024