Map pinDunlop Court 8, Bayswater, VIC, 3153, AU

8 Dunlop Street, Bayswater

8 Dunlop Street, Bayswater_Property for Sale

Attributes

Building area net
283,123 sf
Occupancy
94%
Land area gross
644,112 sf

Asset description

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).

...

Investment highlights

Significant 6 hectare, infill landholding

Attractive income for 2.7 years with 94% occupancy

26,303 sqm of existing GLA 

8 Dunlop Street, Bayswater 4_Property for Sale
8 Dunlop Street, Bayswater 4_Property for Sale
8 Dunlop Street, Bayswater (0 Properties)

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Last updated
Mar 1, 2024