96-98 Boundary Road, Sunshine West, VIC

JLL Capital Markets Industrial & Logistics team is excited to offer for sale an exceptional investment opportunity located at 96-98 Boundary Road, Sunshine West Victoria. Situated within a tightly held inner west industrial precinct, the property is leased to nationally recognised tenant Goodyear Dunlop (trading as Beaurepaires) and provides multiple value-add options to the incoming buyer.

Key Investment Highlights include:

• Securely leased to nationally recognised tenant with lease expiry 7 August 2023
• Passing income of $597,790 p.a. Net ($84*/m²), with short term positive rental reversion potential
• Fixed contractual rental growth of 4.0% p.a.
• Strategic land holding of 13,353m²* within tightly held infill location with limited land supply
• High underlying land value underpins the asset
• Flexible office/warehouse improvements capable of accommodating 2 smaller tenancies, with total GLA of 7,108m²* (plus canopy of 520m²)
• Excellent connectivity to Western Melbourne’s major road networks

*approximate

The property is being offered for sale via Expressions of Interest closing Wednesday 30th March 2022 at 4pm (AEDT).

For further information please contact the below exclusive marketing agents.