Cushman & Wakefield Capital Markets Logistics & Industrial are pleased to exclusively offer for sale 46-50 Edison Road, Dandenong South. Constructed in 2017, this asset offers a rare investment opportunity to acquire a premium, fully sprinklered facility in one of Australia’s most sought-after industrial suburbs. Fully leased to YHI (Australia) Pty Ltd, a subsidiary of Singapore Exchange-listed YHI International Ltd (SGX: BPF), the asset features a short remaining lease term of 1.5 years, providing significant reversionary upside. Key Investment Highlights include: • Modern industrial facility, constructed in 2017. • Total GLA of 3,285 sqm with full ESFR sprinkler system. • Fully leased to YHI (Australia), a subsidiary of internationally listed YHI International (SGX:BPF). • Remaining lease term of 1.5 years, with significant reversion upside. • Assessed market income of $591,300 p.a. • Internal provisions for two 10-tonne gantry cranes. • Institutional grade location, with Q3 YoY prime rental growth of 13.6%. • Excellent proximity to surrounding arterial road networks. The asset is being offered via an Expression of Interest (EOI) campaign closing Wednesday 4 December 2024 at 3pm AEST. For further information please contact the below exclusive marketing agents. Charlie Holmes | +61 439 334 154 | [email protected] Chris Jones | +61 477 881 882 | [email protected]
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Property ID: 504731400