Cushman & Wakefield Capital Markets Industrial & Logistics, in conjunction with Melbourne Commercial Group, are pleased to offer for sale 34-38 Bakehouse Road, Kensington via Private Treaty. An exceptionally well-maintained industrial facility, positioned within Melbourne’s coveted last mile logistics precinct of Kensington, only 3kms from the Melbourne CBD.

Pricing expectations are $7.0+ million.

Key Investment Highlights include:
- Industrial facility of 2,633 sqm with temperature-controlled areas.
- Strategically positioned in Melbourne’s highly desirable city-fringe industrial and logistics precinct of Kensington – only 3kms from the Melbourne CBD.
- Net passing income of $406,533 p.a. ($154/sqm).
- Attractive WALE of 1.0 year, allowing for short term potential positive rental reversion or owner occupation.
- Fully occupied by an internationally recognised covenant in MNX Global Logistics – a global leader in the transportation of biopharmaceutical products.
- Unmatched last mile logistics characteristics with substantial surrounding residential catchments.
- Neighbouring Melbourne’s Biomedical precinct – a crucial factor in the continued operation of MNX Global logistics.
- Excellent connectivity to multiple public transport hubs including South Kensington Station, Kensington Station, Macaulay Station & Arden Station (under construction).
Note: all figures are approximate.

For further information please contact the marketing agents.