MYER DISTRIBUTION CENTRE, 121 - 139 Dohertys Road,
Altona North, VIC 3025
Warehouse, Factory & Industrial • Development Sites & Land
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Map of MYER DISTRIBUTION CENTRE, 121 - 139 Dohertys Road
STATEGIC MODERN DISTRIBUTION CENTRE WITH DEVELOPMENT UPSIDE
- ASX Listed covenant, Myer (ASX:MYR)
- 11.59 Hectare Site
- 6.8 years Remaining Lease Term
Purpose built modern distribution centre of 30,388sqm* situated on a substantial land holding of 115,900 sqm*.
The property is fully leased to single tenant, ASX Listed Myer Holding Limited (ASX:MYR) with a passing net income of $2,290,718 per annum and a long remaining lease term of 6.8 years as at 1 October 2017.
The asset represents an outstanding opportunity to acquire scale backed by a quality tenant with significant development upside, located within Melbourne’s Inner Western Industrial Precinct just 10 kilometres from Port of Melbourne.
Surplus land of 19,828 sqm* fronting Dohertys Road is available for immediate development.
Expression of Interest closing Thursday 23 November 2017 at 3:00pm AEST.
*approximately
**outline indicative only
The property is fully leased to single tenant, ASX Listed Myer Holding Limited (ASX:MYR) with a passing net income of $2,290,718 per annum and a long remaining lease term of 6.8 years as at 1 October 2017.
The asset represents an outstanding opportunity to acquire scale backed by a quality tenant with significant development upside, located within Melbourne’s Inner Western Industrial Precinct just 10 kilometres from Port of Melbourne.
Surplus land of 19,828 sqm* fronting Dohertys Road is available for immediate development.
Expression of Interest closing Thursday 23 November 2017 at 3:00pm AEST.
*approximately
**outline indicative only
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Property ID: 502616522Last Updated: 6 Mar 2020
JLL - Melbourne
Level 40, 101 Collins StreetMELBOURNE, VIC 3000
03 9672 66...
MYER DISTRIBUTION CENTRE, 121 - 139 Dohertys Road
Altona North, VIC 3025
JLL - MelbourneLevel 40, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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