324-332 Frankston-Dandenong Road, Dandenong South, VIC
324-332 Frankston-Dandenong Road, Dandenong South is a well-established industrial precinct in Melbourne’s south west corridor. The property consists of three standalone buildings, offering high clearance functional warehouses and associated offices.
| Asset summary | |
|---|---|
| Current book value | $2.6m |
| Capitalisation rate | 6.00% |
| Building area | 28,316 sqm |
| WALE | 5.7 years |
| Occupancy | 100% |
| Major tenants | Expiry | Area |
|---|---|---|
| Complete Supply Co | FY22/FY27 | 17,477 sqm |
| Schneider Electric | FY21 | 10,839 sqm |
Information accurate as at 31 December 2018 and provides a summary of key information in relation to the named property within the Centuria Industrial REIT portfolio. Information is in summary form only and investors should refer to the Fund’s published financial statements and other disclosures for further information and detail on the portfolio.