324-332 Frankston-Dandenong Road, Dandenong South, VIC

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 rate6.00%
Building area28,316 sqm
WALE5.7 years
Occupancy100%
Major tenantsExpiryArea
Complete Supply CoFY22/FY2717,477 sqm
Schneider ElectricFY2110,839 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.