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20-22 Permas Way
Truganina VIC 3029
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20-22 Permas Way Truganina VIC 3029

  • Factory, Warehouse & Industrial
  • 10,762 m²
  • Expressions of Interest

Land Rich Long WALE Investment Opportunity

  • High underlying land value
  • Premium institutional-grade facility
  • Secure WALE of 9.2 years

Colliers, as exclusive selling agents, are pleased to offer for sale 20-22 Permas Way, Truganina, a high-quality manufacturing and logistics asset positioned within the premier institutional grade precinct of Truganina.

Underpinned by terrific design features and security of income, the offering benefits from the following key features:

• High underlying land value representing 80% of the value driving the long-term outperformance of the asset
• High-quality institutional grade facility totalling 10,762m² of improvements, built by Vaughan Constructions in 2010 and recently extended to cater for the tenant's significant business growth
• Secure WALE of 9.2 years, to highly embedded tenant, providing long-term robust income
• Secure net passing income of $1,398,995 ($130/m²) per annum, supported by strong tenant covenant
• Accretive returns achieved via mid-term market rent review with ratchet clause
• The asset is fully leased to Wire Industries, Australia's leading suppliers of reinforcing steel products and services
• Significant core land holding of 25,557m² within one of Australia's most sought-after logistics locations
• Strategically positioned within the Truganina industrial precinct benefitting from excellent connectivity to wider metropolitan Melbourne and interstate markets via Melbourne's Ring Road network

20-22 PERMAS WAY, TRUGANINA IS BEING OFFERED FOR SALE VIA AN EXPRESSIONS OF INTEREST CAMPAIGN CLOSING 12:00PM (AEST) THURSDAY 1ST MAY 2025.

To request further due diligence information or to arrange an inspection, contact the exclusive Colliers selling agents.

*All figures are approximate
**Outline indicative only

EXPRESSION OF INTEREST

Closing date and time01/05/2025 12:00
Recipient nameAsk Agent
Delivery address12:00pm (AEST)
Colliers International | Melbourne West
Colliers International | Melbourne West
Suite 1, Ground Floor 6 English Street
Essendon Fields, VIC 3041

Property Highlights

Floor Area10,762 m²
Land Area2.56 ha
Parking156 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019906650
Category
Last updated  2 Apr 2025
Map for 20-22 Permas Way Truganina VIC 3029

Nearest transport* to 20-22 Permas Way Truganina VIC 3029

Bus
Train
Tram
Ferry
Distribution Dr/Palmers Rd (Truganina)323 m
Distribution Dr/Palmers Rd (Truganina)329 m
Boundary Rd/Palmers Rd (Truganina)810 m
Boundary Rd/Robinsons Rd (Truganina)935 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Colliers International | Melbourne West
Colliers International | Melbourne West
Suite 1, Ground Floor 6 English Street
Essendon Fields, VIC 3041

Property Highlights

Floor Area10,762 m²
Land Area2.56 ha
Parking156 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019906650
Category
Last updated  2 Apr 2025

Co-Agents

Hugh Gilbert
Colliers International | Melbourne West
Call
0409 730 858
Daniel Telling
Colliers International | Melbourne West
Call
+61 427 746 472
Colliers International | Melbourne West
Call
+61 2 9017 6908

More about 20-22 Permas Way Truganina VIC 3029

20-22 Permas Way Truganina VIC 3029 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 10,762 m² and a land area of 2.56 ha. There are 156 x onsite parkings.The listing ID for this property is 2019906650.

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