JLL Logistics & Industrial Capital Markets, in conjunction with Colliers Industrial & Logistics Capital Markets, are pleased to present the 'KeyWest Distribution Centre' 30 Agar Drive, Truganina, for sale by an International Expressions of Interest closing Friday, 15th November at 3:00pm (AEDT).
A state-of-the-art, multi-let logistics facility featuring super-awning construction, setting a new benchmark in the Melbourne industrial market. The facility is underpinned by a diversified tenancy profile and offers significant rental reversion potential.
Key Investment Highlights
Modern 30,488sqm* warehouse facility with two tenancies, leased to JB HI FI Group and Brandlink Pty Ltd for logistics and distribution.
Premium logistics improvements including, 13m clearance, corporate offices, 38m semi-enclosed super awning, 40m hardstand, and ESFR sprinklers.
Short 2.1-year WALE offers purchasers the opportunity to unlock significant rental reversion potential with the current net passing income approx. 32% below the assessed market levels.
Benefits from a 26 metre B-Double approved connecting road network, connecting the site to some of Melbourne's most critical infrastructure, including the Port of Melbourne.
Location Overview
The "KeyWest Distribution Centre" at 30 Agar Drive is situated in Truganina's premier industrial precinct, 18km west of Melbourne CBD. It offers easy access to major roads including Robinsons Road, M8 Western Freeway, and M80 Western Ring Road. Prominent neighbours include Visy, Catch, CEVA Logistics, Qube, and Austrans.
Truganina is a top-tier industrial precinct with strong urban amenities and excellent infrastructure. Surrounded by residential and recreational areas, it attracts diverse industrial occupiers serving local and broader markets. The site offers exceptional access to major roads, including the Western Highway, and key retail distribution facilities.
For further information or to arrange an on-site inspection, please contact the sales & marketing agents at JLL and Colliers.
*All areas are approximate.
Net passing income: $2,737,792 ($90/m2)
Net market income: $4,025,825 ($132/m2)