447 Foleys Road Deer Park VIC 3023

Colliers Industrial & Logistics Capital Markets are pleased to present to the market for sale 447 Foleys Road, Deer Park.

This long-term sale & leaseback is supported by a blue-chip global tenant covenant within a highly defensive manufacturing sector, located within one of Melbourne's best performing institutional-grade logistics investment markets.

Further key investment highlights include:

• Secure 8-year leaseback to Australia's largest mattress and foam manufacturer in Australasia, with operations across Asia Pacific.

• Net income of $3,794,280 ($140/m²) per annum supported by a strong rental review structure providing defensive income growth.

• Purpose-built manufacturing and distribution facility providing a Gross Lettable Area (GLA) of 27,102m², with built-in future flexibility.

• Commanding land rich land holding totalling 60,000m² over a single title, providing immediate scale within a tightly held market.

• Prominent positioning on Foleys Road, a main thoroughfare road within the Deer Park industrial precinct, home to many well-known occupiers including Mainfreight, Linfox, eStore Logistics and Silk Logistics.

All figures are approximate.

447 Foleys Road, Deer Park will be offered for sale via an International Expressions of Interest campaign closing 3:00 pm (AEST) Friday, 23rd August 2024.

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