690 Geelong Road Brooklyn VIC 3012

CBRE is pleased to offer for sale 690 Geelong Road, Brooklyn and 5-9 Mitford Parade, West Footscray forming part of The City Fringe Infill Portfolio available for sale individually or in-one-line via an Expressions of Interest campaign closing 4:00 pm (AEDT) Thursday, 12th December 2024.

Key Portfolio Investment Highlights include:
Two specialised meat processing and cold storage assets with a total GLA of 14,026 sqm
Multiple on grade roller shutter doors and recessed loading docks
Combined land holding of 3.1 ha set across three titles
High underlying land value with potential for long term repositioning opportunities
Considerable tenant infrastructure and high replacement cost
100% leased to a leading meat processer and exporter
Total Net Passing Income of $3,462,204 per annum
Long WALE of 16.6 years providing secure income
Located in inner western core logistic locations with great benefits
Excellent connectivity to surrounding major arterials including the West Gate Freeway, Western Ring Road, Millers Road, and Somerville Road

The assets are offered for sale either individually or 'in-one-line' via International Expressions of Interest closing Thursday 12th December 2024 at 4:00pm (AEDT)