The Cushman & Wakefield Capital Markets Logistics & Industrial team is pleased to offer for sale 202-228 Greens Road, Dandenong South – a high quality, multi-tenanted industrial investment with surplus land in Victoria’s premier industrial precinct of Dandenong South within Melbourne’s South East.
Comprising a total GLA of 22,586 sqm on a 5.7 hectare corner site with over 450 metres of total frontage and 6,000 sqm* of surplus development land, 202-228 Greens Road, Dandenong South presents a rare opportunity to acquire a premium industrial asset with future upside in a core industrial location.
The asset is 100% leased to two tenants, Zircodata and Sirva, offering a WALE (by income) of 3.6 years (as at Feb-26) and a net passing income of $2.5 million p.a. ($112/sqm GLA), being approximately 24% below estimated market rental levels.
Key Investment Highlights include:
✓ Two high quality industrial facilities with strong long-term occupier appeal
✓ Total GLA of 22,586 sqm
✓ Total Site Area 56,780 sqm with over 450 metres of dual street frontage
✓ Approximately 6,000 sqm of vacant development land allowing for various value-add strategies to be implemented
✓ Well located asset that offers seamless connectivity to Melbourne’s wider arterial road network
✓ High proportion of underlying land value
✓ Significant population reach of 2.3 million* residents within a 30-minute drive time
The property is being offered For Sale via Expressions of Interest closing Tuesday 2 December 2025 at 3pm (AEDT).
For further information or to arrange an inspection please contact Chris Jones (+61 477 881 882), Tony Iuliano (+61 412 992 830) or Adrian Rowse (+61 414 836 817).
- South East Melbourne
