Cushman & Wakefield Capital Markets Logistics & Industrial are pleased to present the opportunity to acquire a portfolio of high-quality industrial investments strategically positioned within Melbourne’s Northern industrial precinct.
Offered individually or in one line, the portfolio comprises a total landholding of 5.6 hectares, generating a current net passing income of $3,198,830 per annum, reflecting a low $95 per sqm across a combined 33,830 sqm of GLA. Having recently outperformed the broader market through its latest leasing cycle, the opportunity offers a combination of secure income and significant reversionary upside, together enhancing overall returns
Key Investment Highlights include:
· Established Industrial Location - Servicing the northern growth corridor and supported by continued infrastructure development, most notably the Melbourne Intermodal & Industrial Exchange (MIIX).
· Multi-tenanted - Providing income diversification, mitigating the risks associated with single-tenant exposure.
· Sustained Demand – The precinct continues to experience strong rental growth with prime warehouse rents growing by 4.5% over the year to June 2025.
· Exit Optionality - Individual titles provide investors the flexibility to sell assets down separately when best positioned for individual sale. Future sales would also be stamp duty free.1
· Reversionary Upside - The current passing income of $65/sqm at 57-61 Freight Drive represents less than half of the estimated market rate of $135/sqm.
· Relative Value - Significant land and construction cost escalation has positioned existing industrial facilities favourably compared to new developments.
· Excellent Connectivity - Located a short distance from the Hume Highway, enabling efficient connection to the Hume Freeway (M31) and Western Ring Road (M80).
The properties are offered for sale individually or in-one-line via Expressions of Interest closing Thursday 13 November 2025 at 3pm (AEST).
- North Melbourne
