Prime Container Park Underpinned by Exceptional Tenant & Landholding
28 Jones Road, Brooklyn, Vic, Brooklyn VIC 3012
Contact Agent
IndustrialSize: n/a
Block size: 7 Hectares approx.
JLL Capital Markets team, is pleased to offer 28 Jones Road, Brooklyn for sale, one of the only container parks of scale in Melbourne's West.
This asset presents a unique opportunity to acquire a highly sought-after container park facility in the infill precinct of Brooklyn. Situated on a 7ha* landholding, the asset features over 5ha* of hardstand, modern office, high clearance warehouse & workshop.
Underpinned by proximity to the Port of Melbourne, the property offers exceptional arterial road access & is strategically positioned in the land constrained inner western industrial precinct. The container park use is future proofed by the ongoing investment in the Port of Melbourne & surrounding infrastructure projects that will continue to drive demand for container park facilities in the Melbourne industrial market.
The asset is 100% leased to Cosco Shipping offering a WALE (by Income) of 8.93 yrs (as at Apr-24) & net passing income of $1,739,411p.a, ($25/sqm site area).
Investment Highlights: 2018 purpose-built container park with 53,467sqm* of container-rated hardstand Total 100-tonne container hardstand of 2,745sqm* Total GLA of 4,431sqm* Total land area 70,032sqm* Container storage capacity of approximately 8,500 TEUs Ability to purchase below underlying land value Long-term lease to one of the world's largest shipping companies
For Sale via Expressions of Interest closing Thursday 16 May 2024 at 3pm (AEST)
*approx.
AAA leased covenant 100% occupied by COSCO Shipping with 8.9 year term certain (as at April 2024) Prime inner west landholding of 7ha* with exceptional arterial road access Significantly under rented with a passing income of $1,739,411p.a* ($25/sqm site area)
Inspections
No open inspections scheduled.
Send an enquiry
Contact Ben Hegerty to learn more about this property, request an inspection or take an online tour.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.