Cushman & Wakefield Capital Markets Logistics & Industrial are pleased to offer for sale 2 Advantage Drive, Dandenong South VIC. 2 Advantage Drive offers investors a rare opportunity to acquire a high-quality industrial asset in one of Australia’s strongest-performing industrial markets.
The investment is anchored by a reputable tenant, Cargo Freight Services Melbourne (CFS), generating a secure net passing rent of $966,338 p.a. ($140/sqm GLA). With a remaining lease term of 2.7 years and one further option, the property offers the highly sought-after combination of secure cash flow, reputable covenant and future reversionary upside.
Strategically located approximately 33km* from the Melbourne CBD, the asset benefits from superior connectivity to key transport corridors including Greens Road, South Gippsland Highway (M420) and Eastlink (M3), providing efficient access for freight and logistics operations.
Key Investment Highlights include:
· Premier Industrial Location – Dandenong South has long been recognised as one of Australia’s most sought-after industrial locations, underpinned by a historically low vacancy rate of just 1.4% – among the lowest nationally.
· Functional Improvements – The asset is improved with a functional office/warehouse facility suited to a wide range of occupiers and additionally provides approximately 5,000 sqm* of hardstand.
· Secure Income – Fully leased to Cargo Freight Services Melbourne (CFS), an Australian owned freight transport company.
· Reversionary Upside – The estimated net market rent of $158/sqm GLA reflects a 13% uplift from current passing levels
· Rental Growth – The South East continues to outperform, with prime warehouse rents growing by 9.2% over the year to June 2025 – well above the broader Melbourne average of 5.3%.
· Economic Catchment – The asset benefits from a large catchment of 1.9 million people within a 30-minute drive time radius.
· Seamless Connectivity – The property lies proximate to multiple major arterial routes including Greens Road, South Gippsland Highway (M420) and the Eastlink (M3).
*All figures approximate & as at 1 December 2025
For further information please contact the below exclusive marketing agents.
- South East Melbourne