Cushman & Wakefield Capital Markets Logistics & Industrial are pleased to present 33 Endeavour Court, Dandenong South, the flagship asset within the Power Park Estate, offering a rare opportunity to secure a premium, production and distribution facility in one of Melbourne’s most tightly held industrial precincts.
Completed in 2022, the property comprises a substantial 18,274 sqm warehouse and industrial facility on a 36,930 sqm landholding, fully leased to Remedy Drinks on a 15 year term expiring June 2037.
Key Investment Highlights include:
- Secure Long Term Lease: 15-year lease to Remedy Drinks with a 10.9 year WALE and 2 further 5-year options for renewal
- Premium Covenant: Remedy Drinks is a leading Australian “better-for-you” beverage manufacturer with nationally recognised products and scaled operations.
- Premier Industrial Location: Dandenong South is recognised as one of Australia’s most sought-after industrial locations, underpinned by a vacancy rate of just 3.0% - among the lowest nationally.
- Institutional-Grade Improvements: High quality tilt panel construction, ESFR Sprinklers, 12.4 metre clearances and modern office accommodation.
- Strong Rental Growth: The asset is leased at a net passing rent of $2,110,258 p.a. ($115/sqm), well below current market rent which is estimated at $160/sqm, and benefits from fixed 2.75% annual rental increases.
- Exceptional Logistics Functionality: Full drive‑around access, dedicated truck entry/exit points, multiple at‑grade RSDs, extensive hardstand and 181 on‑site car spaces.
- Excellent Connectivity: Seamless access to Frankston-Dandenong Road, Western Port Highway, Eastlink and broader arterial network.
- ESG Credentials – 5 Green Star as-built design with solar generation earning Large-scale Generation certificates (LGCs) providing enhanced sustainability profile.
The property forms part of the PowerPark Estate and is offered for sale via Expressions of Interest closing Wednesday 20 May 2026 at 3pm AEST.
*being sold in conjunction with 21, 27 and 28 Endeavour Court, Dandenong South
For further details please contact the selling agents.
- South East Melbourne
