Investment Property
For Sale
  • Industrial/Warehouse
  • FOR SALE – Dual industrial investment opportunity in Melbourne’s south-east

    384-394 South Gippsland Highway, Dandenong, Vic 3175 Australia
    Investment Property
    For Sale
  • Industrial/Warehouse
  • FOR SALE – Dual industrial investment opportunity in Melbourne’s south-east

    384-394 South Gippsland Highway, Dandenong, Vic 3175 Australia
    Building Size
    16,696 SQM
    Lot Size
    38,800 SQM
    Building Size
    16,696 SQM
    Lot Size
    38,800 SQM

    OVERVIEW

    Cushman & Wakefield Capital Markets Logistics & Industrial are pleased to present the opportunity to acquire two high-exposure, highway-located industrial investments superbly positioned within Melbourne’s South East.

    The offering provides a rare chance to secure a large, corner site with modern improvements deriving secure income with substantial future reversion potential.

    Key Investment Highlights include:

    ·      Secure Income – Fully leased to Dulux Group and Bowen & Pomeroy, returning $1.68m p.a. with a 3.4 year WALE

    ·      Rental Upside – Estimated 53% reversionary rental uplift to over $2.5m p.a., with uncapped rent reviews

    ·      Premier Location – Dandenong South is one of Australia’s most sought-after industrial precincts with a vacancy rate of just 1.4%

    ·      Rental Growth – The South East continues to outperform with 9.2% rental growth YoY, outperforming the broader Melbourne average

    ·      Strong Fundamentals – The opportunity is heavily underpinned by underlying land value and significantly below replacement cost

    ·      Tight Land Supply – Less than 200 ha of active land supply remains in Melbourne’s South East

     

    *All figures approximate & as at 1 October 2025

     

    The assets are being offered individually or in-one-line via an Expressions of Interest campaign closing 18th September 2025 at 3pm (AEST).

    For further information please contact the below exclusive marketing agents.

    - South East Melbourne

    Details

    Building Size:
    16,696 SQM
    Sale Price:
    Contact us for pricing
    Lot Size:
    38,800 SQM

    AVAILABILITIES

    LOCATION

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