Cushman & Wakefield Capital Markets Logistics & Industrial team is pleased to offer for sale an exceptional investment opportunity located within an extremely tightly held location and exhibiting all the characteristics of a genuine last mile asset. 

The property is being offered for sale via Expressions of Interest closing Wednesday 9 December 2026 at 2:00pm (AEDT).

Investment Highlights

- Securely leased to longstanding transport and logistics business State Transport, who have been in operation for more than 35 years

- 2.5 years remaining on current lease, with no further option terms, providing flexibility for an incoming buyer

- Passing income of $1,260,925 p.a. net ($145/sqm), with future positive rental reversion

- Fixed contractual annual rental growth provides a strong running yield

- High clearance, excellent quality office/warehouse with total GLA of 8,696sqm, being in the sweet spot for a broad range of tenants in the South-East precinct

- Strategic landholding of 13,290sqm within a Commercial 2 zone, and with significant 107 metre frontage

- Tightly held industrial precinct with very limited land supply and excellent connectivity to road networks

- Perfect “last mile” location within 30 minute drive of 31% of Melbourne’s population

*All figures are approximate and as at 1 January 2027.

For further information or to arrange an inspection, please contact the exclusive Cushman & Wakefield selling agents