508-550 Wellington Road, Mulgrave

  • Sector

  • Land Size

    232,300 m2
  • Income

    $6.15 million

A Last Mile Logistics Opportunity of Unmatched Scale

The most significant infill opportunity to come to market in 2023.

508-550 Wellington Road, Mulgrave represents an unprecedented opportunity to acquire an enormous 23.23ha* site within one of Melbourne most tightly held inner southeastern suburbs. Located approximately 23km southeast of the Melbourne CBD, the property is improved by two adjoining logistics and distribution centres underpinned by strong tenant covenants.

The property features

  • Total site area: 23.23 Ha*
  • One of Melbourne’s largest infill sites
  • 2 adjoining logistics & distribution centres offering 76,193 sqm* of gross lettable area
  • 100% leased to Woolworths and Renold Australia
  • Ideal last mile logistics destination in the heart of the South East
  • Net passing income: $6.15 million p.a.* (as at 1 August 2023)

This standout property is offered for Sale In-One-Line via International Expressions of Interest.