Lynbrook is a quality industrial property located at 42 Northey Road and 6-10 Business Park Drive, Lynbrook, Victoria 3975 (the Property), approximately 40 kilometres southeast of the Melbourne CBD and with convenient access to the M1 National Highway.

Key points: 

• Constructed in 2008, the Property is an industrial open storage asset with warehouse and retail trade/showroom situated within the Dandenong South precinct, one of the premier industrial locations inof Melbourne.
• The Property is fully leased to two tenants, with a Weighted Average Lease Expiry (WALE) by income of 2.75 years  at acquisition. 
• Purchased at 17-20% below replacement cost with significant rental uplift potential, the high-quality asset represents an excellent investment with entrapped value and multiple exit strategies. 
• The Property benefits from easy drive through access to the warehouse and generous carparking on site for both tenancies.
• The Fund is closed.