Broadmeadows (VIC) Logistics Fund
Overview
1 Broadfield Road, Broadmeadows is a recently developed, multi-tenant logistics estate located approximately 22km north of the Melbourne CBD within an established infill industrial market in Melbourne’s north, where the supply of comparable large-scale, high-quality logistics facilities is relatively limited.
The property comprises seven warehouse tenancies with a total lettable area of 28,160m2, situated on a 44,278m2 site and it is positioned with direct access to Melbourne’s primary freight infrastructure, including the Hume Freeway, Metropolitan Ring Road (M80), Sydney Road, and Tullamarine Freeway, providing connectivity to Melbourne Airport and the Port of Melbourne.
The development has been delivered to an institutional standard and is targeting 5-Star Green Star certification, incorporating energy-efficient building systems and ESG-aligned design features.
The property is leasing up well with occupancy now at 79%.
Investment thesis
1 Broadfield Road is a fully completed, institutional-grade logistics development, now in its final lease-up phase. As a development fund, the asset will be realised at the optimal time to maximise capital returns for investors.
Assets
1
Occupancy
79%
Portfolio
Industrial
Sector
1 Broadfield Road
,
Broadmeadows
,
VIC
,
3047
1 Broadfield Road, VIC
1 Broadfield Road, Broadmeadows is a recently developed, multi-tenant logistics estate located approximately 22km north of the Melbourne CBD within an established infill industrial market in Melbourne’s north, where the supply of comparable large-scale, high-quality logistics facilities is relatively limited.
Investor Relations
Blake McNaughton
Fund Manager
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