The INDUSTRIALIST’s Post

The Strategic Last Mile Logistics Portfolio for sale in Noble Park - Colliers Colliers agents Daniel Telling, Gordon Code, Sam Hibbins, and Nicholas Simon have been appointed to market Noble Park Industrial for sale. The Noble Park Portfolio includes three standalone assets with a total building area of 10,77 sqm and a combined land area of 19,013 sqm. All properties are currently leased, providing a net passing income of $967,995 per annum and boasts a short WALE of 2.6 years by income, presenting significant near-term rental upside. “This is an ideal opportunity to capture the exceptional rental growth experienced in Melbourne’s South East industrial sector, which is outperforming other submarkets,” said Colliers National Director Gordon Code  “The portfolio offers 100% interest in the freehold properties, located within Melbourne’s tightly held Noble Park commercial/industrial precinct. The assets are perfectly positioned for final mile distribution, with limited future supply available to benefit from the surrounding residential catchment areas.” Daniel Telling, Colliers Industrial and Logistics Capital Markets Director, commented, “The Noble Park Portfolio represents a unique opportunity to acquire a core plus investment portfolio with ultimate flexibility. In particular the ability drive investment returns through not only rental growth, but the ability to reposition, redevelop and amalgate assets is a rare proposition within this precinct. “ Read more on The Industrialist - https://lnkd.in/gPnvGt5g Colliers Daniel Telling Gordon Code Sam Hibbins Nicholas Simon Gavin Bishop, Sean Thomson, Jessica Evans, Jade Irvine, Joshua Devitt, Jesse Osborne, Michael Crombie, Trent Gallagher, David Brisk, Nick Evans, Tom Barrett, Paul Tierney, Sam Hammond #colliers #nobleparkportfolio #noblepark #nobleparkinvestment #logisitics #melbournerealestate #realestateinvestment #melbre #industrialnews #industrialrealestate

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