Cushman & Wakefield Capital Markets Logistics & Industrial is pleased to offer for sale 63-69 Pipe Road, Laverton North. Strategically located in Melbourne’s tightly held Inner West, this multi-tenanted asset comprises eight versatile units across three buildings, offering 25,898 sqm of GLA on a substantial 4.88-hectare site. With strong tenant demand, significant reversionary upside, and well-maintained improvements, the asset is well-positioned for long-term value appreciation.
Key Investment Highlights include:
- Sought-after Infill location, with assets of this scale rarely offered within this sub-market.
- Optimal unit sizes ranging from 2,743 sqm to 3,514, enhancing leasing appeal.
- Currently significantly under-rented, with assessed market rents 60% above current passing levels.
- Assessed net market income of $3,953,668 p.a. ($153 psm GLA).
- Attractive short WALE of 3.2 years, with staggered expiries over the next three years.
- Immediate access to the Western Ring Road (M80) via the Boundary Road diamond interchange.
- Located within one of Australia’s fastest growth corridors, with the population projected to increase by 46% over the next decade.
Note: all figures are approximate and as at 1 August 2025.
Expressions of Interest campaign closing Thursday 1 May 2025 at 3pm AEST.
For further information please contact the exclusive marketing agents.
Chris Jones | +61 477 881 882 | chris.a.jones@cushwake.com
Tony Iuliano | +61 412 992 830 | tony.iuliano@cushwake.com
Adrian Rowse | +61 414 836 817 | adrian.rowse@cushwake.com
- Western Melbourne
