Virginia Park

Bentleigh East, VIC

Virginia Park is situated predominately in a residential location in Bentleigh East approximately 13km east of Melbourne. Virginia Park is a sizeable business park providing a mixture of industrial and office buidlings as well as supporting facilities including gymnasium, swim centre, child care centre, children's play centre, cafe, yoga centre and martial arts centre.

Ownership interest 50%
Cap rate 5.50%
Valuation date June 2018
Acquisition date April 2006
Site area 123,460m2
Net lettable area 55,561m2
Occupancy 90%
NABERS rating (Energy)  N/A
NABERS rating (Water)  N/A
WALE by income 2.40
Rent review stucture CPI and Fixed
Major tenants by income Xtralis, Vision Systems and Officeworks
Parking spaces 1,680
Valuation range $60-80 million
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