Virginia Park, Bentleigh East

INDUSTRIAL & OFFICE MIX

About

A sizeable business park with mixed use

Situated predominately in a residential location in Bentleigh East approximately 13km south east of Melbourne, Virginia Park provides a mixture of industrial and office buildings as well as supporting facilities including gymnasium, swim centre, child care centre, children’s play centre, café, yoga centre and martial arts centre.

Virginia Park, Bentleigh East VIC 3165
Showers
Change room
Bike storage
Gym, Pool
Cafe
Bus, Parking

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More information

Ownership interest
50%
Cap rate
5.50%
Valuation date
December 2023
Acquisition date
April 2006
Site area
123,460m2
Net lettable area
65,151m2
Occupancy
84.9%
NABERS rating (Energy)
-
NABERS rating (Water)
-
WALE by income
3.3
Rent review structure
Fixed and CPI
Major tenants by income
Bentleigh Fitness Centre, Xtralis, Guardian Community ELC
Parking spaces
1,680
Valuation range
$84 million