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      Avi Gordon

      General Manager – Investor Capital

      M +61 419 868 088 Contact Avi

      Bridget Pillow

      Investor Relations Manager

      P +61 3 9914 2214 Contact Bridget

      Harry Rosenberg

      Director and Head of Capital Raising

      M +61 418 327 286 Contact Harry

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      View property

      8 Dunlop Court

      • Bayswater VIC

      • GLA 24,919sqm on Land 59,840sqm

      • Purchased February 2012  •  Sold December 2017

      • IRR 23.2%
      • TR 182.6%
      View property

      Strategy

      A substantial industrial site of 5.98 hectares, located within the industrial precinct of Bayswater, approx. 35km east of Melbourne CDB.

      At settlement, the property was fully leased to two tenants – Veyance Belting (90% of the area) and Rapid Pacific Roll Coverings (10% of the area).

      Our focus was to develop a strong relationship with the tenants, to ensure the tenant’s occupancy needs were met on an ongoing and long-term basis.

      Activities

      QE worked closely with the tenants to ensure their long-term requirements were adequately met and secure their ongoing commitment. This included upgrade works to improve the facilities.

       

       

      Outcome

      Throughout the ownership period new long-term leases were signed with all tenants.

      Property was sold in Dec 2017.

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