10-16 Fulton Drive, Derrimut, Vic 3026

Acting under instructions from KordaMentha, the Agents for the Mortgagee in Possession, Cushman & Wakefield and Colliers are pleased to present the opportunity to acquire 10-16 Fulton Drive, Derrimut, comprising two modern, freestanding logistics facilities in Melbourne's established western infill market.

Constructed in 2020, the property comprises two prime, full concrete panel office/warehouses totaling 20,031 sqm of GLA on a substantial 37,940 sqm landholding. Each high-quality facility provides high-clearance and strong cubic capacity, ESFR-sprinklered accommodation, multiple loading bays with complete all-weather loading via oversized super canopies, and full drive-around access, creating highly functional accommodation suitable for a broad range of logistics, distribution and industrial users.

Key investment highlights include:
- Prime-quality improvements - Two modern, freestanding facilities featuring high-clearance warehousing, ESFR sprinklers, extensive super canopies, multiple loading positions and full drive-around access.
- Substantial infill landholding - A 37,940 sqm (3.79 ha) site within the established Gilbertson Industrial Estate, approximately 15 kilometers west of Melbourne's CBD.
- Existing income with flexibility - Short WALE of 0.65 years offers immediate income while allowing flexibility for occupation or short-term value-enhancement initiatives, including future subdivision and sell-down or strategic leasing.
- Embedded rental reversion - Net passing income of $125 psm GLA compared with estimated net market income of $150 psm GLA.
- Income Security from Strong Covenants - Fully occupied by Ricegrowers Limited (SunRice) and Asahi Holdings (Australia) Pty Ltd, providing a high-quality income profile underpinned by major global food and beverage groups.
- Functional logistics accommodation - 20,031 sqm of total GLA supported by approximately 6,163 sqm of over-sized all-weather super canopies, six loading bays and B-double capable drive-around access.
- Strategic optionality - Two separately configured buildings support investment, re-leasing and owner-occupation strategies across one or both facilities.
- Exceptional connectivity - Efficient access to the Western Freeway (M8), Western Ring Road (M80) and West Gate Freeway / Princes Freeway (M1), connecting with the Port of Melbourne, Melbourne Airport and metropolitan population catchments.
- Discount to replacement cost - An opportunity to acquire modern logistics improvements at a compelling discount to the estimated cost of replacing equivalent land and buildings.

10-16 Fulton Drive, Derrimut is offered for sale via an Expressions of Interest campaign closing Wednesday, 18 November 2026 at 3:00pm (AEDT).

For further information or to arrange an inspection please contact the exclusive marketing agents.

*All figures are approximates