Located at the intersection of Lorimer Street and Todd Road, Aquatica sits within the tightly held Fishermans Bend precinct, just four kilometres from the Melbourne CBD. With strong tenant covenants including AkzoNobel, TK Elevator Australia, and Medacta, the estate offers immediate income and significant rental reversion potential.

This transaction marks the fifth asset purchased by Cadence Industrial Investment Partnership (CIIP) and adds city-fringe exposure and a mix of smaller-format assets, further diversifying our portfolio and reinforcing our conviction in inner-Melbourne’s long-term industrial fundamentals.

Aquatica is well-positioned to benefit from a constrained land supply, excellent transport connectivity, and growing tenant demand for flexible, modern industrial product close to the CBD.

This acquisition demonstrates our integrated model at work—combining research-led investment with the capability to move quickly, manage risk, and unlock long-term value through active management.

Congratulations to the Cadence team on another strong addition to the CIIP platform.