125-175 Patullos Lane
Somerton VIC 3062
125-175 Patullos Lane located in Somerton, Melbourne’s North, comprises a large-scale steel pipe manufacturing and storage facility. The property is tenanted by Steel Mains, Australia’s largest manufacturer and supplier of pipeline systems.
Cadence secured the asset as a strategic long-term investment underpinned by Steel Mains’ strong covenant. The facility’s scale and functionality support specialised manufacturing and significant storage capacity. Positioned in a key northern industrial precinct, the property offers stable income, limited competing supply, and long-term security through the tenants ongoing operations and continued demand for critical infrastructure products.