For Sale – Leased Investment - F5/2A Westall Road, Clayton

Investment opportunity, Industrial

Property ID: 20352
Price: Contact Agent
Rent: $34,800 (ex. GST)
Building: 232m²
Zoning: Industrial 1 Zoning.


With record-low supply levels and insatiably high demand, this Hallmarc of Clayton industrial estate finally has an opening to savvy early birds. The versatile office and warehouse hybrid utilises 232 sqm* to its advantage, with 102 sqm* dedicated to modern ground and first-floor office/showroom space. There’s also an elevated internal clearance, a container height roller door, three-phase power and four allocated car spaces for good measure. All of this is currently in use to Yunkyung Kim T/A SIH Trading on a 2-year term that expires in December 2025, with a further 2-year option on the cards. You’ll receive $34,800 per annum (excluding GST and outgoings) in leasing income with 4% annual increases, but keep in mind that this price is under the market rate of $40k per annum — providing an opportunity for significant uplift for any purchaser. And because it goes both ways, an upside for the tenant: this is a non-retail lease, allowing for Land Tax to be recoverable by the tenant.

- Currently leased to Yunkyung Kim T/A SIH Trading on a 2-year term expiring December 2025, with a further 2-year option
- $34,800 per annum in leasing income with 4% annual increases
- Significant rental uplift potential
- 4 month + GST Security Deposit held ($12,760)
- 232 sqm* total building area
- 102 sqm* of modern ground and first-floor office space
- Four allocated on-site car spaces
- Industrial 1 zoning
- 2 km* to Dandenong Road
- 2.7 km* to the Dingley Bypass and Mordialloc Freeway


Neighbouring the Springvale Homemakers Centre, Princes Highway, and Clayton’s most prominent industrial and commercial enterprises, this is a strategic play for local investors opting out of residential and into strong capital growth, and owner occupiers playing the long game for the big gains.

Pricing excludes GST

Additional Info
TenancyYunkyung Kim T/A SIH Trading.
Lease Term2 Years + 2 Year Option
CommencedDecember 2023.
Rent Review4% Annual Increases, Market Reviews at Option.
Bond/Guarantees$12,760 (Equivalent of 4 months' rent + GST)
Outgoings PayableTenant pays 100% of Outgoings (incl. Land Tax).
Air ConditionerYes.
Availability60 - 90 days.
Car Parking FeesNil.
Car Spaces4 Allocated car spaces.
FloorsCarpet, Concrete.
Height7.5 approx.
Roller DoorsYes, container height.
Wheel Chair AccessYes.
ZoningIndustrial 1 Zoning.
Owners’ Corporation$2,252 p.a.*
Council Rates$3,243 p.a.*
Water Rates$802 p.a.*
Land Tax$739.66 per annum*
Agent Details
CVA Property Consultants - Tim Cooney

Tim Cooney

M | 0468 860 737
T | (03) 9623 2582
E | [email protected]

CVA Property Consultants - Charlie Hicks

Charlie Hicks

M | 0420 643 202
T | (03) 9623 2562
E | [email protected]

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