Investment opportunity, Industrial, Showroom
| Property ID: | 21026 |
|---|---|
| Price: | Contact Agent |
| Rent: | $62,345 (ex. GST) |
| Building: | 1,142m² |
|---|---|
| Land: | 1,860m² |
| Zoning: | Industrial 1 Zone |
POINT OF INTEREST:
Set on a generous 1,860 sqm* site in one of Hoppers Crossing’s best-in-class precincts, 53 Elm Park Drive’s portfolios forward with 5 versatile warehouse hybrids totaling 1,142 sqm* — 2 of which are already leased on solid terms, offering immediate rental income. With 3 units vacant and ready for occupation, the whole-package estate suits both owner-occupiers looking to anchor their business and investors chasing a value-packed, income-generating asset. Each industrial unit comes with heating and cooling in the offices, dedicated car parks, and access via a secure gated entry, all within an Industrial 1 Zone. The layout invites flexibility — lease them all, occupy part, or reconfigure over time — while the estate’s strategic location ensures long-term growth and connectivity. Princes Highway is 1.5 km* away, while Old Geelong Road’s retail prowess is only a short walk from here, boasting JB Hi-Fi, Officeworks, and Anaconda.
- 1,142 sqm* total building area.
- 1,860 sqm* total land area.
- Unit 1: 295 sqm* - Leased.
- Unit 2: 295 sqm* - Offered with vacant possession.
- Unit 3: 189 sqm* - Offered with vacant possession.
- Unit 4: 174 sqm* - Leased.
- Unit 5: 189 sqm* - Offered with vacant possession.
- 12 allocated car spaces in total.
- Industrial 1 zoning.
- Multi-use warehouse configurations within a secure gated estate.
- 1.5 km* to Princes Freeway.
POINT OF VIEW:
You might be buying your first or fortifying your fifth; regardless, this ready-made estate is a portfolio piece with punch. Grow, lease, occupy, or do a bit of everything — it gives options, and the returns to match.
Additional virtual tour links are available upon request.
*Approx.
Pricing excludes GST
| Features |
|---|
| Tenancy | $62,344.92 |
|---|---|
| Lease Term | See IM |
| Commenced | See IM |
| Rent Review | See IM |
| Bond/Guarantees | See IM |
| Outgoings Payable | See IM |
| Age | 20 years approx |
| Air Conditioner | Yes in office |
| Availability | Subject to a lease |
| Car Spaces | 12 |
| Condition | Great |
| Floors | Concrete in warehouse, carpet in office |
| Height | 6-7 metres |
| Roller Doors | One per warehouse |
| Zoning | Industrial 1 Zone |
| Outgoings |
|---|
| Owners’ Corporation | No Owners Corp |
|---|
M | 0409 101 022
T | (03) 9623 2588
E | anders.skoglund@cva.melbourne
M | 0418 343 147
T | (03) 9623 2570
E | leo.mancino@cva.melbourne