BRICE IS RIGHT: LONGSTANDING TENANT, ROCK-SOLID RETURNS

Private Sale by Closing Date – Leased Investment - 11 Holloway Drive, Bayswater

Investment opportunity, Industrial

Overview
Property ID: 21054
Price: Contact Agent
Rent: $140,000 (ex. GST)
Building: 1,143m²
Land: 1,500m²
Zoning: Industrial 1 Zone (IN1Z)
Closing
21/08/2025 02:00 PM
Add to Calendar 21/08/2025 02:00 PM 21/08/2025 02:00 PM Australia/Melbourne Private Sale by Closing Date – Leased Investment - 11 Holloway Drive, Bayswater BRICE IS RIGHT: LONGSTANDING TENANT, ROCK-SOLID RETURNS Stan Dawidowski [email protected] false DD/MM/YYYY akKqZLDfczNDwEvbmmHA24960
Description

Private Sale by Closing Date - Thursday 21st August at 2pm.

POINT OF INTEREST:

When your tenant’s been in business longer than most super funds, you know your investment is in good hands. Positioned in one of Bayswater’s most tightly held industrial pockets, 11 Holloway Drive offers a rare opportunity to secure a premium-grade freehold investment, underpinned by a nationally established tenant and future rental upside. Set on a 1,500 sqm* Industrial 1 Zoned parcel, the building spans 1,143 sqm* and comprises a versatile two-level office/showroom and high-clearance warehouse. The space is thoughtfully designed with a combination of glass-partitioned offices and open-plan zones, all climate-controlled. With no Owner's Corporation and 11 on-site car parks (including 8 undercroft), the property is happily leased to Brice Australia – a trusted name in commercial kitchen equipment with over 80 years of trading history – on a 3-year lease that commenced 1st July 2025, returning $140,000 per annum plus outgoings (including land tax). With a further 3-year option and a 6-month bond in place, this is an ideal set-and-forget asset for investors seeking reliability and long-term appeal. Strategically located close to Dorset Road, Canterbury Road and Eastlink, the address offers both prominence and connectivity in equal measure.

- Leased to Brice Australia for $140,000 per annum plus outgoings incl. land tax.
- 3-year lease commenced 1st July 2025.
- One further 3-year term with a 6-month bond.
- 1,143 sqm* total freehold building area.
- 1,500 sqm* total land area.
- Industrial 1 zoning.
- 11 on-site car spaces, 8 are undercroft.
- 6.2 km* to the Eastlink and Burwood Highway intersection.
- 1.1 km* to Boronia railway station and Boronia Junction.

POINT OF VIEW:

When your tenant’s outlasted trends, recessions and rivals, you know you’re buying into something solid. Trade in the Owner’s Corp for a future-proofed investment.

Additional Info
Features
TenancyBrice Australia Pty Ltd
Lease TermThree (3) + Three (3) years
Commenced1st July 2025
Rent ReviewAnnual CPI reviews
Bond/Guarantees$75,000.00
Outgoings PayableBy Tenant as per lease including land tax
Age25 years plus
Air ConditionerDucted reverse cycle
AvailabilityImmediately
Car Parking FeesNil
Car Spaces11
ConditionExcellent
FloorsCarpet, concrete and tiles
Height7 metres (approx) to warehouse
LiftsNone
Roller Doors2 roller shutter doors
Wheel Chair AccessWheelchair access to ground floor
ZoningIndustrial 1 Zone (IN1Z)
Outgoings
Owners’ CorporationN/A
Building Insurance$4,353.23 p.a approx. (2025)
Council Rates$11,730.95 p.a approx. (2025)
Water Rates$1,424.80 p.a approx. (2025)
Land Tax$9,060.00 p.a approx. (2025)
Agent Details
CVA Property Consultants - Stan Dawidowski

Stan Dawidowski

M | 0400 448 755
T | (03) 9623 2556
E | [email protected]

CVA Property Consultants - Jarrod Moran

Jarrod Moran

M | 0413 251 621
T | (03) 9623 2589
E | [email protected]

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