Power-Packed Freehold with Income & Upside.

Overview

Description

POINT OF INTEREST:
A rare offering in one of Melbourne’s most tightly held inner-north industrial precincts, this premium corner freehold combines income security, significant infrastructure, and long-term flexibility.

Situated on a 2,680 sqm* landholding with prominent exposure, the property comprises a 1,923 sqm* clear-span warehouse with dual-level office accommodation, excellent loading capabilities, and three container-height roller doors.

The asset is securely leased to an established tenant on a 5 + 5 year term from July 2023, returning $302,847.96 per annum with fixed 4% annual increases. Zoned Industrial 3, it also presents future development or owner-occupier potential (STCA).

- 1,923 sqm* total building area.
- 2,680 sqm* corner landholding.
- 23 on-site car spaces.
- 87 kW* solar system and 300 amps* of power.
- Three container-height roller doors.
- Fixed 4% rental increases on secure lease.
- Zoned Industrial 3.
- Excellent connectivity to Sydney Road, Citylink, and Western Ring Road.

A rare opportunity to secure a high-calibre investment with both income and upside in one of the north’s most tightly held industrial corridors.

POINT OF VIEW:
A secure corner investment with the kind of infrastructure and lease profile that investors rarely walk away from — especially in a market where high-quality industrial stock remains in short supply.

*Approx.
Pricing excludes GST