NORCAL KNOCKOUT: PRIME WAREHOUSE, ROCK-SOLID INVESTMENT.

Sale Details

Sold on 11 Jun 2025 for $1,270,000

Description

Private Sale by Closing Date - Wednesday 25th June at 2pm, unless sold prior.

POINT OF INTEREST:

Set within the coveted ‘Industria’ estate and moments from Nunawading’s Golden Mile (of foot and car traffic), this sleek, high-clearance warehouse delivers a rare trifecta for investors — premium build quality, an established tenant, and future-focused sustainability credentials. Totalling 303 sqm* of adaptable space, the property offers a contemporary industrial footprint ideal for e-commerce, design, and service-based operations. Inside, a comfortable office area meets a warehouse/showroom bolstered by three-phase power, a private rear courtyard, a bathroom with a shower, and an efficient, environmentally conscious layout. Currently leased to Apadana Design — a high-end renovation specialist known for transforming kitchens, bathrooms, and laundries — the asset currently generates $55,000 + GST and outgoings annually, with a three-year lease commencing August 2024 and options extending up to nine years. The secure complex offers remote gate access after hours, 3 allocated car spaces, and the convenience of Mr Robertson Café on-site.

- Leased to Apadana Design Pty Ltd.
- $55,000 per annum plus GST and outgoings.
- 3+3+3 year lease term from 14th August 2024.
- Rental increasing to $57,200++ 14th August 2025.
- 303 sqm* total building area.
- 234 sqm* warehouse/showroom.
- 69 sqm* first-floor office space.
- 3 allocated on-site car parks and an on-site cafe.
- 3-phase power and environmentally conscious design.
- Located within Nunawading's thriving Industria Estate.

https://apadanadesign.com.au/

POINT OF VIEW:

This is where businesses grow, leases stick, and investors build portfolios that last. Surrounded by thriving trade and nonstop demand, this Norcal Road address is a proven performer in Nunawading’s industrial heartland.

*Approx.
Pricing excludes GST