MINNIE STREET, MAXIMUM VALUE: NO OWNERS CORP + SOLID TENANT.

Sold - 10 Minnie Street, Yarraville

Investment opportunity, Industrial

Sale Details

Sold on 12 Aug 2025 for $675,000

Building Area 150m²
Rate $4,500 per m²
Yield: 4.74%
Land Area 218m²
Rate $3,096 per m²

Overview

Sale History ID: 42069
Property ID: 21061
Advertised Price: Contact Agent

Description

POINT OF INTEREST:

Freestanding, city-fringe and fully-leased — it’s the kind of combo that rarely hits the market, let alone in tightly held Yarraville. 10 Minnie Street is actually big on USPs, delivering 150 sqm* of Industrial 3 flexibility with direct street frontage, container-height clearance, and on-site parking for two — all on title, with no owners corp to answer to. Currently returning $32,000 per annum plus GST and outgoings, the tenant is midway through a three-year term with no further options, offering secure cashflow today and strategic flexibility tomorrow. Set just off Docklands Highway with seamless West Gate access, it’s a rare low-maintenance investment in a well-connected industrial pocket that’s always in demand.

- $32,000 *returning income per annum + GST + outgoings.
- 3-year lease commenced 25th September 2024.
- 150 sqm* total building area with street frontage.
- 218 sqm* land area
- Industrial 3 zoning.
- Freestanding building with no owners corporation.
- 2 allocated car spaces.
- Container height roller door.
- 1.5 km* to the West Gate Freeway.
- 5.8 km* to the CBD.


POINT OF VIEW:

Freestanding, freeway-facing, and underpinned by city-fringe scarcity — this one puts you right in the middle of the movement. Access the arterials, hold the title, and don’t count on seeing another like it anytime soon.

*Approx.
Pricing excludes GST

Additional Info
Features
TenancyRE & LM Gertzel Pty Ltd
Lease Term3 years with no further terms
Commenced25 September 2024
Rent ReviewFixed at 3% Annually
Bond/Guarantees$11,733.32
Outgoings PayablePayable by tenant per lease
Age20 years approx
Air ConditionerYes in office
Availability60-90 Days
Car Spaces2
ConditionExcellent
FloorsConcrete
HeightApproximately 6 metres
LiftsNo
Roller DoorsYes
SprinklersNo
ZoningIndustrial 3
Outgoings
Building InsuranceTBA
Council RatesTBA
Water RatesTBA
Land TaxTBA
Essential Safety Measures$750.00 p.a approx plus GST
Agent Details
CVA Property Consultants - Leo Mancino

Leo Mancino

M | 0418 343 147
T | (03) 9623 2570
E | [email protected]

CVA Property Consultants - Domenic Sgambellone

Domenic Sgambellone

M | 0418 327 676
T | (03) 9623 2559
E | [email protected]