Boutique Industrial. Blue-Chip Tenant. Bayside Location.

Sold - 18/250 Wickham Road, Moorabbin

Investment opportunity, Industrial

Sale Details

Sold on 16 Mar 2026 for $755,000

Building Area 153m²
Rate $4,920 per m²
Yield: 4.96%

Overview

Sale History ID: 42930
Property ID: 21337
Advertised Price: Contact Agent

Description

POINT OF INTEREST:

Unit 18 at The Wickham offers a high-quality, tenanted industrial investment within a tightly held boutique development of just 20 architect-designed warehouse hybrids. Designed by Armsby Architects and constructed by C3 Constructions, the estate sets a new benchmark for modern industrial accommodation across Bayside, combining elevated design with functional, future-proofed warehousing.

Lease Summary:
- Leased to Nannar Group Pty Ltd, returning $37,500 p.a. excl GST & Outgoings
- 3 year lease + 3 year option commencing February 2026
- 3% annual rental increases
- 3 month security deposit

Key Property Features:
- Modern office/warehouse configuration with first floor offices
- Open plan ground floor warehousing
- 7–7.5 metre internal clearance*
- Container height roller door
- High quality fixtures and fittings throughout
- Air conditioning, solar power, NBN connectivity and 3-phase power
- 2 allocated on-site car spaces
- Landscaped estate with excellent internal access
- Approx. 800 metres to Nepean Highway*

POINT OF VIEW:

Securely leased within a premium, limited-supply industrial estate, Unit 18 presents a compelling long-term investment underpinned by a strong tenant covenant, built-in rental growth and attractive depreciation benefits.

*Approx.
Pricing excludes GST

Additional Info
Features
TenancyThe Nanner Group Pty Ltd ATF The Nannar Group Trust
Lease Term3 Years + 3 Years
CommencedFebruary 2026
Rent Review3% Annual Increases, Market Review at Option.
Bond/Guarantees$10,312.50 (3 month bond)
Outgoings PayableTenants pay 100% of Retail Outgoings
AgeBrand new - construction completed
Air ConditionerYes - in office area
AvailabilityAs per lease
Car Parking FeesN/A
Car Spaces2
ConditionHighly Specified
FloorsConcrete and carpet
Height7-7.5m*
Roller DoorsYes - container height
Wheel Chair AccessYes - to ground floor only
ZoningIndustrial 1 Zone
Outgoings
Owners’ CorporationTBA.
Council RatesTBA.
Water RatesTBA.
Land TaxTBA.
Agent Details
CVA Property Consultants - Tim Cooney

Tim Cooney

M | 0468 860 737
T | (03) 9623 2582
E | [email protected]

CVA Property Consultants - Stirling Findlay

Stirling Findlay

M | 0481 848 240
T | (03) 9654 2311
E | [email protected]