ALL SIGNS POINT TO GROWTH

Sale Details

Sold on 29 May 2026

Description

POINT OF INTEREST:

So close to the Airport you’ll feel like you’re sitting in a business class departure lounge. Set against the Tullamarine freeway and location minutes from Mickleham Road and Citylink, this industrial 1 zoned premises offers everything you would expect from a hard-working warehouse in this location. It’s 1,529sqm* of total building (inclusive of a ground floor storage) area, plus a modest, air-conditioned office space all on 1,825sqm* of total land area. The warehouse offers a large clear-span height of 6.5 metres allowing plenty of excuses to make the most of the area. Parking onsite accommodates 10 vehicles with a share of over 60 additional parking spaces located on Catalina Drive up for grabs for staff and customers.
But it’s what’s located above the really ignites this property sets it apart from the rest. Leased to QMS Media, the Northeast facing digital billboard captures southeast bound traffic leaving the Melbourne international and domestic terminal on a 10- year plus 10-year lease with annual CPI rental increases each year.

- Total building area of 1,529 sqm* (including 98sqm* of lock-up, ground floor storage area)
- Total land area of 1,825 sqm*
- Large clear-span warehouse high of 6.8 metres
- 10 onsite parking space
- Air-conditioned 1st floor offices
- Minutes from Melbourne Airport and Citylink
- Rooftop billboard leased to QMS Media
- 10 year + 10 year lease return circa $60,000.00 p.a.

POINT OF VIEW:

Dual-income opportunities are about as common as booking a seat on the Concorde — a great idea, long retired. That’s the fantasy. 20–22 Catalina Drive, Tullamarine is the reality. Occupy and capitalise on the rooftop income while your business operates below, or spread the risk and invest in a property designed to deliver two distinct income streams. In a market built on single outcomes, this one thinks twice — and pays you twice.

*Approx.
Pricing excludes GST