GLOBAL BRAND. FRESH LEASE. TULLAMARINE ADDRESS BUILT FOR THE LONG GAME.

Sold - 46 Barrie Road, Tullamarine

Investment opportunity, Industrial

Sale Details

Sold on 10 Jun 2026 for $2,000,001

Building Area 814m²
Rate $2,457 per m²
Yield: 5.01%
Land Area 1002m²
Rate $1,996 per m²

Overview

Sale History ID: 43247
Property ID: 21458
Advertised Price: Contact Agent

Description

OFFERS UNDER REVIEW

POINT OF INTEREST:

This global brand operator doesn't move around — and after seven years at 46 Barrie Road, the decision to recommit for another lease term is the kind of vote of confidence that tells an investor everything they need to know before the financials do. Commencing March 2026 with a further term new agreement delivers $100,301.08 per annum in rental income with fixed 3% annual increases and the tenant covering the outgoings. Three months' rent is held as security, and the payment terms are monthly in advance — a tenancy structure that removes the variables that keep investment-grade industrial on the radar for SMSF buyers and private investors who need certainty first and yield second. The 814 sqm* building sits across a 1,002 sqm* land holding with a modern office fitout, a functional warehouse, a container-height roller door, and ample secure on-site parking — a complete and operational package in a precinct where vacancy is absorbed quickly. The Tullamarine Freeway and Western Ring Road are immediately accessible, Melbourne Airport sits within the same corridor, and the broader logistics infrastructure of Melbourne's north-west keeps the address relevant well beyond the current lease term.

- Leased to SM Brands Pty Ltd — Global brand sporting goods operator.
- Rental $100,301.08 per annum — tenant pays outgoings.
- Fresh 4-year lease from March 2026.
- Fixed 3% annual rent increases with a 3-month rent security deposit held.
- 814 sqm* building area.
- 1,002 sqm* land area.
- Modern office area and functional warehouse with a container-height roller door.
- Ample secure on-site parking and security fencing.
- Industrial 1 zoning.
- Immediate access to Tullamarine Freeway and Western Ring Road.
- 3 km* to Melbourne Airport.


POINT OF VIEW:

A globally recognised tenant who just signed on for four more years, fixed annual increases, and an airport precinct address that the industrial leasing market doesn't voluntarily give back — the investment case at Barrie Road was already made before the Sale close date.


*Approx.
Pricing excludes GST

Additional Info
Features
TenancySM Brands Pty Ltd - Licensed to operate Fila Australia
Lease TermFour (4) years + One (1) year
Commenced1st March 2026
Rent Review3% annual increases, Market at option
Bond/GuaranteesBank guarantee for three (3) months rental equivalent
Outgoings PayableBy tenant including Land Tax, as per lease
Age20-25 years approx
Air ConditionerOffices
AvailabilitySubject to Lease
Car Parking FeesNA
Car Spaces12 car spaces on site
ConditionVery Good
FloorsConcrete / timber- carpet first floor
Height6-7 metres *
Roller DoorsYes - motorised
ZoningIndustrial 1
Outgoings
Council Rates$7,236.16 ESVF $2,802.00
Land Tax$7,350.00 (single holding)
Agent Details
CVA Property Consultants - Luca Angelico

Luca Angelico

M | 0447 772 782
T | (03) 9623 2585
E | [email protected]

CVA Property Consultants - Craig McKellar

Craig McKellar

M | 0431 892 780
T | (03) 9623 2571
E | [email protected]

CVA Property Consultants - Ian Angelico

Ian Angelico

M | 0418 336 088
T | (03) 9623 2578
E | [email protected]