Entry-Level Industrial Investment with Quality Tenant & Fixed Returns

Sold - 1/10 Klauer Street, Seaford

Investment opportunity, Industrial

Sale Details

Sold on 15 Jun 2026 for $890,000

Building Area 356m²
Rate $2,500 per m²
Yield: 5.30%

Overview

Sale History ID: 43480
Property ID: 21544
Advertised Price: Contact Agent

Description

POINT OF INTEREST:

Securely leased and strategically positioned within Seaford’s tightly held industrial precinct, this front-positioned investment offers a rare opportunity to secure a modern office/warehouse with strong tenant covenant and long-term flexibility. Occupying the prominent front unit within this brand-new estate adjacent to VicRoads, the property is leased to a private business operating within the merchandising and clothing industry and provides immediate passive income with fixed annual rental growth.

The property comprises a total building area of 356 sqm*, including a significant fully permitted mezzanine level providing additional storage and a fully air-conditioned office area. High-quality finishes and modern amenities include a disabled bathroom with shower facilities, kitchenette and excellent natural light throughout. With three allocated car spaces and exceptional connectivity to Peninsula Link, Nepean Highway and Frankston Freeway, the property is ideally positioned within one of Melbourne’s strongest south-eastern industrial growth corridors.

Investment highlights include:
- Securely leased to a private merchandising & clothing business.
- Returning $47,210.05 per annum + GST & outgoings.
- Three (3) year lease commenced 1 May 2024.
- Further three (3) year option.
- Fixed 3% annual rental increases.
- Security deposit equivalent to 3 months’ rent + GST.

Property features:
- 356 sqm* total building area.
- 70 sqm* mezzanine storage area.
- 50 sqm* air-conditioned mezzanine office.
- Industrial 1 zoning.
- 8 m* warehouse clearance height.
- 3 allocated car spaces.
- Approx. 2 km* to Peninsula Link.
- Approx. 2.2 km* to Nepean Highway.

POINT OF VIEW:

A front-row industrial investment with secure income, fixed growth and the flexibility modern businesses fight over — the type of asset investors hold onto for the long term.

*Approx.
Pricing excludes GST.

Additional Info
Features
TenancyPrivate
Lease Term3 years + 3 years
Commenced1st May 2024
Rent Review3% Annual Increases, Market Review at Option.
Bond/Guarantees3 Month Security Deposit
Outgoings PayableTenants pay 100% of Retail Outgoings
AgeCirca 5 years
Air ConditionerYes - in office area
AvailabilityAs per lease
Car Parking FeesN/A
Car Spaces3
ConditionBrand new and highly specified
FloorsConcrete / Carpet (in first floor office)
Height8m*
Roller DoorsContainer height & motorised
Wheel Chair AccessYes - to ground floor only
ZoningIndustrial 1 (IN1Z)
Outgoings
Agent Details
CVA Property Consultants - Tim Cooney

Tim Cooney

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