A substantial site with five distinct office/warehouse buildings strategically located just 16.5 km* from the CBD in Melbourne’s thriving northern industrial precinct.
A compelling opportunity to acquire a substantial 2.5 hectare* site with five distinct office/warehouse buildings totalling 11,855.7 sqm* of gross lettable area. The property’s recent leasing success and future development potential make it an opportunity not to be overlooked.
Adding to its appeal, the property is 80%* leased to established tenants including Kounis Metal Industries and Tickford Racing. Tickford Racing has recently committed to a lease renewal at a 56%* rental increase, demonstrating significant rental reversion potential across the complex. The property offers a growing income profile from $845,228 per annum* to $1,037,904 per annum* from February 2025. In addition, the current vacancy of the brand-new Building DE could generate an additional circa $300,000 per annum once leased.
Key features of the offering include:
