The Corner Stone | Quarter 3, 2020

THE CORNER STONE QUARTER 3, 2020 Oakleigh

03 9567 8888 Dandenong

03 8795 4888

crabtrees.com.au

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WELCOME TO THE NEXT EDITION OF THE CORNER STONE! WHERE YOU WILL FIND INFORMATION ON OUR CURRENT DEVELOPMENTS, FEATURE PROPERTIES AND LATEST NEWS FROM THE CRABTREES TEAM.

There is no doubt that Covid-19 has had a significant impact on our economy resulting in a periodic pause in the real estate market from late March through to June as Australians were uncertain on how this pandemic would fully impact their livelihoods.

But as restrictions are starting to ease, and with the measures our Governments have put in place to minimise the economic impact, Australians are returning to work and we are seeing a positive shift in the market.

Transactions are starting to flow again, albeit at lower volumes for the moment, as people are adapting to a new kind of normal.

There has been record enquiry rates over the digital platforms, particularly across the industrial sector demonstrating a confidence in the commercial real estate market which has resulted in some fantastic results for our clients as you will see further on in this publication.

We hope the positive outlook continues and want to again thank our clients for their support and the opportunity to assist them in these challenging times.

Our latest Corner Stone provides a great snapshot of our business activity. We trust you enjoy the read and please contact our team of Commercial Industrial & Retail Real Estate experts should you have any queries on 9567 8888.

Built on knowledge.

FOR SALE

FEATURE PROPERTIES

69-71 VOLTRI STREET, CHELTENHAM

218 - 220 VICTORIA STREET, RICHMOND

OCCUPY, INVEST OR DEVELOP • Land size of 3,328 sqm*; Industrial 1 zoning • Site is fully concreted and fenced • Existing factory/warehouse of 520 sqm* • Includes lunch bar investment returning $23,775 pa plus GST & Outgoings

RARE INFILL DEVELOPMENT SITE • 1,981 sqm* of prized Richmond land • Commercial 1 Zoning • Huge development potential • Development options could include multi level residential, multi level carparking, luxury retail premises or prime grade commercial office (STCA)

EOI Closing Thursday 6th August at 4pm

Chris McKenzie 0418 321 065

Gavin Dumas 0411 878 423

69 WARRIGAL ROAD, HUGHESDALE

44 SHAFTON STREET, HUNTINGDALE

PRIME FREEHOLD • Two level shop & dwelling/office • Located opposite Oakleigh retail precinct • Main road site with over 6m* of frontage • Rear laneway access • Commercial 1 Zoning (C1Z)

CLASSIC INVESTMENT • Reputable long standing business • 3 year lease with 3 year option • Annual increases • Security deposit + Directors Guarantees • Total building area 337 sqm*

EOI Closing Friday 31st July at 11am

EOI Closing Thursday 30th July at 4pm

Rodney King 0422 839 870

Luke Pitcher 0417 055 578

FOR SALE/LEASE

FEATURE PROPERTIES

1582 CENTRE ROAD, SPRINGVALE

113 - 115 ATLANTIC DRIVE, KEYSBOROUGH

QUALITY OFFICE WAREHOUSE • Main road site of 3,696 sqm* • High factory warehouse of 2,130 sqm* • Well appointed offices of 220 sqm* • Leased to United Fasteners with the lease expiring and no further option in December 2020.

RARE FACILITY IN PRIME LOCATION • Total building area of 1,446 sqm* • Includes office/showroom of 347 sqm* • High clearance warehouse • 24 onsite car spaces; Securely gated • Direct access to Greens Road providing immediate access to EastLink

Joe Monea 0448 486 665

Andrew Loudon 0422 618 975

4 RAINIER CRESCENT, CLYDE NORTH

1/7-9 BROUGH STREET, SPRINGVALE

TOP QUALITY OFFICE WAREHOUSE • Total building area of 827 sqm* • Dual level offices of 168 sqm* • Office area includes toilet and kitchen amenities on first floor • High bright warehouse of 659 sqm* • Ground floor amenities include disabled access & shower

Gavin Dumas 0411 878 423

FIRST CLASS OPPORTUNITY! • Total building area of 393 sqm* • A/C office/showroom of 104 sqm* • High and bright warehouse of 289 sqm* • A grade amenities including kitchenette and shower

Joe Monea 0448 486 665

*Approx

FOR LEASE

FEATURE PROPERTIES

248 GOVERNOR ROAD, BRAESIDE

TENANCY 1 - 7/1894 DANDENONG ROAD, CLAYTON

HIGH PROFILE OFFICE WAREHOUSE • Bright clear span warehouse of 1,877 sqm* • Dual container height roller doors • Offices over two levels of 279 sqm* • Ample parking on site including some undercover

QUALITY OFFICES IN PRIME LOCATION • Areas from 40 sqm* to 452 sqm* • Combinations or whole area of 2,665 sqm* • Ready to occupy with high quality fittings • New A/C, carpets, LED lighting, kitchens • Generous parking available including basement parking

Andrew Loudon 0422 618 975

Gavin Dumas 0411 878 423

53 CANTERBURY ROAD, BRAESIDE

55 CANTERBURY ROAD, BRAESIDE

NOW UNDER CONSTRUCTION! • Total building area of 1,751 sqm* • High clearance warehouse of 1,348 sqm* • Dual container access roller doors providing easy ingress and egress • Air conditioned offices of 388 sqm* • 26 car spaces

WE ARE BUILDING! • Total building area of 1,526 sqm* • High clearance warehouse of 1,204 sqm* • Three (3) motorised container access roller doors; Large loading canopy • Double level office/showroom of 267sqm* • 23 car spaces

Gavin Dumas 0411 878 423

Gavin Dumas 0411 878 423

FOR LEASE

FEATURE PROPERTIES

41 - 43 PACIFIC DRIVE, KEYSBOROUGH

5/200 WELLINGTON ROAD, CLAYTON

QUALITY FACILITY IN PRIME LOCATION • Highly functional premises of 716 sqm* • High bright warehouse of 489 sqm* • Handy rear yard with wash bay • A/C office & showroom of 227 sqm* • Secure gated car park • NO BODY CORP FEES

MODERN CORNER OFFICE WAREHOUSE! • Total building area of 800 sqm* • Dual level offices of 590 sqm* • High bright warehouse of 210 sqm* • Allocated car parking for 17 cars + access to on site visitor spaces • Quality fittings and amenities

Andrew Loudon 0422 618 975

Joe Monea 0448 486 665

10 - 16 PACIFIC DRIVE, KEYSBOROUGH

1 & 2/42 STAFFORD STREET, HUNTINGDALE

LOCATION & ACCESS • Total building area of 2,239 sqm* • Includes 310 sqm* total office area • High clearance, clearspan warehouse • Four container height roller doors; Two positioned at the front and two positioned at the side of the building

Grant Tishler 0417 552 919

TWO OF THE BEST - EACH FEATURE: • Total building area of 267 sqm* • Including 94 sqm* total office area • Great on site parking • Roller door access • Architecturally designed facade

Andrew Loudon 0422 618 975

*Approx

RECENT SALES RESULTS BRAESIDE

246c GOVERNOR ROAD Bright and spacious warehouse of 246 sqm* including ground floor showroom, first floor office, high internal clearance, secure rear storage yard and multiple roller door access sold within 10 days of being on the market for an undisclosed price.

KEYSBOROUGH 2 SOUTHPARK CLOSE

A modern office warehouse of 5,410 sqm* on site of 1.173 hectares* and currently occupied by Southern Colour, was offered on the market for sale or lease and sold to an owner occupier for an undisclosed price.

KNOXFIELD

1 KINGSTON PARK COURT Superb office/warehouse facility of 4,100 sqm* total bulding area with Stud Road corner frontage has sold to an interstate owner/occupier in the hospitality industry for $8.25 Million.

Built on knowledge.

SPRINGVALE

1/9 -13 SPRINGVALE ROAD A securely leased AAA investment in Springvale, home to national architectural paint supplier, DuluxGroup returning $214,918 pa net sold for $4.5 Million resulting in a tight 4.78% yield.

OAKLEIGH SOUTH 11-21 BUNNEY ROAD

A previous Linfox warehouse distribution facility of approximately 10,000 sqm* on a site of 1.7 hectares* sold in an off market transaction for $12.5 Million.

BRAESIDE

24a BRAESIDE DRIVE A fully fitted food production facility with a long-term secure tenant returning $62,496 pa net on a recently renewed 6-year lease sold to a local investor for $800,000.

RECENT LEASING RESULTS CLAYTON

1-11 McNAUGHTON ROAD A recently refurbished clearspan factory warehouse of 3,296 sqm* on a site of 5,375 sqm* has been leased on a 3 x 3-year lease at a rental of $265,000 pa net with 3% annual increases.

CLAYTON SOUTH 199b OSBORNE AVENUE

Well-presented office warehouse of approximately 1,195 sqm* with heavy power supply, large gas supply and 17 securely fenced car spaces has leased for $100,000 pa net on a 3 x 5-year lease with annual 3% increases.

DANDENONG 5 PARK DRIVE

Freshly renovated office/warehouse with 1,130 sqm* total building area with container height roller door and great onsite parking was leased on a 5-year lease for $84,500 pa net.

DANDENONG SOUTH 4 COMMERCIAL DRIVE

Office warehouse in Dandenong’s Industrial Precinct with total building area of 1,400 sqm* with office space of 165 sqm* has been leased on a 5 x 5 year lease at $102,000 pa net.

CRANBOURNE WEST 1 - 3 LONHRO BOULEVARD

Two blocks of land comprising 901 sqm* and 838 sqm* respectively, located in Thompsons Base business park with permits for warehouse/office buildings has been leased on a 10-year lease for $175,000 pa net.

NOBLE PARK

410 PRINCES HIGHWAY A warehouse of 3,811 sqm* with office/ showroom area of 313 sqm* on a site of 7,954 sqm* has been leased for an undisclosed price on a long term 5-year deal.

crabtrees.com.au

OUR TEAM IS YOUR TEAM PROPERTY MANAGEMENT DARYL COLLINS

MAGGIE TARANTO

AMANDA HART

Head of Property Management

Senior Property Manager

Property Manager

0400 021 003

0435 876 185

JULIE RABIN

JUSTIN MUCHA

SERGIO SJAHLIM

Property Manager

0418 551 761

Property Manager

Property Manager

0439 599 865

0448 054 587

0429 152 557

JADE WHITING

LINH HUYNH

YITIAN CAI

Assistant Property Manager

Trust Accounting

Trust Accounting

Built on knowledge.

COVID-19 UPDATE These have been “interesting times” to say the least for the team at Crabtrees Real Estate.

When the Corona Virus first appeared it was well over the horizon and not the lead news item during January, everybody knew about it, sometimes it was discussed and sometimes not and slowly but surely it came edging closer and closer, became a warmer topic of conversation, then hot news and it feels like one day it went BANG! And we all felt like we’d been punched in the face by Mike Tyson!

Whilst it wasn’t quite panic stations Crabtrees Real Estate there were crisis meetings, the boardroom became the war room and plans put in place to enable us to provide continuity of service for our clients.

As the stage 2 & 3 shutdown took effect, the phones rang off the hook and the emails pinged and pinged; our Property Management team and their support staff were inundated with requests for rent relief and help; the level of agitation, angst and shock from both Tenants and Landlords was immense; stuck in the middle the life of a Property Manager during the COVID-19 pandemic has been incredibly stressful; the work volume gigantic and finding solutions to issues not caused by either Landlord or Tenant challenging to say the least; after all, none of us has ever dealt with a global health crisis that has forced the Federal and State Governments to intentionally nose dive our economy into a recession.

Funnily enough it’s been a time that’s enabled us to strengthen relationships, learn new skills and be heartened by the generosity and empathy shown to us and others by our clients and customers.

On behalf of Chris McKenzie, Grant Tishler and myself we wanted to publicly thank our staff at Team Crabtrees; the Property Managers have done an absolutely outstanding job! Thank you also to our General Manager Kerri Beinke, your foresight, planning and implementation of all the things necessary to keep us going has been simply first class.

To the rest of our staff behind the scenes, you have been in the trenches with us, the battle is not over and there’s likely more months ahead of difficult times, together we will get through and look forward to our business thriving into the future.

Gavin Dumas Director

VISIT US

AT CRABTREES.COM.AU

PROJECT MARKETING What a first half to 2020 it has been! Whilst the world is experiencing uncertain times there has been a stack of activity in the Sales & Leasing world with plenty of opportunities on offer.

We are excited to announce the launch of FAIRBANK HUB! Featuring 23 architecturally designed warehouses and a cafĂŠ.

Construction has started with completion due Q1 2021, which allows prospective purchasers time to arrange finance etc.

Priced competitively and with returns estimated at circa 5.25% these buildings will sell quickly.

L-One is well and truly under construction with completion due early 2021. Prominently located at 87 Princes Highway, Dandenong and adjacent to the South Gippsland Freeway and immediate access to the M1 Monash Freeway. The site features office, retail and warehousing of various sizing to suit your leasing needs.

Vision Park, located at 317-319 Warrigal Road, Moorabbin is situated in Baysides most sought after industrial pocket and offers 4 architecturally designed office warehouses For Sale or Lease with building sizes ranging from 229 sqm – 356 sqm with rents from $42,550 pa net and pricing from $1,050,000 + GST. We now have approval for 22 office warehouses at 1 & 2 Steele Court, Mentone. Construction is due to commence early 2021.

Further details are listed within this publication.

Thompsons Base, Cranbourne West is a high-quality design and construct by Corplex. Now completed and with 50% already sold these buildings represent good value with prices starting at $575,000 + GST. Axis Melbourne located in the highly regarded Logis Estate in Dandenong has a limited number of purchasing and leasing options available. These are complete and now ready to occupy. 320sqm is the only size left and available for $35,000 pa net or $737,500 + GST to purchase.

Stay tuned for some exciting upcoming developments.

Luke Pitcher Manager - Project Marketing

CONTENTS FAIRBANK HUB

4

140 Fairbank Road, Clayton South Architecturally designed warehouses plus a cafe in the heart of Clayton’s industrial precinct.

AXIS MELBOURNE

6

28-52 Smeaton Avenue, Dandenong South Flexible and high quality solutions with a mixture of size ranges available for sale.

THOMPSONS BASE

8

11-15 Remount Way, Cranbourne West 13 Unit development with a mix of showroom warehouses and stores.

KEYLINK BUSINESS PARK

10

138 Indian Drive, Keysborough Architecturally designed office warehouse units..

STEELE COURT, MENTONE

12

1 & 2 Steele Court, Mentone Brand new office warehouses in the heart of industrial Mentone.

L-ONE BUSINESS PARK

14

87 Princes Highway, Dandenong South Brand new business park offering offive, warehouse and retail options for lease.

VISION PARK

16

317-319 Warrigal Road, Moorabbin Boutique offiec and warehouse development for sale and lease.

Built on knowledge.

LOCATION MAP These business parks are strategically located throughout Melbourne’s south eastern corridor and positioned with convenient access to major arterials providing excellent access for owners, tenants and their customers.

EASTERN FREEWA Y

MELBOURNE CBD

Nunawading

M1 F REE WA Y

EASTLINK

St Kilda

Knoxfield

Oakleigh

Brighton

FAIRBANK HUB

Notting Hill

Clayton

S CE IN PR

Moorabbin

AY W EE FR

Highett

Cheltenham

VISION PARK

M 1F RE EW AY

Mentone Dandenong

Keysborough

AN PE NE

STEELE COURT MENTONE

Dandenong South

AY HW HIG

KEYLINK

THOMPSONS BASE

Cranbourne

FOR LEASE FOR SALE OR LEASE

MELBOURNES BEST SELECTION OFOF BUSINESS PARKS MELBOURNES BEST SELECTION BUSINESS PARKS

OFFICES / WAREHOUSE / RETAIL OFFICES / WAREHOUSE / RETAIL

INDUSTRIA NUNAWADING GREENLINK BUSINESS PARK FAIRBANK THOMPSONS HUB BASE CRANBOURNE WEST CONSTRUCTION HAS NOW STARTED ON THESE 23 ARCHITECTURALLY DESIGNED WAREHOUSES PLUS A CAFE IN THE HEART OF THE CLAYTON’S INDUSTRIAL PRECINCT. Sizes range from 106sqm - 231sqm Prices start at $349,800 + GST Key features include: • • • • • • • • •

Roller door access Unisex disabled toilets Allocated car parking Securely fenced and gated Build your own office to your specifications Flexible Industrial 1 zoning Ideal for business, storage or investment Tax depreciation benefits Due for completion Q1 2021

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

Luke Pitcher 0417 055 578 Chris McKenzie 0418 321 065 Joe Monea 0448 486 665

5

140 Fairbank Road, CLAYTON SOUTH Lot Number

Unit Number

Total (m²)

Rent (excl GST)

Sale Price (excl GST)

1

Cafe

176

Contact Agent

Contact Agent

2

Warehouse 24

217

$35,805

$716,100

3-7

Warehouses 23 - 19

159 each

$27,030 each

$524,700 each

8 - 12

Warehouses 18 - 14

145 each

$24,650 each

$478,500 each

13

Warehouse 13

106

$18,550

$349,800

14

Warehouse 12

107

$18,725

$353,100

15

Warehouse 11

129

$21,930

$425,700

16

Warehouse 10

130

$22,100

$429,000

17

Warehouse 9

130

$22,100

$429,000

18 - 23

Warehouses 8 - 3

143 each

$24,310 each

$471,900 each

24

Warehouse 2

231

$40,425

$762,300

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.

FOR FORSALE SALE OR LEASE

MELBOURNES MELBOURNES BEST SELECTION BEST SELECTION OF BUSINESS OF BUSINESS PARKSPARKS

OFFICES OFFICES // WAREHOUSE WAREHOUSE // RETAIL RETAIL

Axis CRANBOURNE Melbourne BUSINESS ESTATE WEST THOMPSONS BASE CRANBOURNE LOCATED WITHIN THE AWARD WINNING AND MASTERPLANNED LOGIS DANDENONG ESTATE PROVIDING USERS WITH IMMEDIATE ACCESS TO GREENS ROAD AND EASTLINK.

Megan Miles 0401 288 800 Andrew Loudon 0422 618 975

Available sizes from 143 sqm - 745 sqm Sale prices from $467,250 Lease prices from $20,000 pa net Axis provides flexible and high quality solutions for owner occupiers and investors alike with a mixture of size ranges available for sale or lease.

Each unit will benefit from: • • • • •

An impressive corporate façade Allocated car parking Container height roller shutter door High clearance warehousing Surrounding Axis is significant amenity with parks, café and walking trails

Constructed by one of Melbourne’s most successful and award winning industrial builders Elite Property Group, Axis will be the perfect location for your business’ future.

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

7

28-52 Smeaton Avenue, DANDENONG SOUTH Street Address

Office (m2)

Warehouse (m2)

Total (m2)

Sale Price (excl GST)

Rent (excl GST)

54 Axis Crescent

58

262

320

$737,500

$35,000

56 Axis Crescent

58

262

320

$737,500

$35,000

58 Axis Crescent

58

262

320

$737,500

$35,000

60 Axis Crescent

58

262

320

$737,500

$35,000

62 Axis Crescent

58

262

320

$737,500

$35,000

64 Axis Crescent

58

262

320

$737,500

$35,000

66 Axis Crescent

58

262

320

$737,500

$35,000

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.

FOR SALE

MELBOURNES BEST SELECTION OF BUSINESS PARKS

OFFICES / WAREHOUSE / RETAIL

THOMPSONS BASE BUSINESS PARK 13 UNIT DEVELOPMENT WITH A MIX OF SHOWROOM WAREHOUSES AND STORES SURE TO HAVE A SPACE TO SUIT EITHER OWNER OCCUPIER OR INVESTOR. Available areas: 303 sqm - 3331 sqm Prices from $575,500 + GST Warehouses/Showrooms: • Mezzanine office that has been carpeted and painted throughout • 9m internal clearance •E lectrical roller shutter door to rear Store/Warehouses: • Ideal for storage or small business operators • 8.1m internal clearance The complex features: • 7.3m wide concrete drive • Impressive facade along Latchford Street •H igh quality design and construction by Corplex

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

Andrew Loudon 0422 618 975 Megan Miles 0401 288 800

9

11-15 Remount Way, CRANBOURNE WEST Unit/Lot

Warehouse (m2)

Total (m2)

Sale Price (excl GST)

Store A

133

133

SOLD

Store B

133

133

SOLD

Store C

133

133

SOLD

Store D

133

133

SOLD

Store E

133

133

SOLD

Store F

165

165

SOLD

Warehouse 1

273

331

$628,900

Warehouse 2

243

303

$575,500

Warehouse 3

243

303

$575,500

Warehouse 4

243

303

$575,500

Warehouse 5

243

303

$575,500

Warehouse 6

243

303

$575,500

Warehouse 7

273

354

LEASED

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.

FOR LEASE

MELBOURNES BEST SELECTION OF BUSINESS PARKS

OFFICES / WAREHOUSE / RETAIL

G

W O N

IN S EA

L

KEYLINK BUSINESS PARK NEW ARCHITECTURALLY DESIGNED OFFICE WAREHOUSE UNITS IN A PRIME LOCATION ADJACENT TO EASTLINK. With a variety of sizes to choose from, limited opportunities are available!

Features: • Areas available from 232 sqm to 407 sqm • Functional floor plans with top quality fittings • High bright clear span warehouses • Air conditioned offices • Ample allocated on site parking • Security fences and gates • Attractive landscaped gardens

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

Andrew Loudon 0422 618 975 Megan Miles 0401 288 800 Gavin Dumas 0411 878 423

11

138 Indian Drive, KEYSBOROUGH Lot No.

Mezzanine (m2)

Warehouse (m2)

Total (m2)

Car Spaces

Rent (excl GST)

1

67

340

407

7

$55,000

6

50

182

232

6

$29,000

7

50

210

260

4

$32,500

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries.

All sale prices and asking rentals DO NOT include GST.

FORFOR LEASE SALE

MELBOURNES BEST SELECTION OFOF BUSINESS PARKS MELBOURNES BEST SELECTION BUSINESS PARKS

OFFICES / WAREHOUSE / RETAIL OFFICES / WAREHOUSE / RETAIL

INDUSTRIA NUNAWADING GREENLINK BUSINESS PARK MENTONE THOMPSONS BASE CRANBOURNE WEST BRAND NEW OFFICE WAREHOUSES FROM SMALL STORAGE UNITS TO CORPORATE FACILITIES IN CONVENIENT MENTONE LOCATION. Office warehouses from 106 sqm – 822 sqm Key features include: • Allocated car parking (some covered and with infrastructure for car charging points!)

• Part of the area is securely fenced with automated gates • Contemporary kitchenette and amenities • Excellent truck access with designated shipping container loading areas.

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

Megan Miles 0401 288 800 Luke Pitcher 0417 055 578

13

1 & 2 Steele Court, MENTONE Lot

Warehouse (m²)

Mezzanine (m2)

Total (m2)

Car Spaces

Sale Price (excl GST)

1

157.37

49.97

207.34

3

$725,690

2

158.97

59.3

218.27

3

$763,945

3

205.17

59.3

264.47

3

$912,422

4

682.44

140

822.44

12

$2,385,076

5-6

270.56

91.19

361.75 each

7

$1,211,863 each

7

270.51

97.3

367.81

7

$1,232,164

8-9

108.24

23.7

131.94 each

3

$540,954 each

10

113.77

23.7

137.47

3

$563,627

11

114.39

23.7

138.09

3

$566,169

12

113.77

23.7

137.47

3

$563,627

13 - 14

108.24

23.7

131.94 each

3

$540,954 each

15

334.92

67.58

402.50

7

$1,288,000

16

337.92

67.58

405.50

7

$1,297,600

17 - 21

81.27

24.93

106.20

3

SOLD

22

81.27

24.93

106.20

3

$446,040

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.

FOR LEASE FOR LEASE

MELBOURNES BEST SELECTION OFOF BUSINESS PARKS MELBOURNES BEST SELECTION BUSINESS PARKS

OFFICES / WAREHOUSE / RETAIL OFFICES / WAREHOUSE / RETAIL

INDUSTRIA NUNAWADING GREENLINK BUSINESS PARK L-ONE THOMPSONS BUSINESS BASE PARK CRANBOURNE WEST BRAND NEW BUSINESS PARK COMING SOON OFFERING OFFICE, RETAIL & WAREHOUSE SPACE. Office/Warehouses/Showrooms various sizes and options available Pricing on request Key features include: • • • • • •

Multiple size ranges available Includes 212 sqm of food grade space Fronting Princes Highway Ample parking Surrounded by all the major amenities High quality finishes

Prominently positioned on Princes Highway almost adjacent to the South Gippsland Freeway this is an enviable business location with high exposure to thousands of drivers-by and immediate access to major arterials.

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

Andrew Loudon 0422 618 975 Megan Miles 0401 288 800

15

87 Princes Highway, DANDENONG SOUTH Unit

Warehouse (m2)

Office (m2)

Total (m2)

1

208

360

568

2-5

209

362

571 each

6 - 10

201

90

291 each

11

395

126

521

12 - 15

272

127

399 each

16 - 23

114

56

170 each

Office 11

227

227

Office 12

256

256

Office 13

256

256

Cafe’

212

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.

FOR LEASE FOR SALE OR LEASE

MELBOURNES BEST SELECTION OFOF BUSINESS PARKS MELBOURNES BEST SELECTION BUSINESS PARKS

OFFICES / WAREHOUSE / RETAIL OFFICES / WAREHOUSE / RETAIL

INDUSTRIA NUNAWADING GREENLINK BUSINESS PARK VISION THOMPSONS PARK BASE CRANBOURNE WEST LOCATED IN BAYSIDE’S MOST SOUGHT AFTER INDUSTRIAL POCKET, VISION PARK IS A BOUTIQUE OFFICE AND WAREHOUSE DEVELOPMENT IN MOORABBIN. Office/Warehouses from 229 sqm to 356 sqm Sale prices from $1,050,000 Lease prices from $42,550 pa net Key features include: • • • • • • •

Units 1 and 2 for lease only - well suited to a National Tenant Units 3 and 4 for sale or lease Optional air-conditioned first floor office Kitchenette and disabled bathroom in each unit 7m* internal warehouse clearance Buy in SMSF while you can!

Depreciation benefits

Located in Bayside’s most sought after industrial pocket with premier frontage to Warrigal Road, which will benefit from a high level of passing traffic.

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

Rodney King 0422 839 870 Luke Pitcher 0417 055 578

17

317 - 319 Warrigal Road, MOORABBIN Unit

Office (m2)

Warehouse (m2)

Total (m²)

Rent (excl GST)

1

212

144

356

$65,860

2

50

179

229

$42,550

3

50

250

300

$55,500

$1,050,000

4

49

247

296

$54,495

$1,050,000

Sale Price (excl GST)

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.

PREVIOUS PROJECTS SNAPSHOT M-INC 105-115 Cochranes Road, Moorabbin 36 OFFICE WAREHOUSES, WAREHOUSES & CAFE’ • Sizes from 236sqm - 717sqm • SOLD OUT 2020

INDUSTRIA NUNAWADING 31-39 Norcal Road, Nunawading 71 STRATA OFFICES & OFFICE WAREHOUSES • Sizes: 91sqm – 400sqm • SOLD OUT AND FULLY LEASED 2020

AERO BUSINESS PARK 26-30 Kembla Street, Cheltenham 9 OFFICE WAREHOUSES • Sizes: 191sqm – 202sqm • FULLY LEASED 2020

THE QUADRANT 1-9/38-42 Wannan Street, Highett 9 OFFICE WAREHOUSES • Sizes from 144sqm • SOLD OUT 2020

KEYLINK 138 Indian Drive, Keysborough 8 OFFICE WAREHOUSES • Sizes: 232sqm – 407sqm • SOLD OUT 2019

For further details contact Luke Pitcher on 0417 055 578

PREVIOUS PROJECTS SNAPSHOT THOMPSONS BASE 7-11 Whitfield Boulevard, Cranbourne 12 SHOWROOM WAREHOUSES + STORAGE • Sizes: 117sqm - 325sqm • SOLD OUT 2019

PARK LANE 55-57 Whiteside Road, Clayton South 7 WAREHOUSES • Sizes from 197sqm - 226sqm • SOLD OUT 2018

INDUSTRIA KNOXFIELD 1470 Ferntree Gully Road, Knoxfield 88 OFFICE WAREHOUSES • Sizes: 132sqm – 230sqm • SOLD OUT 2018

PRECISION BUSINESS PARK 1-8 Precision Lane, Notting Hill 8 OFFICE WAREHOUSES • Sizes: 323sqm – 326sqm • SOLD OUT 2018

61 WESTMINISTER STREET, OAKLEIGH 7 FREEHOLD OFFICE WAREHOUSES • Sizes 266sqm - 665 sqm • SOLD OUT 2017

For further details contact Luke Pitcher on 0417 055 578

OUR TEAM IS SALES & LEASING CHRIS MCKENZIE

GAVIN DUMAS

GRANT TISHLER

Director

Director

Director

0418 321 065

0411 878 423

0417 552 919

ANDREW LOUDON

RODNEY KING

Senior Executive

Senior Executive

0422 618 975

0422 839 870

LUKE PITCHER Manager Project Marketing 0417 055 578

MEGAN MILES Senior Executive 0401 288 800

JOE MONEA Executive 0448 486 665

YOUR TEAM KERRI BEINKE

JENNY FAY

MICHELLE GRACE

General Manager

Accounts Administration

Marketing Manager

CHRISTINE GREY

ASHLEIGH DI GREGORIO

Sales Administration

Marketing Assistant

Oakleigh

03 9567 8888

Dandenong

03 8795 4888

All areas, prices and information contained in this publication are subject to change and the information provided herein is a guide only and doesn’t represent a contract in any form.

Oakleigh

03 9567 8888 Dandenong

03 8795 4888

crabtrees.com.au