The Corner Stone | Quarter 2, 2019 by Crabtrees Real Estate

THE CORNER STONE QUARTER 2, 2019 Oakleigh

03 9567 8888 Dandenong

03 8795 4888

crabtrees.com.au

JAN - MAR 2019

SNAPSHOT $

$15,340,000 TOTAL SALES 2 AUCTIONS

$2,213,660 TOTAL LEASES PA

$4,900,000

HIGHEST SALES RESULT

$220,000 pa net

HIGHEST RENTAL RESULT

WELCOME TO THE 2ND QUARTER EDITION OF THE CORNER STONE! WHERE YOU WILL FIND INFORMATION ON OUR CURRENT DEVELOPMENTS, FEATURE PROPERTIES AND LATEST NEWS FROM THE CRABTREES TEAM. The first quarter of 2019 has seen a surge in leasing demand for industrial properties in the south east and that is evident with our recent leasing transactions of over 40 properties – higher than this time last year. This is possibly a result of the tightened bank lending and a lack of stock for this particular growth corridor of Melbourne. We have seen a strong start to our auction campaigns for 2019 with increased enquiry on industrial stock in the Clayton and Oakleigh areas and impressive results under the hammer. 2019 has also marked the 100th birthday of Crabtrees Real Estate founder Ed Crabtree who was recently celebrated in the Herald Sun for his outstanding service and work in restoring the only remaining B-24 Liberator bomber aircraft in the southern hemisphere, one he used to pilot when he joined the RAAF in 1939. Ed reflects on starting the Crabtrees business from scratch in 1956 with no prior real estate knowledge. ‘I knew nothing about the business, but the license was easy to acquire; and required no study. It wasn’t long before I had to set up an IBM computer to help handle the huge work load in the office. And, from that humble beginning, the business continued to grow a great deal. I retired in 2001 after 45 years in real estate; I was 82 years old.’ - Ed Crabtree, Founder. We congratulate Ed Crabtree on this amazing milestone and pay homage to our founder on such a fulfilling life with so many outstanding achievements. Ed Crabtree - Founder Crabtrees Real Estate

FOR SALE

FEATURE PROPERTIES

199B OSBORNE AVENUE, CLAYTON

907 PRINCES HIGHWAY, SPRINGVALE

OFFICE FACTORY/WAREHOUSE • Double storey office/showroom of 281m²* • Warehouse of 914m²* with 7.7m height • Container height roller door access • Heavy power supply & large gas supply

POSITION! POSITION! POSITION! • Solid brick showroom warehouse of 290m2* • First floor office of 90m2* • 3 separate office spaces • Room for container drop off & 6 cars* AUCTION Thursday 18th April at 1pm

Aaron Bensimon 0418 159 953

Chris McKenzie 0418 321 065

65 NAXOS WAY, KEYSBOROUGH

55 WHITESIDE ROAD, CLAYTON SOUTH

PREMIUM INDUSTRIAL DEVELOPMENT • 6 high quality office warehouses • Sizes range from 374m2* to 615m²* • Container height roller doors and parking • Amenities including toilet and kitchenette

INVESTMENT WITH DEVELOPMENT UPSIDE • Quality facility of 609m²* on site of 2,330m²* • Leased to award winning Ducon Maintenance P/L • Returning $111,458.15 pa net* • Future development potential with plans & permits

**Also available For Lease

EOI Closing Thursday 2nd May at 4pm

Megan Miles 0401 288 800

Andrew Loudon 0422 618 975

FOR LEASE

FEATURE PROPERTIES

157 LONSDALE STREET, DANDENONG

LOTS 1 & 2 ATLANTIC DRIVE, KEYSBOROUGH

RECEPTION / FUNCTION FACILITY • Versatile first floor self contained reception centre • Total area of 670m²* • Landmark Punt Hill building • Fully equipped commercial kitchen

EASY ACCESS TO EASTLINK! • Brand new office/warehouses • Lot 1: Warehouse of 2,020m²*, office of 321m²* • Lot 2: Warehouse of 2,020m²*, office of 330m²* • Both offer 3 loading bays, large side canopies and dual access

Andrew Goodman 0412 589 250

Grant Tishler 0417 552 919

105-115 COCHRANES ROAD, MOORABBIN

14 BALCOMBE ROAD, MENTONE

MOVE INTO M-INC TODAY! BRAND NEW OFFICE WAREHOUSE • Warehouse of 236m²*; 53m²* mezzanine office • A grade internal finishes including kitchenette, toilet facilities and hardwood staircase • Allocated on site car parking • On site cafe coming soon

Megan Miles 0401 288 800

CAPTIVATING AND SURPRISING • Retail/office of 324m²* with quality finishes • Potential to split into 2 tenancies • Full kitchen, bathroom & additional amenities • Separate entries to both levels from rear and front **Also available For Sale

Niki Drendel 0411 650 185 *Approx

LAND TAX 2019

WHAT YOU NEED TO KNOW By now, most entities that own property will have received their 2019 State Revenue Office (SRO) issued Land Tax Assessment Notices. For many there has been a significant increase on their previous notices. This has raised some questions from our clients so we have put together a summary of the tax, the issues for 2019 and points to consider if you want to challenge the notice. Land Tax Basics: • Land Tax is a tax that applies to property with a land value in excess of $250,000 as at midnight 31 December 2018. • Increases in Land Tax are a direct result of assessed increases in land values based on sales data and a function of where the values are in terms of the SRO levy scale. • The Land Tax calculation scale hasn’t changed since 2009 but applies more land tax per dollar of value as you step up the scale. For example: a property at $599,999 = Land Tax of $1,475 while a property at $600,000 = Land Tax of $3,975. https://www.sro.vic.gov.au/node/1486 Payment Methods: • The SRO has also changed the payment method i.e. if you are paying the whole amount the date has been brought forward to 21 June 2019. • If you are paying by instalments, then the dates have been brought forward by two weeks but more significantly, you will need to register with SRO to arrange auto deductions from your credit card or nominated account. Land Tax Objection Process: • Objections must be lodged within 60 days of the issue date of the notice. • Below is a link to the site explaining the only grounds for objections (ref Section 2 - https://www.sro.vic.gov.au/node/1512) “At Crabtrees, we are advising clients with significant increases to seek initial reviews via qualified valuers. The cost varies but given the quantum of some of the increases, this can be a significant overall saving if it assists clients through the objection process to a positive reduction.” commented Daryl Collins, Head of Property Management. “The increases experienced by Landlords, and the potential flow-on effects to tenants, are a challenge in the current market. We are conscious about these effects and will do our upmost to advise our clients the best way forward.”

STAFF PROFILE MEGAN MILES Senior Executive

Megan Miles loves a challenge and is one of the growing number of women taking on the industrial and commercial property industry. Megan first joined Crabtrees in 2008 where she was advanced through various roles, gaining experience across multiple sectors before establishing herself as a Senior Executive based in our Dandenong office. A true area specialist of commercial real estate in the City of Knox, Megan enjoys a diverse role from sales and leasing through to project marketing and property development. “I love the fact that each day is very different and take a great amount of pleasure from helping my clients realise their goals, from large property developers right through to first time buyers.” Megan Miles – Senior Executive.

MEGAN’S RECENT LISTINGS LEASE

LEASE

BAYSWATER

SCORESBY

1/24 LONGSTAFF ROAD

1/1350 FERNTREE GULLY ROAD

Well maintained office/warehouse of 1,464 sqm, quality offices and amenities, 2 roller shutter doors, warehouse height to 6m and 24 carspaces.

Quality partitioned offices located between EastLink and Stud Road with massive exposure and signage opportunity. Offering a total area of 579 sqm that can be leased partitioned or offered as open plan shell.

LEASED

CLAYTON SOUTH

UNITS 1 & 4/536-546 CLAYTON ROAD

Architecturally designed industrial showrooms of 362 sqm each offering 3 phase power, mulitple container drop off points and excellent internal clearance leased for $55,000 pa net each.

SOLD

CLAYTON SOUTH 1/165 WESTALL ROAD

Street fronting showroom warehouse of 295 sqm sold to an owner occupier for $630,000.

For more information contact Megan Miles on 0401 288 800

A CLIENT’S JOURNEY PRECISION INTERNATIONAL

We recently sat down with Precision International owner, Bill Nitschke, to chat about his journey as a Crabtrees Real Estate client. As Australia’s leading engine parts company, Precision International specialises in wholesale service to the engine rebuilder and automotive reseller industries as well as to the retail market. Established in 1970, Precision is a privately owned and independent wholesaler and boasts fully operational sales and warehousing facilities throughout Australia. Precision’s owner, Bill Nitschke, and his son, Precision’s Managing Director, William, have worked with Crabtrees’ Director, Grant Tishler, over the past 20 years, developing a strong professional relationship. As the Precision business grew, they identified a need for a larger premises and reached out to Grant for assistance. ‘We first met Grant Tishler many years ago, before he was a director at Crabtrees. He was our property manager when we were renting our old HQ on Blackburn Road in Notting Hill.’ ‘When we found the property for our new HQ, Grant negotiated the sale on our behalf to buy the property from the Victorian Government.’ Bill Nitschke.

‘Bill and William wanted to build a state of the art facility for their HQ and they called me to assist them in locating a site and also coordinate the development. I was able to find a suitable site which was being sold by the state government, a former primary school, located in the perfect position. The site was larger than what was required for Precision HQ, so a decision was made to build a business park which would include the new HQ.’ – Grant Tisher, Director. The park included a corporate office warehouse which was leased to Elco Food Co and then sold as an investment, in addition to eight office warehouse units, with all deals negotiated by Crabtrees. For the whole story, click the link below: https://www.crabtrees.com. au/media/LatestNews/208. aspx

OUR TEAM IS YOUR TEAM PROPERTY MANAGEMENT DARYL COLLINS Head of Property Management 0400 021 003

MAGGIE TARANTO

DAVID LINDSEY Senior Property Manager 0429 152 557

EMILY ARNOTT

MARCUS SHARMAN Property Manager 0400 646 467

LORRAINE MCNALLY

Property Manager

0435 876 185

0439 599 865

0448 054 587

AMANDA HART

YUYAN SHEN

JESS Oâ&#x20AC;&#x2122;CALLAGHAN

Property Manager

Assistant Property Manager

REBECCA TIPPETT

LINH HUYNH

YITIAN CAI

Assistant Property Manager

Trust Accounting

0418 551 761

GRACE GAO Trust Accounting

Property Manager

Built on knowledge.

STAFF PROFILES DAVID LINDSEY Senior Property Manager

David began his real estate career in 2001 where he managed a large portfolio of residential, retail and commercial properties. Having also worked in retail property research and valuations, David brings to the team specialist knowledge in retail investments. David prides himself on providing reliable advice to landlords and maintaining productive relationships with tenants and other stakeholders. David has completed a business degree and with his extensive experience understands what is required to build and manage a successful commercial portfolio for his clients.

MARCUS SHARMAN Property Manager

Marcus brings an extra element to our Property Management team being equipped with a strong background in Essential Safety Measures within the Commercial Real Estate sector. Having also previously worked as a Property Manager and Sales & Leasing executive, Marcus has a diverse and extensive knowledge of the commercial real estate market and industry as a whole. With his natural ability to â&#x20AC;&#x153;think outside the boxâ&#x20AC;? and dedication to achieving successful outcomes for his clients, you can be certain that your investment is in safe hands with Marcus.

FOR MORE INFORMATION ON CRABTREES REAL ESTATE PROPERTY MANAGEMENT SERVICES PLEASE CALL 9567 8888.

RECENT RESULTS Despite recent media claims of a struggling residential market, the commercial/industrial market remains strong. Crabtrees has seen some outstanding results in the first quarter of 2019 having secured 45 new tenancies and over $15 million in sales transactions. We have experienced a lot of demand in the leasing market across a variety of sizes and locations. Quality industrial space is also in high demand and lack of stock in this segment has brought about greater competition and impressive results. For more information on current market conditions please contact our team of experts on 9567 8888.

LEASING RESULTS

CLAYTON

10 WINTERTON ROAD Clear span warehouse of 1,095sqm with dual level office of 295sqm, upgraded power supply and rear yard leased for $108,000 pa net on a 3 x 3 year lease with 3% reviews.

KNOXFIELD 111 LEWIS ROAD

A prominent well appointed showroom warehouse of 773sqm has been leased for $80,000 pa net on a 5 x 5-year lease with 3% annual increases.

SALES RESULTS

BRAESIDE

115-117 WOODLANDS DRIVE A modern office warehouse of 785sqm in the Woodlands Industrial Estate, Braeside sold for $1.35 Million following a successful sale/lease campaign. The property features warehouse of 570sqm with excellent height, offices of 215sqm, container access and approximately 10 car spaces.

Built on knowledge.

CLAYTON

1-11 MCNAUGHTON ROAD Originally offered on the market for lease, a sizeable factory warehouse of 3,296sqm in Clayton sold for $4.9 Million equating to $1,486 per sqm. Featuring 6m height, 4 container height roller doors, substantial power supply and 20 on site car spaces.

crabtrees.com.au

PROJECT MARKETING We have seen impressive progress across most of the developments this first quarter of 2019 with construction either completed or due to be completed by the end of the upcoming quarter. Leasing transactions have been particularly strong with limited availability in our most established developments Park Lane and Industria Knoxfield. We also have some exciting new developments in Keysborough and Cranbourne West with multiple options and sizes available. With construction started, concrete panels up and some roofs on, Axis, Melbourne is really starting to take shape and 50% of the units have already been sold. There is still availability across a variety of size options with pricing starting at $467,250. There are only 5 units that remain at M-INC with competition due within the next quarter. Options available for sale or lease from 228 sqm to 694 sqm. We have been gaining more traction with leasing deals at Industria Knoxfield since the occupation of Jetts Fitness and currently have only 6 units left from 152 sqm to 313 sqm starting from $23,500 pa. Aero Business Park has been a popular choice and is close to capacity with only 3 units remaining. Available spaces range from 177 sqm to 202 sqm and they start from $26,500 pa. Keylink has just one remaining unit offered for sale with an area of 263 sqm and an asking price of $615,000. We also have 4 other units offered for lease with sizes ranging from 232 sqm to 407 sqm starting at $33,000 pa. We introduce a new development at 65 Naxos Way, Keysborough that comprises of 6 well-appointed office warehouses with high quality finishes in a growing industrial precinct. On offer for sale or lease, sizes range from 374 sqm to 615 sqm with prices starting from $46,750 pa. Located within Thompsons Base Business Park at 11-15 Remount Way, Cranbourne West we have a 13-unit development for sale offering a mix of showroom warehouse and stores. High quality design and construction by Corplex, there are multiple spaces available ranging from 133 sqm to 354 sqm with prices starting from $266,000. Stay tuned for some exciting upcoming developments.

Megan Miles Senior Executive

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

M-INC 105-115 Cochranes Road, Moorabbin Brand new industrial estate featuring office warehouses, warehouses and on-site cafeâ&#x20AC;&#x2122;.

PARK LANE 57-59 Whiteside Road, Clayton South Brand new warehouses in the heart of Clayton South.

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

THOMPSONS BASE Corner Whitfield & Latchford Boulevard Brand new business park featuring both storage units and showrooms/warehouses.

NAXOS WAY 65 Naxos Way, Keysborough High quality office warehouses.

KEYLINK BUSINESS PARK 138 Indian Drive, Keysborough Architecturally designed office warehouse units.

INDUSTRIA KNOXFIELD 1470 Ferntree Gully Road, Knoxfield For sale and lease office warehouses positioned between EastLink and Burwood Highway.

INDUSTRIA NUNAWADING 31-39 Norcal Road, Nunawading Architecturally designed office warehouses and an iconic three level office building.

AERO BUSINESS PARK 26-30 Kembla Street, Cheltenham Brand new business park with 9 warehouses for lease right next door to Moorabbin airport.

THE QUADRANT HIGHETT 1-9/38-42 Wannan Street, Highett Boutique development of 9 architecturally designed office warehouse units.

LOCATION MAP These business parks are strategically located throughout Melbourneâ&#x20AC;&#x2122;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

Notting Hill

Oakleigh

Brighton

Clayton

PARK LANE

M 1F RE EW AY

AY W EE FR

Highett

S CE IN PR

Moorabbin

Cheltenham

THE QUADRANT KEYLINK

Dandenong

Keysborough

AERO BUSINESS PARK AN PE NE AY HW HIG

NAXOS WAY KEYSBOROUGH

Dandenong South

INDIAN DRIVE BUSINESS PARK THOMPSONS BASE

Cranbourne

FOR FORSALE SALE

MELBOURNES MELBOURNESBEST BESTSELECTION SELECTIONOF OFBUSINESS BUSINESSPARKS PARKS

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 210sqm - 235sqm Prices from $467,250 Axis provides flexible and high quality solutions for owner occupiers and investors alike with a mixture of size ranges available for sale. 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. 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.

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

28-52 Smeaton Avenue, DANDENONG SOUTH Unit

Office (m2)

Warehouse (m2)

Total (m2)

Sale Price (excl GST)

177

227

$522,100

143

SOLD

143

SOLD

181

235

$540,500

214

$476,150

210

$467,250

210

$467,250

210

$467,250

210

$467,250

210

$467,250

210

$467,250

210

$467,250

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 OR LEASE

MELBOURNES BEST SELECTION OF BUSINESS PARKS

OFFICES / WAREHOUSE / RETAIL

M-INC M-INC IS A BRAND NEW INDUSTRIAL ESTATE FEATURING OFFICE WAREHOUSES, WAREHOUSES AND AN ON-SITE CAFÉ. This location provides easy access to Melbourne’s bayside suburbs as well as the south eastern corridor via Nepean Highway, Warrigal Road, South Road, Centre Dandenong Road and Centre Road.

Megan Miles 0401 288 800 Rodney King 0422 839 870 Chris Mckenzie 0418 321 065

Features:

• Stage 2 spaces: 228sqm - 694sqm • Internal warehouse height approximately 7.5m • Reverse cycle heating and cooling to mezzanine office • 3 phase power • Metal halide hi-bay fittings • Motorised container height roller shutter doors • Signage provision to front of each unit • On-site cafe’

*Approximately

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

SOLD

LEASED

SOLD

LEASED

SOLD

105-115 Cochranes Road, MOORABBIN Grd Floor Office (m2)

1st Floor Office (m2)

Warehouse (m2)

Total (m2)

Car Parks

Sale Price (+ GST)

Rent (+GST)

236

290

$826,500

$45,000

236

290

$826,500

$45,000

236

290

$43,350

236

290

$43,350

236

290

$43,350

209

259

$38,850

140

489

694

$1,908,500

$104,100

228

$795,000

$52,440

Unit

36 38

228

FOR LEASE

MELBOURNES BEST SELECTION OF BUSINESS PARKS

OFFICES / WAREHOUSE / RETAIL

! T F

Y L N

PARK LANE 7 BRAND NEW WAREHOUSES RIGHT IN THE HEART OF CLAYTON SOUTH’S HIGHLY SOUGHT AFTER INDUSTRIAL PRECINCT. Available areas from: 204sqm Prices from: $27,500 + GST

Megan Miles 0401 288 800 Anthony Mondous 0427 632 030

Features:

• 3 allocated car spaces each • 3 phase power • Kitchenette facilities • Amenities with a shower • Container height roller doors • Signage provision to the front of each unit

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.

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

SOLD OUT

57-59 Whiteside Road, CLAYTON SOUTH Unit

Building Size (m2)

Sale Price (+GST)

Rent (+GST)

226

SOLD

206

SOLD

204

SOLD

$27,500

202

SOLD

200

SOLD

197

SOLD

197

SOLD

• Suitable for SMSF buyers, storage and owner occupiers • Excellent depreciation benefits further assisting your tax effectiveness

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: 133sqm - 354sqm Prices from $266,000 + 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 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.

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

Murray Barker 0418 358 700 Andrew Loudon 0422 618 975

11-15 Remount Way, CRANBOURNE WEST Unit/Lot

Warehouse (m2)

Total (m2)

Price (excl GST)

Store A

133

$266,000

Store B

133

$266,000

Store C

133

$266,000

Store D

133

$266.000

Store E

133

$266,000

Store F

165

$330,000

Warehouse 1

273

331

$628,900

Warehouse 2

243

303

$575,700

Warehouse 3

243

303

$575,700

Warehouse 4

243

303

$575,700

Warehouse 5

243

303

$575,700

Warehouse 6

243

303

$575,700

Warehouse 7

273

354

$672,600

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

T F E

Y L N

THOMPSONS BASE BUSINESS PARK THOMPSONS BASE IS A NEW BUSINESS PARK DESIGNED TO BRING JOBS CLOSER TO HOME FOR THOSE IN THE LOCAL AREA WHICH MEANS LESS TIME COMMUTING MORNING AND AFTERNOON. Showroom/Warehouses: Area: 315sqm Prices: $582,750 + GST The complex features: • Highly exposed showroom/warehouses • Affordable storage units • R are opportunity to acquire a new café neighbouring a childcare centre • Quality buildings with excellent Tax Depreciation benefits

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.

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

Murray Barker 0418 358 700 Andrew Loudon 0422 618 975

SOLD

7-11 Whitfield Boulevard, CRANBOURNE Unit No.

Warehouse (m2)

Total (m2)

Price (excl GST)

Store A

117

SOLD

Store B

117

SOLD

Store C

117

SOLD

Store D

117

SOLD

Store E

117

SOLD

Store F

129

SOLD

Warehouse 1

289

SOLD

Warehouse 2

307

SOLD

Warehouse 3 (9B)

315

$582,750

Warehouse 4 (9C)

323

SOLD

Warehouse 5

331

SOLD

Warehouse 6

325

SOLD

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 OR LEASE

MELBOURNES BEST SELECTION OF BUSINESS PARKS

OFFICES / WAREHOUSE / RETAIL

NAXOS WAY BRILLIANTLY POSITIONED IN THE HEART OF KEYSBOROUGH’S GROWING INDUSTRIAL PRECINCT, ARE THESE 6 HIGH QUALITY OFFICE WAREHOUSES WITH FEATURES THAT ARE SURE TO IMPRESS!

Megan Miles 0401 288 800 Andrew Loudon 0422 618 975

Superb office warehouses ranging from 374sqm to 615sqm Features: • Two street fronting units with independent access via own cross overs • Well appointed office spaces with natural light, quality carpets and a/c • Warehouses accessible via container height roller doors • Amenities include multiple toilets to all units and kitchenette facility • Central common driveway leading to four rear office warehouses with ample on grade and under cover parking available • Located only moments from Perry and Greens Road allowing easy access to EastLink Secure your business future today and join neighbours including Nick Scali, Adairs, Silvan and Miele to name a few. 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.

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

65 Naxos Way, KEYSBOROUGH Unit

Office (m2)

Warehouse (m2)

Total (m2)

Sale Price (+ GST)

Lease Price PA (+ GST)

538

615

$1,506,750

$79,950

297

384

$921,600

$48,000

106

339

445

$1,068,000

$55,625

106

328

434

$1,041,600

$54,250

287

374

$897,600

$46,750

384

461

$1,129,450

$59,930

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 OR LEASE

MELBOURNES BEST SELECTION OF BUSINESS PARKS

OFFICES / WAREHOUSE / RETAIL

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 232sqm to 407sqm • 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

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

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.

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

138 Indian Drive, KEYSBOROUGH Lot No.

Mezzanine (m2)

Warehouse (m2)

Total (m2)

Cars

Sale Price (+ GST)

Lease Price PA

340

407

SOLD

$61,000

213

263

$615,000

$36,820

182

232

SOLD

$33,000

210

260

SOLD

$37,000

210

260

SOLD

$37,000

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 LEASE

MELBOURNES BEST SELECTION OF BUSINESS PARKS

OFFICES / WAREHOUSE / RETAIL

INDUSTRIA KNOXFIELD CONVENIENTLY LOCATED AT 1470 FERNTREE GULLY ROAD, BETWEEN EASTLINK & BURWOOD HIGHWAY. Available Options: 152sqm - 313sqm

Megan Miles 0401 288 800 Akash Cheema 0408 353 888

Features: • Premium on site café, Half I Half, for staff and clients • On-site car parking • Contemporary kitchenette and amenities • Fully carpeted and air-conditioned mezzanine offices • Automated security gates at entrances • 3 phase power supply • High bay lighting

ONLY 6 UNITS REMAIN

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.

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

LEASED

1470 Ferntree Gully Road, KNOXFIELD Unit

First Floor Office (m2)

Warehouse (m2)

Total Area (m2)

Car Parks

Rent (excl GST)

221

278

$45,000

LEASED

168

210

$33,000

103

LEASED

152

$23,500

249

LEASED

249

$37,500

21 22

251

313

LEASED

85-86

251

313

$55,000 each

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

INDUSTRIA NUNAWADING GREENLINK BUSINESS PARK THOMPSONS BASE CRANBOURNE WEST INDUSTRIA NUNAWADING FEATURES ARCHITECTURALLY DESIGNED OFFICE WAREHOUSES AND AN ICONIC THREE LEVEL OFFICE BUILDING WITH A PREMIUM GROUND FLOOR CAFE. Available unit sizes range from 100sqm - 398sqm Features: • First floor air-conditioned offices • Premium finishes and fixtures • Elevated site with city views from some units • Kitchenette and amenities including shower in each unit • High clearance warehousing accessed by motorised roller door • 3 phase power • Ample car parking on title • Securely gated facility with remote controlled access after hours • Flexible Industrial 1 zoning

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.

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

Megan Miles 0401 288 800 Akash Cheema 0408 353 888

LEASED

LEASED LEASED

LEASED

LEASED LEASED

LEASED

LEASED LEASED

LEASED

LEASED LEASED

LEASED

LEASED LEASED

LEASED

LEASED LEASED

LEASED

LEASED LEASED

31-39 Norcal Road, NUNAWADING Lot

Warehouse (m2)

Office (m2)

Total Area (m2)

Car Spaces

Rent (excl GST)

248

150

398

$86,000

201

261

$47,000

120

165

$30,000

100

$20,000

234

303

UNDER OFFER

206

251

$47,690

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 AERO THOMPSONS BUSINESS BASE PARK CRANBOURNE WEST THIS BRAND NEW BUSINESS PARK FEATURING 9 WAREHOUSES RIGHT NEXT TO MOORABBIN AIRPORT AND DFO IS NEARING COMPLETION! Warehouses from 177sqm to 202sqm Rents from $26,550 pa net

Niki Drendel 0411 650 185 Anthony Mondous 0427 632 030 Gavin Dumas 0411 878 423

All Warehouses feature: • Excellent ceiling height (8m) • Mezzanine office areas • 3 car spaces each • Kitchenette with built in microwaves • Container height roller doors • Security system and air-conditioned offices • Securely gated and fenced

Moments from Warrigal Road, Nepean Highway and Dingley Bypass. 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.

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

ONLY 3 UNITS REMAIN

26-30 Kembla Street, CHELTENHAM Lot

Office (m2)

Warehouse (m2)

Total Area (m2)

Car Spaces

Rent pa (excl GST)

163

202

$32,320

116

154

LEASED

128

169

LEASED

127

149

LEASED

199

218

LEASED

121

161

LEASED

132

177

$26,550

138

191

$30,560

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 THE THOMPSONS QUADRANT, BASE HIGHETT CRANBOURNE WEST BOUTIQUE DEVELOPMENT OF ONLY 9 ARCHITECTURALLY DESIGNED OFFICE WAREHOUSE UNITS IN A PRIME LOCATION.

Niki Drendel 0411 650 185

Warehouses from 83sqm to 144sqm Prices from $333,200 plus GST

Gavin Dumas 0411 878 423

Anthony Mondous 0427 632 030

Key features include: • Functional floor plans with top quality fittings • High bright clear span warehouse • Some with air-conditioned mezzanine offices • Ample allocated on-site car parking • Security fences and gates • Attractive landscaped gardens Located moments from Nepean Highway, Wickham Road, Chesterville Road and Keys Road makes this the ideal location to work close to home or invest. 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.

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

1-9/38-42 Wannan Street, HIGHETT Lot

Office (m2)

Warehouse (m2)

Total Area (m2)

Car Spaces

Price (excl GST)

119.4

144.4

$577,600

119.4

144.4

$577,600

83.3

$333,200

84.4

$337,600

92.8

$371,200

92.8

$371,200

92.8

$371,200

92.8

$371,200

92.8

117.8

$471,000

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.

VISIT US

AT CRABTREES.COM.AU/ DEVELOPMENT

PREVIOUS PROJECTS SNAPSHOT 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

PARKVIEW ESTATE 1 Kingston Road, Heatherton 13 WAREHOUSES • Sizes: 106sqm – 216sqm • SOLD OUT 2016

ROYAL BUSINESS PARK 61 Westminister Street, Oakleigh 10 WAREHOUSES + VACANT LAND • Sizes: 200sqm – 275sqm • SOLD OUT EARLY 2017

61 WESTMINSTER STREET, OAKLEIGH 7 FREEHOLD OFFICE WAREHOUSES • Sizes: 266sqm – 665sqm • SOLD OUT 2017

For further details contact Megan Miles on 0401 288 800

OUR TEAM IS SALES & LEASING CHRIS MCKENZIE

GAVIN DUMAS

GRANT TISHLER

Director

0418 321 065

0411 878 423

0417 552 919

ANDREW LOUDON

RODNEY KING

Senior Executive

0422 618 975

0422 839 870

MEGAN MILES

MURRAY BARKER

ANDREW GOODMAN

Senior Executive

0401 288 800

0418 358 700

0412 589 250

NIKI DRENDEL

ANTHONY MONDOUS

AARON BENSIMON

Senior Executive

Executive

0427 632 030

0418 159 953

LUKE PITCHER Manager Project Marketing 0417 055 578

0411 650 185

Oakleigh AKASH CHEEMA Executive 0408 353 888

JOE MONEA Executive 0448 486 665

03 9567 8888 Dandenong

03 8795 4888

YOUR TEAM KERRI BEINKE

JENNY FAY

MICHELLE GRACE

General Manager

Accounts Administration

Marketing Manager

CHRISTINE GREY

ANNE BURTON

ALISSA KIMBERLEY

Sales Administration

ASHLEIGH DI GREGORIO Marketing Assistant

Built on knowledge. crabtrees.com.au

NICOLA KUHNE Administration Reception

All areas, prices and information contained in this publication are subject to change and the information provided herein is a guide only and doesnâ&#x20AC;&#x2122;t represent a contract in any form.

Oakleigh

03 9567 8888 Dandenong

03 8795 4888

crabtrees.com.au