THE CORNER STONE JULY, 2018 Oakleigh
03 9567 8888 Dandenong
03 8795 4888
crabtrees.com.au
APRIL - JUNE
SNAPSHOT $
30 SALES 10 OF 10 AUCTIONS SOLD
$
45 TOTAL LEASES
$14,750,000
HIGHEST SALES RESULT
$370,005 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 second quarter of 2018 has been outstanding with 30 sales and 45 leases. We were buoyed by the success of our Auction campaigns achieving prices more than our expectations. Over recent years we have seen sales go from strength to strength with leasing remaining steady. This second quarter has seen a noticeable improvement in the leasing market with rental rates increasing and an uplift of tenants in the marketplace. We also take this opportunity to announce that having outgrown our current Dandenong office we are very proud and excited to share this sneak peek of our new Dandenong HQ in Logis Estate, Dandenong South. The big move into this
New Dandenong Headquarters | 1/11-15 Smeaton Avenue, Dandenong South
FOR SALE
FEATURE PROPERTIES
54 MCCRAE STREET, DANDENONG
26 TREFOREST DRIVE, CLAYTON
OCCUPY | INVEST | DEVELOP
SOLID FREEHOLD - OCCUPY OR INVEST
• Potential multi-level development (STCA) • Two level freehold retail & offices of 620sqm* • Partially leased and returning $43,683.96 pa net •On site of 881sqm*
• Stand alone building of 1,015sqm* • Warehouse of 893sqm* with office of 122sqm* • On a site of 1,734sqm* in the heart of Clayton • Multiple roller doors & canopied loading area
AUCTION Thursday 9th August at 12pm on site
AUCTION Thursday 26th July at 1pm on site
Megan Miles 0401 288 800
Rodney King 0422 839 870
13 KELLETTS ROAD, ROWVILLE
1887- 1889 DANDENONG ROAD, OAKLEIGH
OFFICE WAREHOUSE WITH HUGE YARD
UNLOCK THE POTENTIAL
• Facility of 1,500sqm* on a site of 4,922sqm* • Extend the building up to 2,606sqm* (Council plans approved) • 6 roller doors & huge canopy • Loading docks and 2 ramps
• Rare main road corner site of 3,000sqm* • Combined street frontage of 129m* • Opportunity to occupy or develop (STCA) • Potential uses include residential development, car wash, medical centre & many more (STCA)
EOI closing Wednesday 1st August at 4pm
EOI closing Thursday 16th August at 4pm
Luke Pitcher 0417 055 578
Rodney King 0422 839 870
FOR LEASE
FEATURE PROPERTIES
30 GRAHAM ROAD, CLAYTON
21 CAPITAL PLACE, CARRUM DOWNS
NEW OFFICE WAREHOUSE
QUALITY OFFICE WAREHOUSE
• Clearspan warehouse & office of 2,290sqm* • Warehouse height of 10.4m* • 4 container height roller doors with canopy • Due for completion September/October
• 2 ,009sqm* total area with 304sqm* office • High bright warehouse with high power supply • 3 container height roller doors with canopy • Fantastic truck access and on site parking
Anthony Mondous 0427 632 030
Andrew Loudon 0422 618 975
3/223 GREENS ROAD, DANDENONG
34-40 GARDEN BOULEVARD, DINGLEY
JOIN TOTAL TOOLS & RSEA
BAYSIDE CORPORATE HEADQUARTERS
• Located on Dandenong’s most prominent corner
• Warehouse of 36,263sqm*
• Showroom warehouse of 1,300sqm*
• Quality corporate office accommodation
• Roller door access
• Multiple container height roller doors
• Plenty of on site parking & large pylon signage
• Secure drive around access
Grant Tishler 0417 552 919
Chris McKenzie 0418 321 065
*Approx
INDUSTRIAL YIELDS ON THE MOVE! TRADITIONALLY DEVELOPERS AND INVESTORS LOOKING TO UPGRADE THEIR PORTFOLIO HAVE PROVIDED A REGULAR SUPPLY OF INVESTMENTS FOR SALE IN THE SOUTH EAST MARKET. However, 2017 saw a lack of motivation by vendors to sell compared to previous years, due to lack of attractive alternative opportunities in the market place. Developers traditionally motivated to sell investments to fund land acquisitions are now slowing down due to the lack of land available to purchase. Investors looking to upgrade their portfolios are having to accept all time low yields, making it less attractive to trade their existing properties. It is our view that whilst low interest rates remain, and the lack of stock continues, yields will be driven lower. In 2017 we saw industrial yields go from 7% to 6% and 2018 has seen Industrial yields compress to circa 5%. Crabtrees transacted record low yield investments in 2017 and we would be more than happy to share our results and assist you with your requirements. Please contact our Oakleigh office on 03 9567 8888 or Dandenong office on 03 8795 4888 to speak to one of our Real Estate experts or visit us at crabtrees.com.au.
STAFF PROFILE CHRIS MCKENZIE Director
Chris McKenzie has been part of Crabtrees Real Estate since August, 1989 evolving from being an employee to obtaining equity ownership allowing the founding Crabtree family to retire. Chris is known amongst the industry for his wealth of knowledge in both industrial and commercial property and is one of the most accomplished when it comes to negotiating the best outcomes for his clients. Chris continues to exercise a hands on approach with his clients and will make sure he is across every transaction, regardless of the investment size.
CHRIS’S RECENT TRANSACTIONS SOLD
MOORABBIN
SOLD
MULGRAVE
45-55 FAIRCHILD STREET
2215 PRINCES HIGHWAY
An impressive corporate office warehouse of 15,962sqm in Parkview Estate, Moorabbin sold for an equally impressive price of $14.75 Million to a private investor.
Substantial facility of 4,350sqm with three street frontages on 8,007sqm sold to a private investor for $8 Million.
LEASED
DINGLEY VILLAGE 6 GARDEN BOULEVARD
High quality modern office warehouse of 4,353sqm was leased to a global company for $370,000 pa net on a 10 year lease.
LEASED
OAKLEIGH
77 ATHERTON ROAD
Open plan work space of 742sqm with huge signage potential and car parking was leased to Anytime Fitness for $150,000 pa net on a 5 year lease.
For more information contact Chris McKenzie on 0418 321 065
AUCTION RESULTS
We have generated outstanding results at our recent auctions with some properties selling well above vendors expectations, a strong indication that the south east commercial industrial market continues to outperform. Vendors are enjoying excellent results due to strong enquiry and a lack of investment opportunities for buyers. Please contact our team on 9567 8888 should you require further assistance on any real estate matter.
RECENT AUCTION RESULTS
$4.21 M
illion
OAKLEIGH
illion
NOTTING HILL
2-4 ATHERTON ROAD
1-5 NANTILLA ROAD
Unrepeatable development opportunity prominently located at the gateway to Oakleigh on the corner of Atherton and Warrigal Road. Existing 2 storey building of 435sqm on a site of 585sqm with potential 8 storey development opportunity (STCA). Sold to private investor.
$7.01 M
$7.02 M
illion
OAKLEIGH
17-21 STAMFORD ROAD
A high quality industrial investment leased by Swedish public company subsidiary SKF Australia Pty Ltd for the past 29 years and returning $360,000 pa net. Sold for $1 Million over the reserve to local investor on a yield of 5.14%
Built on knowledge.
Brand New Corporate Facility of 2,466sqm leased to established food distributor Elco Food Co on a 7 year lease from June 2017. Returning $381,100 pa net with 3% annual reviews in place and all outgoings paid by the tenant. Sold to private investor on a yield of 5.43%.
$2.89 M
illion
CLAYTON
2 TORTEVAL PLACE
A freehold investment of 1,305sqm approximately returning $135,200 pa net with a 2 x 2 lease and 4% annual increases. Sold well above reserve reflecting a tight yield of 4.5%.
crabtrees.com.au
PROJECT MARKETING It has been a massive first half of 2018 for the Project Marketing department with a number of development sites nearing completion and stock levels reducing due to high demand amongst investors and owner occupiers. Record low interest rates continue to drive strong sales results which are seeing unit developments being sold out prior to completion. Earlier this year Precision Business Park was sold out at an average sqm rate of $2,700 which in hind sight represents excellent value due to ever increasing underlying land values! Park Lane in Clayton South is nearing completion with only 3 buildings left for sale or lease. Over at M-INC Moorabbin, the second and final stage has been released with over 50% already sold and construction has barely started! Sales at Keysborough have been bubbling away with only 2 buildings left on offer at the recently completed Indian Drive Business Park whilst there is also 2 buildings left at KeyLink Business Park which is due for completion later in the year. Stage 3 at Industria, Knoxfield has just taken place with Stage 4 due in September. There are only 3 options available for sale here which is a huge result with all buildings sold out prior to completion with all previous stages. Stay tuned for some exciting upcoming developments in Dandenong and Braeside! Regards
Luke Pitcher Manager – Project Marketing
CONTENTS KEYLINK BUSINESS PARK
6
138 Indian Drive, Keysborough Architecturally designed office warehouse units
INDIAN DRIVE BUSINESS PARK
8
130 Indian Drive, Keysborough Architecturally designed units for sale or lease in most sought-after estate.
M-INC
10
105-115 Cochranes Road, Moorabbin Brand new industrial estate featuring office warehouses, warehouses and on-site cafe’
INDUSTRIA KNOXFIELD
12
PARK LANE
16
1470 Ferntree Gully Road, Knoxfield For sale and lease office warehouses strategically positioned between Eastlink and Burwood Highway
57-59 Whiteside Road, Clayton South Brand new warehouses in the heart of Clayton South.
THOMPSONS BASE
18
Corner Whitfield & Latchford Boulevard Brand new business park featuring both storage units and showrooms/warehouses.
CRANBOURNE BUSINESS ESTATE
20
Evans Road, Cranbourne West Rare industrial land in the heart of Cranbourne
INDUSTRIA NUNAWADING
22
31-39 Norcal Road, Nunawading Architecturally designed office warehouses and an iconic three level office building.
ENTERPRISE INDUSTRIAL ESTATE 15 Anzed Court, Mulgrave Brand new prestigious development offering 28 units with industrial, storage and high tech options.
24
LOCATION MAP With business parks 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
Notting Hill
Oakleigh
Brighton
Clayton Mulgrave
PARK LANE
S CE IN PR
Moorabbin
AY W EE FR
M 1F RE EW AY
KEYLINK
Keysborough
AN PE NE AY HW HIG
INDIAN DRIVE BUSINESS PARK THOMPSONS BASE
Cranbourne
CRANBOURNE BUSINESS ESTATE
FOR SALE OR LEASE
Y NL
2
MELBOURNES BEST SELECTION OF BUSINESS PARKS
OFFICES / WAREHOUSE / RETAIL
! T F
LE
O
KEYLINK BUSINESS PARK 8 NEW ARCHITECTURALLY DESIGNED OFFICE WAREHOUSE UNITS IN A PRIME LOCATION ADJACENT EASTLINK. With a variety of sizes to choose from, limited opportunities are available! Features: • Areas available from 232m2 to 459m2 • 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
Luke Pitcher 0417 055 578 Andrew Loudon 0422 618 975 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
7
138 Indian Drive, KEYSBOROUGH Lot No.
Mezzanine (m2)
Warehouse (m2)
Total (m2)
Cars
Price (excl GST)
1
67
340
407
7
SOLD
2
63
396
459
8
SOLD
3
67
350
417
7
SOLD
4
67
350
417
7
$875,700
5
50
213
263
5
$604,900
6
60
253
313
6
SOLD
7
50
182
232
4
SOLD
8
50
210
260
5
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 LEASE
Y L N
2
MELBOURNES BEST SELECTION OF BUSINESS PARKS
OFFICES / WAREHOUSE / RETAIL
! T F
LE
O
INDIAN DRIVE BUSINESS PARK IDEALLY POSITIONED ADJACENT TO EASTLINK AND SURROUNDED BY CLEAN, BRAND NEW USERS IN THE MOST SOUGHT AFTER ESTATE IN THE SOUTH EAST.
Murray Barker 0418 358 700
• 9 Architecturally designed units • Flexible sizes to suit any business, storage or personal needs • Located adjacent to Eastlink • In the most sought after location in the Southeast • Ideal for owner occupiers and SMSF investors
Luke Pitcher 0417 055 578
Sizes from 155m2 - 509m2 Prices from $387,500 + GST Features:
• Kitchenette & hot water service • High quality internal & external finishes • 3.6m x 5.5m electric roller shutter door • Approx 8m warehouse clearance • 3 phase power available • Landscaped gardens • Ample parking on title 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
Andrew Loudon 0422 618 975
9
130 Indian Drive, KEYSBOROUGH Unit No.
Office (m2)
Warehouse (m2)
Total (m2)
Cars
Price (excl GST)
Lease Price PA
1
121
388
509
9
SOLD
$61,080
2
155
155
2
SOLD
3
155
155
2
$387,500
$23,250
4
155
155
2
$387,500
$23,250
5
155
155
2
SOLD
6
155
155
2
SOLD
7
155
155
2
SOLD
388
509
9
SOLD
8
121
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.
$61,080
FOR SALE
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.
Luke Pitcher 0417 055 578 Rodney King 0422 839 870 Chris Mckenzie 0418 321 065
Features:
• Stage 2 spaces: 259m2 - 717m2 • 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
11
SO
LD
LEASED SO
LD
LEASED
SO
LD
SO
LD
SO
LD
SO
LD
LD
SOLD
SOLD
SOLD
SOLD
SO
105-115 Cochranes Road, MOORABBIN Grd Floor Office (m²)
Office (m2)
Warehouse (m2)
Total (m2)
Car Parks
Sale Price (+ GST)
15
53
236
289
4
$823,650
18
53
236
289
4
$823,650
22
60
230
290
4
$826,500
31
50
209
259
4
$738,150
34
50
209
259
4
$738,150
140
512
717
8
$1,971,750
180
7
$900,000
228
4
$795,000
Unit
36
65
37
180 (Cafe)
38
228
FOR SALE
Y NL
3
MELBOURNES BEST SELECTION OF BUSINESS PARKS
OFFICES / WAREHOUSE / RETAIL
! T F
LE
O
INDUSTRIA KNOXFIELD INDUSTRIA KNOXFIELD WILL FEATURE 88 ARCHITECTURALLY DESIGNED OFFICE WAREHOUSES AND A CAFÉ, PROVIDING FLEXIBLE BUSINESS, TRADE AND STORAGE SPACES. Unit sizes 230sqm Prices starting from $539,000 Features:
• Perfect for owner occupiers, investors & SMSF • On-site car parking • Contemporary kitchenette and amenities • Fully carpeted and air-conditioned mezzanine offices • Automated security gates at entrances • 3 phase power supply • Brand new on site café for staff and clients opening soon • High quality construction LIVE LOCAL / WORK LOCAL / INVEST LOCAL Oakleigh 03 9567 8888
Dandenong 03 8795 4888
Luke Pitcher 0417 055 578 Megan Miles 0401 288 800 Chris Mckenzie 0418 321 065
13
1470 Ferntree Gully Road, KNOXFIELD First Floor Office (m2)
Warehouse (m2)
Total Area (m2)
Car Parks
Sale Price (excl GST)
Lot
Unit
15
74
249
249
3
SOLD
17
72
230
230
3
$539,000
18
71
46
230
230
3
$539,000
19
70
46
230
230
3
$539,000
46
53
43
172
215
3
SOLD
50
57
43
172
215
3
SOLD
51
57
43
172
215
3
SOLD
52
59
152
152
2
SOLD
53
60
152
152
2
SOLD
54
61
43
172
215
3
SOLD
55
52
43
172
215
3
SOLD
57
67
132
132
2
SOLD
58
66
133
133
2
SOLD
59
65
133
133
2
SOLD
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: 102sqm - 625sqm Features:
• On site café 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 • 7.5 metre warehouse height with motorised roller door
Oakleigh 03 9567 8888
Dandenong 03 8795 4888
Luke Pitcher 0417 055 578 Megan Miles 0401 288 800 Stefan Albanese 0448 026 186
15
1470 Ferntree Gully Road, KNOXFIELD Warehouse (m2)
Total Area (m2)
Car Parks
Rent (excl GST)
102
102
2
$19,500
256
298
5
$46,000
23
103
103
2
$19,500
24
103
103
2
$19,500
Unit
First Floor Office (m2)
11 21-22
42
32
48
192
240
3
$36,000
46
46
184
230
3
$40,000
49
161
161
2
$25,000
50
161
161
2
$25,000
183
229
3
$35,500
54
152
152
2
$23,500
55
152
152
2
$23,500
74
249
249
3
$37,500
75
249
249
3
$37,500
51
46
81-87
62
251
313
4
$55,000 each
88
62
251
313
4
$57,500
FOR SALE OR LEASE
Y L N
2
MELBOURNES BEST SELECTION OF BUSINESS PARKS
OFFICES / WAREHOUSE / RETAIL
! T F
LE
O
PARK LANE 7 BRAND NEW WAREHOUSES RIGHT IN THE HEART OF CLAYTON SOUTH’S HIGHLY SOUGHT AFTER INDUSTRIAL PRECINCT. Prices from $475,300 + GST Rents from $450 per week Warehouses from 197m2 – 226m2 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
Luke Pitcher 0417 055 578 Anthony Mondous 0427 632 030
17
57-59 Whiteside Road, CLAYTON SOUTH Unit
Building Size (m2)
Sale Price (+GST)
Rent (+GST)
5
226
UNDER OFFER
UNDER OFFER
6
206
SOLD
SOLD
7
204
$485,100
$23,760
8
202
SOLD
SOLD
9
200
$475,300
$23,380
10
197
SOLD
SOLD
11
197
SOLD
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
Y NL
2
MELBOURNES BEST SELECTION OF BUSINESS PARKS
OFFICES / WAREHOUSE / RETAIL
! T F
LE
O
THOMPSONS BASE 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. Storage: Areas from: 315m2 Prices from: $582,750 + GST Showroom/Warehouses: Areas from: 307m2 Prices from: $567,950 + 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
19
7-11 Whitfield Boulevard, Cranbourne Unit No.
Warehouse (m2)
Total (m2)
Price (excl GST)
Store A
117
117
SOLD
Store B
117
117
SOLD
Store C
117
117
SOLD
Store D
117
117
SOLD
Store E
117
117
SOLD
Store F
129
129
SOLD
Warehouse 1
289
289
SOLD
Warehouse 2
307
307
SOLD
Warehouse 3 (9B)
315
315
$582,750
Warehouse 4 (9C)
323
323
$597,550
Warehouse 5
331
331
SOLD
Warehouse 6
325
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
MELBOURNES BEST SELECTION OF BUSINESS PARKS
OFFICES / WAREHOUSE / RETAIL
CRANBOURNE BUSINESS ESTATE WEST THOMPSONS BASE CRANBOURNE CRANBOURNE BUSINESS ESTATE IS THE LATEST AND ONLY INDUSTRIAL LAND RELEASE IN THE SOUTH EAST MARKET. The estate already has established infrastructure and will be further enhanced with the skills and talents of its new owners Pomeroy Pacific and Little Projects. This is an opportunity not to be missed by investors, developers and owner occupiers with land prices starting from only $247,500 Sizes from 576m² - 1,370m² Prices from $247,500 + 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. Oakleigh 03 9567 8888
Dandenong 03 8795 4888
Murray Barker 0418 358 700 Andrew Loudon 0422 618 975 Grant Tishler 0417 552 919
21
RARE INDUSTRIAL LAND IN THE HEART OF CRANBOURNE.
N
ep
Evans Road, Cranbourne West Lot Number
Total (m²)
Price (excl GST)
68
576
$257,000
69
576
SOLD
71
577
$247,500
72
576
$257,000
84
600
$306,000
85
600
$294,000
86
1,370
$548,000
87
1,012
$480,500
88
918
$413,000
89
918
$413,000
90
753
$369,000
91
649
UNDER OFFER
92
730
UNDER OFFER
93
730
$357,500
94
579
$275,000
95
1,256
$534,000
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 NUNAWADING GREENLINK BUSINESS PARK THOMPSONS BASE CRANBOURNE WEST INDUSTRIA NUNAWADING FEATURES 71 ARCHITECTURALLY DESIGNED OFFICE WAREHOUSES AND AN ICONIC THREE LEVEL OFFICE BUILDING WITH A PREMIUM GROUND FLOOR CAFE. Stage 1 is due for completion mid-2018 and the final stage is on track for delivery in Q4, 2018. Unit sizes range from 91m² - 400m² Rents from $360 per week or $18,000 per annum 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 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
Luke pitcher 0417 055 578 Megan Miles 0401 288 800
23
31-39 Norcal Road, Nunawading Lot
Ground Floor (m²)
Mezzanine (m²)
Total Area (m²)
Car Spaces
Rent (excl GST)
1
248
150
398
6
$86,000
2
214
70
284
4
$53,900
3
201
70
271
4
$51,500
2-3
414
140
554
8
$105,400
7
201
60
261
4
$49,700
36
97
97
1
$19,400
41
109
45
154
3
$29,300
42-43
230
45
275
3
$48,100
45
91
91
1
$18,700
46
91
91
1
UNDER OFFER
48
151
45
196
3
$39,200
50
138
45
183
3
$32,900
51
100
100
2
$20,000
52
132
177
3
$32,000
55
100
100
2
$20,000
56
132
45
177
3
UNDER OFFER
58
120
45
165
2
$30,600
63
237
60
297
3
$49,000
64
234
69
303
3
$50,000
65
313
87
400
5
LEASED
45
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
MELBOURNES MELBOURNESBEST BESTSELECTION SELECTIONOF OFBUSINESS BUSINESSPARKS PARKS
OFFICES OFFICES // WAREHOUSE WAREHOUSE // RETAIL RETAIL
ENTERPRISE CRANBOURNE BUSINESS ESTATE ESTATE WEST THOMPSONS INDUSTRIAL BASE CRANBOURNE BRAND NEW PRESTIGIOUS DEVELOPMENT CONSISTING OF 28 UNITS OFFERING INDUSTRIAL, STORAGE AND HIGH TECH OPTIONS.
Stefan Albanese 0448 026 186 Rod King 0422 839 870
Industrial Units: • Office warehouses with 6m minimum clearance • Kitchenette, shower and bathroom • P rivate car parks Sizes from 122sqm² - 137sqm² Prices from $393,280 + GST High Tech Units: • Approximately 50:50 office to storage ratio • First level air conditoned offices & terrace • G round level storage area with 4m clearance • K itchen, disable bathroom & shower Sizes from 168sqm² - 243sqm² Prices from $620,120 + 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. Oakleigh 03 9567 8888
Dandenong 03 8795 4888
Storage Units: • High security and 24 hour access • Ground floor • C ommercial & domestic use • A great investment! Sizes from 27sqm² - 38sqm² Prices from $129,675 + GST
25
15 Anzed Court, Mulgrave Unit
Office/Warehouse (m²)
Mezzanine (m²)
Terrace (m²)
Total (m²)
Car Parks
Price (excl GST)
INDUSTRIAL UNITS 1
103
34
137
2
$424,080
2,3,4,5 & 6
92
31
122.9
2
$393,280 each
7
102
34
135.7
2
$420,670
HIGH TECH UNITS 8
96
89
11
196
3
$726,310
9 & 10
82
76
9
168
3
$620,120 each
11
96
89
11
196
3
$726,310
12
120
114
10
243
3
$875,160
13,14 & 15
102
95
10
207
3
$764,050 each
16
101
94
10
205
3
$758,870
STORAGE UNITS 17
27.3
$129,675
18
27.7
$131,675
20,21,22 & 23
27.3
$129,675 each
24,25,26 & 27
27.3
$129,675 each
28
38.1
$180,975
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 PHOENIX BUSINESS PARK 143 Keys Road, Moorabbin 8 WAREHOUSES & OFFICE WAREHOUSES • Sizes from 164sqm-297sqm • SOLD OUT EARLY 2017
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 Luke Pitcher on 0417 055 578
OUR TEAM IS YOUR TEAM PROPERTY MANAGEMENT CARINA ELSAYED
MARCUS SHARMAN
MAGGIE TARANTO
Senior Property Manager
Property Manager
Property Manager
0400 646 467
0435 876 185
GARETH MARTIN
EMILY ARNOTT
MELISSA O’BRIEN
0418 159 953
0439 599 865
Assistant Property Manager
YUYAN SHEN
LINH HUYNH
YITIAN CHAN
Assistant Property Manager
Trust Accounting
Trust Accounting
0448 054 587
Property Manager
Property Manager
Oakleigh GRACE GAO Trust Accounting
Built on knowledge. crabtrees.com.au
JESS O’CALLAGHAN Assistant Property ManagerReception
03 9567 8888 Dandenong
03 8795 4888
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
MEGAN MILES
MURRAY BARKER
ANDREW GOODMAN
Senior Executive
Senior Executive
Senior Executive
0401 288 800
0418 358 700
0412 589 250
ANTHONY MONDOUS
STEFAN ALBANESE
DILLON CHAMBERS
Executive
Executive
Executive
0427 632 030
0448 026 186
0411 650 185
LUKE PITCHER Manager Project Marketing 0417 055 578
Built on knowledge. crabtrees.com.au
YOUR TEAM KERRI BEINKE
JENNY FAY
MICHELLE GRACE
General Manager
Accounts Administration
Marketing Manager
CHRISTINE GREY
ANNE BURTON
ALISSA KIMBERLEY
Sales Administration
Sales Administration
Sales Administration
NICOLA KUHNE Administration Reception
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