Corner Stone Quarter 4,2021

Page 1

THE CORNER STONE QUARTER 4, 2021 Oakleigh

03 9567 8888 Dandenong

03 8795 4888

crabtrees.com.au


TO KEEP UP TO DATE

WITH OUR LATEST RESULTS NEW LISTINGS AND MARKET INFORMATION

FOLLOW US ON


WELCOME TO THE FINAL EDITION OF THE CORNER STONE FOR 2021! WHERE YOU WILL FIND INFORMATION ON OUR CURRENT DEVELOPMENTS, FEATURE PROPERTIES AND LATEST NEWS FROM THE CRABTREES TEAM. On behalf of the Crabtrees Real Estate team we wish everyone a very happy holiday season and peaceful and prosperous New Year. It’s been a positive 2021, coming off a very unpredictable 2019 and 2020, due to Covid 19. On the property management front we are pleased to see a reduction in rent relief matters, with tenant’s finding their feet again with the lifting of lock downs and restrictions. Sales and leasing continue to go from strength to strength particularly in the Industrial sector with our business seeing unprecedented sales results and an uplift in rental, a direct result from a lack of stock available for both buyers and tenants. We believe that 2022 will consolidate on the success of 2021 with business’ continuing to prosper with overall economy starting to put the ravages of Covid 19 behind it.


HIGHLIGHT SALES RESULTS PAKENHAM

70-72 NATIONAL DRIVE

BRAESIDE

3 PHOENIX COURT

• Modern office warehouse of 14,183 sqm*

• Total building area of 1,100 sqm*

• Site area of 24,766 sqm*

• Office area of 255 sqm*

• Pre cast construction

• High clearance warehouse of up to 7m*

• 10m high clearance

• Two container height roller doors

DESIGN & CONSTRUCT PACKAGE

SOLD FOR $3,600 PER SQM

OAKLEIGH

68-74 ATHERTON ROAD

FOOTSCRAY

475-477 BARKLY STREET

• Substantial site of 682 sqm*

• Superb investment opportunity

• Leased to Uniting Agewell Limited

• Leased to Goodyear & Dunlop Tyres

• Single level office of 470 sqm*

• Lease expires August 2026

• Strategic development opportunity

• Current passing rental of $138,774 pa net

SOLD FOR $4.5 MILLION

SOLD FOR $3.975 MILLION

MURRUMBEENA

1192-1200 DANDENONG ROAD

OAKLEIGH

9-11 KING STREET

• Two showroom/warehouses on main road

• Two quality industrial buildings

• Total building area of 857 sqm*

• Total building area of 2,142 sqm*

• Total land area of 1,292 sqm*

• Land holding of 3,090 sqm*

• Multi level development potential (STCA)

• Passing income of $216,818 pa net

SOLD FOR $3.3 MILLION

SOLD FOR $5.51 MILLION

Built on knowledge.


HIGHLIGHT SALES RESULTS CLAYTON

9/8 GARDEN ROAD

DANDENONG SOUTH 5/205-233 ABBOTTS ROAD

• Modern office warehouse of 1,100 sqm*

• Total building area of 3,565 sqm*

• Leased to Cleaner Future Pty Ltd

• Includes 428 sqm* total office area

• Returning $150,000 pa net

• 10m* high warehouse clearance

• New 5 x 5-year lease

• Side yard area of 1,200 sqm*

SOLD FOR $3.41 MILLION

SOLD FOR $6.6 MILLION

BAYSWATER

12 SCORESBY ROAD

HIGHETT

14-16 & 18-20 TETON COURT

• Warehouse/showroom facility of 568 sqm* • Freehold title on 950 sqm* of land

• Two securely leased industrial buildings

• Industrial 1 zone land

• Combined total building area of 2,480 sqm*

• 8 on site car spaces

SOLD FOR $1.54 MILLION

MOORABBIN

8 EDGECOMBE COURT

• Combined total return of $210,000 pa net • Two 10-year leases with 5 year options

SOLD FOR $5.5 MILLION

CLAYTON

46-50 SARTON ROAD

• Total building area of 1,664 sqm*

• Total building area of 2,700 sqm*

• Total land area of 1,858 sqm*

• Total land area of 3,820 sqm*

• Industrial 1 zoning

• Warehouse area of 2,330 sqm*

• Three (3) phase power; on-site parking

• Two (2) level air-conditioned offices

SOLD FOR $3.2 MILLION

SOLD FOR $4.835 MILLION

crabtrees.com.au


HIGHLIGHT SALES RESULTS SPRINGVALE

12-14 WESTALL ROAD

MULGRAVE

34 GLENVALE CRESCENT

• Total land area of 8,854 sqm*

• Office warehouse of 535 sqm*

• Extensive concrete hardstand

• Painted warehouse floors

• Securely fenced

• Excellent security features

• High volume passing traffic

• Fully air conditioned offices

SOLD OFF MARKET

SOLD FOR $1.8 MILLION

OAKLEIGH

2-4 ATHERTON ROAD

NARRE WARREN

2/414-416 PRINCES HIGHWAY

• Landmark site of 585 sqm*

• Showroom in high profile location

• Existing two-level building of 435 sqm*

• Leased to Plumbing Clearance Centre P/L

• Permit for a 10-level mixed use development

• Returning $65,298 pa net

• Two street frontages plus rear lane access

• 5 year lease from 2nd April 2020

SOLD FOR $4.75 MILLION

SOLD VIA EOI

BURWOOD

1/107 HIGHBURY ROAD

CLAYTON

35 WINTERTON ROAD

• Showroom/office/warehouse of 377 sqm*

• High quality industrial facility of 1,190 sqm*

• Leased to Abbeys Auctions

• Substantial freehold of 1,919 sqm*

• Returning $77,250 pa net

• High clear span warehouse of 1,100 sqm*

• 5x5 year lease from January 2020

• Securely fenced parking with 17 carparks

SOLD FOR $1.845 MILLION

SOLD FOR $4.5 MILLION

Built on knowledge.


HIGHLIGHT SALES RESULTS MURRUMBEENA 93-101 POATH ROAD

ROWVILLE

897 WELLINGTON ROAD

• Total site area of 1,593 sqm*

• Total building area of 2,470 sqm*

• One (1) title with five (5) shops

• Warehouse area of 1,200 sqm*

• Three street frontages plus rear lane access

• Covered area of 900 sqm*

• Returning $153,670 per annum net

• Office area of 370 sqm*

SOLD FOR $6.734 MILLION

SOLD OFF MARKET

DANDENONG SOUTH 1-3 VENTURA PLACE

CLAYTON SOUTH 37-53 WHITESIDE ROAD

• Total building area of 1,638 sqm*

• Total land area of 17,600 sqm*

• Exceptional land area of 3,591 sqm*

• Total building area of 1,840 sqm*

• Includes 342 sqm* total office area

• Hardstand of 4,050 sqm*

• 4 container height roller doors

• Prime location

SOLD FOR $3.2 MILLION

SOLD OFF MARKET

MOUNT WAVERLEY 8 THE HIGHWAY

MENTONE

1 & 2 STEELE COURT

• Leased to Austin Education Pty Ltd

• Total land area of 9,084 sqm*

• Returning $90,624 pa net

• Two titles

• Dual level modern office building

• Site has been cleared

• Annual 3% increases

• Permit for a 21 unit industrial development

SOLD FOR $2.03 MILLION

SOLD FOR RECORD PRICE

crabtrees.com.au


HIGHLIGHT LEASING RESULTS MULGRAVE

227-243 WELLINGTON ROAD

HALLAM

31-33 WESTPOOL DRIVE

• Total building area of 19,694 sqm*

• Total building area of 2,230 sqm*

• State of the art distribution facility

• Substantial land holding of 3,925 sqm*

• 30 metre warehouse clearance

• Office/showroom of 302 sqm*

• Multiple roller shutter doors

• 32 on-site car parks

LEASED TO MULTI NATIONAL CORP.

LEASED FOR $175,000 pa net

SPRINGVALE

9-15 LONGFORD COURT

DANDENONG SOUTH 100 FOX DRIVE

• Total building area of 2,346 sqm*

• Total building area of 1,248 sqm*

• Total site area of 7,200 sqm*

• Warehouse area of 994 sqm*

• High functional warehouse of 2,116 sqm*

• High quality office/showroom of 197 sqm*

• Internal height up to 7.0 – 7.3 metres*

• 19 on site car spaces

LEASED FOR $237,500 pa net

LEASED FOR $137,000 pa net

OAKLEIGH

1430 DANDENONG ROAD

SCORESBY

1340 FERNTREE GULLY ROAD

• Total building area of 1,172 sqm*

• Total building area of 3,055 sqm*

• High exposure showroom over 2 levels

• Total land area of 6,295 sqm*

• Substantial highway frontage

• Substantial mezzanine is circa 3,600 sqm*

• Rear access with off street parking

• 45 car parking spaces

LEASED FOR $160,000 pa net

LEASED TO SYDNEY TOOLS

Built on knowledge.


HIGHLIGHT LEASING RESULTS CLAYTON

1418 CENTRE ROAD

KNOXFIELD 9 BRAND ROAD

• Showroom warehouse of 1,166 sqm*

• Total building area of 1,540 sqm*

• Well appointed offices

• Solid warehouse of 1,344 sqm*

• High clearance warehouse

• Partitioned office of 196 sqm*

• Substantial rear parking

• Huge side and rear yard

LEASED FOR $165,000 pa net

LEASED FOR $165,000 pa net

DANDENONG SOUTH 41-51 MONASH DRIVE

MULGRAVE 37 MILES STREET

• Office/warehouse of 15,830 sqm*

• Versatile office warehouse of 2,705 sqm*

• Warehouse with a single row of columns

• Partitioned & A/C offices of 470 sqm*

• Offices/amenities of 829 sqm*

• Warehouse of 2,235 sqm*

• 8 recessed loading docks

• Ample parking front and rear

LEASED TO PUBLIC COMPANY

LEASED FOR $230,000 pa net

BRAESIDE

55-57 LAKEWOOD BOULEVARD

KEYSBOROUGH 10-16 PACIFIC DRIVE

• Total building area of 1,737 sqm*

• Total building area of 2,239 sqm*

• Warehouse area of 1,416 sqm*

• Includes 310 sqm* total office area

• Office area of 321 sqm*

• High clearance, clearspan warehouse

• 2 x container height roller doors

• Four (4) container height roller doors

LEASED FOR $170,000 pa net

LEASED FOR $223,900 pa net

crabtrees.com.au


FOR SALE

FEATURE PROPERTIES

Shops 1-3/28 Swindon Road, HUGHESDALE

4-8 Carey Street & 3a Griffiths Ave, BENTLEIGH EAST

WARRIGAL ROAD EXPOSURE • Brand new; Suits retail, office and medical • Shop 1: 141 sqm* + 6 basement car parks • Shop 2: 123 sqm* + 5 basement car parks • Shop 3: 139 sqm* + 7 basement car parks • Open plan, ready for customized fit-out • Frontage to Warrigal Road

MAKE A SMART INVESTMENT! • Available separately or together • 7 + 7 year leases to Capital Smart Repairs Australia Pty Ltd • Total return $432,342 pa net • Within East Village Comprehensive Development Zone

ALSO FOR LEASE

Pana Kritikos 0418 358 700

Chris McKenzie 0418 321 065

3/414-416 Princes Highway, NARRE WARREN

CAFE @ Fairbank Hub, CLAYTON SOUTH

QUALITY MAIN ROAD INVESTMENT • Showroom in high profile location • Leased to Ferrari East Pty Ltd • New 6 year lease from 1st November 2021 • Returning $102,002 pa net • Annual 3.5% increases

CAFÉ BASE BUILDING • Total area of 176 sqm* • Architect and engineer designed • Fully air conditioned • Separate kitchen area • Great exposure

Gavin Dumas 0411 878 423

Luke Pitcher 0417 055 578


FOR LEASE

FEATURE PROPERTIES

25/21-35 Ricketts Road, MOUNT WAVERLEY

20/202-220 Ferntree Gully Road, NOTTING HILL

BETTER THAN NEW! • Located in SPECTRUM Business Park • High clearance warehouse of 236 sqm* • First floor offices of 60 sqm* • Better than new painted warehouse walls • Brilliant epoxy floors • Generous on site parking on title for 5 cars

LIGHT & BRIGHT AND READY TO OCCUPY! • Light filled first floor of 357 sqm* • Self contained, includes shower & kitchen • Brand new carpets, freshly painted • 13 car spaces • Basement spaces • Direct stairwell access to basement parking

Joe Monea 0448 486 665

Elise Betts 0407 864 319

3/124 Canterbury Road, KILSYTH

16 Florence Street, BURWOOD

PROMINENT SHOWROOM WAREHOUSE • High clearance warehouse of 1,004 sqm* • Mezzanine area of 230 sqm* • Rear roller door access • HUGE amount of car parking • Excellent signage opportunity

Grant Tishler 0417 552 919

PERFECT POSITION • Modern office warehouse of 518 sqm* • Air-conditioned fitted offices • High clearance warehouse • Excellent natural light • Modern toilet with shower; kitchen facilities • Ample off street parking

Joe Monea 0448 486 665

*Approx


FOR LEASE

WorkS p a ce There is a consensus that the office sales and leasing market has taken a hit recently with working from home arrangements brought on by the pandemic. But, in reality we are experiencing an increased demand for office space with a shift towards convenient commuting and workspace collaboration. To cater for increased demand within the specific office sales and leasing market we have introduced WorkSpace. Led by Senior Executive Elise Betts, WorkSpace is a dedicated division of Crabtrees Real Estate that highlights our latest office space listings for both sale and lease. If you have a particular requirement, please contact Elise Betts on 0407 864 319 for a confidential discussion.

THE LINKS OAKLEIGH SOUTH

SIZE: 709 sqm* • • • •

Whole floor Full fitout packages on offer Immediate to shopping centre Building signage In conjunction with Colliers International

80 MONASH DRIVE DANDENONG SOUTH

SIZES: 96 sqm* • • • •

Premium workspace in M1 Industry Park Full fitout packages on offer Immediate to Arco café 4 allocared car parks In conjunction with Knight Frank


FOR LEASE

CHIFLEY BUSINESS PARK MOORABBIN AIRPORT

SIZES: 273 sqm*

• Within a corporate business park • Ample carparking • Onsite childcare, café & gym • Signage opportunities In conjunction with Colliers International

4a/1090 CENTRE ROAD OAKLEIGH SOUTH

SIZE: 835 sqm* • • • •

Huge exposure Perfect for showroom/retail/office Fit out incentives available 28 on site car spaces In conjunction with Colliers International

1894 DANDENONG ROAD CLAYTON

SIZES: 375 sqm* - 826 sqm* • • • •

New office space Signage opportunities Close to terrific retail & amenity Excellent exposure

2.7-2.9/1091 STUD ROAD ROWVILLE

SIZES: 61 sqm* - 152 sqm* • • • •

Excellent natural light Immediate to Stud Park Shopping Centre Ample carparking Established precinct with quality amenities *Approx


OUR TEAM IS SALES & LEASING CHRIS MCKENZIE

GAVIN DUMAS

Director

Director

0418 321 065

0411 878 423

0417 552 919

KERRI BEINKE

LUKE PITCHER

General Manager

Manager Project Marketing

ANDREW LOUDON

0407 308 835

0417 055 578

0422 618 975

MEGAN MILES

SAUL AKOKA

ELISE BETTS

Senior Executive

Senior Executive

Senior Executive

0401 288 800

0427 632 030

0407 864 319

PANA KRITIKOS

MICHELLE GRACE

JOE MONEA

GRANT TISHLER Director

Senior Executive

Executive

Marketing Manager

0448 486 665

0418 358 700

0405 150 548

ASHLEIGH DI GREGORIO

CHRISTINE GREY

Marketing Executive

Sales Administration

Executive


YOUR TEAM PROPERTY MANAGEMENT

AMANDA HART

THOMAS WETTON

MAGGIE TARANTO

Director - Head of Property Management

Senior Property Manager

Senior Property Manager

0438 084 862

0435 876 185

0418 551 761

ANDREW WATT

JUSTIN MUCHA

SERGIO SJAHLIM

Property Manager

Property Manager

0448 054 587

0429 152 557

Senior Property Manager 0418 159 953

EMILY MCLEAN Property Manager 0429 152 557

IRENA JOKSIMOVIC

Assistant Property Manager

RENAE KERRISON Assistant Property Manager

YITIAN CAI Trust Accounting

MIKI MA

CAROLINA GUTIERREZ

Trust Accounting

Assistant Trust Accountant

GARY CHOI Assistant Property Manager

LINH MIKI HUYNH MA

TrustAccounting Accounting Trust

Dandenong 03 8795 4888

Oakleigh 03 9567 8888


VISIT US

AT CRABTREES.COM.AU


PROJECT MARKETING As we approach the end of the year and upon reflection of 2021, I don’t think anyone could have predicted such a strong finish in the market. Prices have continued to soar as purchasers take advantage of low interest rates and compete over limited availability. At the time of writing this, we can now advise that all warehouses at Fairbank Hub have been sold out which has been extremely pleasing to us and our client. We are also excited to advise that we have been appointed on a new project in Oakleigh South. Workshops, located at 8-12 Natalia Avenue, Oakleigh South comprises of 30 office/warehouses with drive through access, securely fenced and with an exposed brick façade these will look like nothing ever seen before in the area. We are starting to take reservations of these buildings which are due for completion late 2022. If you would like further information or wish to reserve a unit, please contact us today. L-One in Dandenong has been a huge success. Construction is now almost complete and with strong interest levels there is only limited leasing availability left. Homebase located in Cranbourne West is an exciting new development. Comprising of two-bedroom residences with a balcony and high clearance warehousing these premises offer a destination to live, work & play! Construction to start early 2022. We expect 2022 to be another huge year with a number of new developments to hit the market. Stay tuned for further information. Have a safe break and I look forward to sharing details of new projects in the new year!

Luke Pitcher Manager - Project Marketing


CONTENTS CAFE @ FAIRBANK HUB

4

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

WORKSHOP

6

8-12 Natalia Avenue, Oakleigh South An exclusive boutique development comprising of only 30 office warehouseS

HOMEBASE - HOME WAREHOUSES

8

1 Maughan Way, Cranbourne West Brand new business park offering offive, warehouse and retail options for lease.

L-ONE BUSINESS PARK

10

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

WORKSHOP

Knoxfield

Oakleigh

Brighton

FAIRBANK HUB

Notting Hill

Clayton

S CE IN PR

Moorabbin

AY W EE FR

Highett

Cheltenham

M 1F RE EW AY

Mentone Dandenong

Keysborough

AN PE NE

Dandenong South

AY HW HIG Cranbourne


FORSALE LEASE FOR OR LEASE

MELBOURNES BEST SELECTION OFOF BUSINESS PARKS MELBOURNES BEST SELECTION BUSINESS PARKS

OFFICES / WAREHOUSE / RETAIL OFFICES / WAREHOUSE / RETAIL

INDUSTRIA NUNAWADING GREENLINK BUSINESS PARK CAFE THOMPSONS @ FAIRBANK BASE HUB CRANBOURNE WEST ARCHITECT AND ENGINEER DESIGNED, FULLY AIR CONDITIONED CAFÉ BASE BUILDING AT RECENTLY COMPLETED AND SOLD OUT FAIRBANK HUB

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

Size 176 sqm

Key features include: • Architect and engineer designed, fully air conditioned café base building • Separate kitchen area •Aluminum framed windows • Polished concrete floors throughout • Separate toilets (one with disabled access) • 6 allocated car parks • Securely fenced and gated • Available NOW

Oakleigh 03 9567 8888

Dandenong 03 8795 4888


5

140 Fairbank Road, CLAYTON SOUTH Lot Number

Total (m²)

Rent (excl GST)

Sale Price (excl GST)

Lot Number

Total (m²)

Rent (excl GST)

Sale Price (excl GST)

1

176

Contact Agent

Contact Agent

13

106

SOLD

SOLD

2

217

$35,805

SOLD

14

107

SOLD

SOLD

3

159

$27,030

SOLD

15

129

SOLD

SOLD

4

159

$27,030

SOLD

5

159

$27,030

SOLD

6

159

SOLD

7

159

$27,030

8

145

9

T U O 16

130

$22,100

SOLD

17

130

$22,100

SOLD

18

143

$24,310

SOLD

SOLD

19

143

$24,310

SOLD

SOLD

SOLD

20

143

$24,310

SOLD

145

SOLD

SOLD

21

143

SOLD

SOLD

10

145

$24,650

SOLD

22

143

SOLD

SOLD

11

145

$24,650

SOLD

23

145

SOLD

SOLD

12

145

SOLD

SOLD

24

231

$41,000

SOLD

S

D L O 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

Artists impression only

WORKSHOP AN EXCLUSIVE BOUTIQUE DEVELOPMENT COMPRISING OF ONLY 30 OFFICE WAREHOUSES Available areas: 155 sqm - 387 sqm Prices from $685,875 + GST

Key features include: • Architect designed exposed brick facades • High internal clearance • First floor offices • Drive through access • Securely fenced & gated with CCTV • Close to public transport & amenities

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

Luke Pitcher 0417 055 578 Chris McKenzie 0418 321 065


7

8-12 Natalia Avenue, OAKLEIGH SOUTH Unit

Ground (m²)

Mezzanine (m²)

Total (m²)

Sale price

Unit

Ground (m²)

Mezzanine (m²)

Total (m²)

Sale price

1

223

95

318

$1,208,400

16

134

41

175

$774,375

2

275

95

370

$1,406,000

17

124

31

155

$685,875

3

135

41

176

$770,000

18

169

41

210

$897,750

4

148

39

187

$822,800

19

124

31

155

$685,875

5

124

31

155

$685,875

20

169

41

210

$897,750

6

124

31

155

$685,875

21

124

31

155

$685,875

7

124

31

155

$685,875

22

169

41

210

$897,750

8

124

31

155

$685,875

23

124

31

155

$685,875

9

134

41

175

$765,625

24

208

41

249

SOLD

10

135

36

171

$756,675

25

124

31

155

$685,875

11

124

31

155

$685,875

26

100

100

SOLD

12

124

31

155

$685,875

27

150

44

194

$834,200

13

124

31

155

$685,875

28

139

40

179

SOLD

14

135

36

171

$756,675

29

278

95

373

$1,454,700

15

124

31

155

$685,875

30

294

93

387

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

HOME WAREHOUSES

HOMEBASE - HOME WAREHOUSES RARE FULLY PERMITTED RESIDENCES WITH HIGH CLEARANCE WAREHOUSES IN CRANBOURNE WEST’S MOST EXCITING NEW DEVELOPMENT Available areas: 181 sqm - 383 sqm Prices from $720,000 Key features include: • High quality residences with 7.5 metre high warehouse space • Fully fitted bathrooms and kitchens • Full precast construction with high end finishes • Container height roller door access to each space • Fully secure gated access with security • Ideal to work from home • Perfect to store your collection for stay and play get away

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

Grant Tishler 0417 552 919 Megan Miles 0401 288 800


9

1 Maughan Way, CRANBOURNE WEST Unit

Ground Floor Area (m²)

Warehouse Area (m²)

First Floor Residential Area (m²)

Total Area (m²)

Cars

Sale Price

1

73

83

73

229

2

$815,000

2

82

87

82

251

2

$880,000

3

84

76

84

244

3

$865,000

4

87

73

87

247

2

$865,000

5

59

63

59

181

2

$720,000

6

61

63

61

185

2

$740,000

7

61

63

61

185

2

$740,000

8

59

63

59

181

2

$720,000

9

87

73

87

247

2

$865,000

10

86

74

86

246

2

$865,000

11

127

129

127

383

3

$1,290,000

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 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 OFFERING OFFICE, RETAIL & WAREHOUSE SPACES PLUS A CAFE

HUGE SUCCESS - 60% LEASED ONLY 10 UNITS REMAIN Sizes range from 170 sqm - 571 sqm Key features include: • • • • • • • •

Multiple size ranges available 212 sqm of food grade space Flexible building sizes that can be combined to larger areas High internal warehouse clearance Motorised container height roller door Modern kitchenette facilities Fronting Princes Highway Ample parking

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 Megan Miles 0401 288 800 Grant Tishler 0417 552 919


11

87 Princes Highway, DANDENONG SOUTH


FOR LEASE FOR LEASE

MELBOURNES BEST SELECTION OFOF BUSINESS PARKS MELBOURNES BEST SELECTION BUSINESS PARKS

UNIT

GROUND FLOOR WAREHOUSE (m²)

FIRST FLOOR WAREHOUSE (m²)

OFFICES / WAREHOUSE / RETAIL OFFICES / WAREHOUSE / RETAIL

GROUND FLOOR OFFICE (m²)

FIRST FLOOR OFFICE (m²)

SHOWROOM/OFFICES/WAREHOUSES

1

272

127

2

272

127

3

272

127

4

272

127

5

395

126

6

201

90

7

201

90

8

201

90

9

201

90

10

201

90

MEDIUM UNITS

SHOWROOM/OFFICE/WAREHOUSES FACING PRINCES HIGHWAY

Combined 17 & 18

208

184

176

Combined 16 & 19

209

185

177

Combined 15 & 20

209

185

177

Combined 14 & 21

209

185

177

Combined 13 & 22

209

185

177

SMALL UNITS

23 - 30

114

56

OFFICE

Office 11 Office 1/11a Office 2/11a

227 256 256

FOOD & DRINK

Cafe

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices a Oakleigh 03 9567 8888

Dandenong 03 8795 4888


13

FOOD & DRINK PREMISES (m²)

212

TOTAL AREA (m²)

TOTAL RENTAL PER ANNUM (ex. GST)

399

$50,000

399

$50,000

399

LEASED

399

LEASED

521

LEASED

291

LEASED

291

LEASED

291

LEASED

291

LEASED

291

LEASED

568

$85,200

571

$85,800

571

$85,800

571

$85,800

571

LEASED

170

LEASED

227

$77,400

256

$77,400

256

LEASED

212

$65,100

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


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


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