12/18-22 Lexia Place Mulgrave VIC 3170

Gross Waddell ICR and Ray White Commercial Oakleigh are pleased to present 12/1822 Lexia Place, Mulgrave, a high-quality industrial investment located in one of Melbourne's most tightly held industrial precincts.

Positioned moments from the Monash Freeway (M1), this well-maintained facility is securely leased to Penta Grand, a respected business in the building industry. Offering a strong return and long-term investment appeal, the property features a premium warehouse/office combination with exceptional access and modern features.

Key Highlights:

Total building area: 1,075 sqm*

Secure 5 + 5 year lease commencing July 2024

Annual rental: $214,089 + GST + Outgoings * (effective 1 July 2025)

High-clearance warehouse with four glass-panel tilt doors

Dual-level office including training and technical spaces

Fibre internet, upgraded 3-phase power, warehouse extraction system & on-site gas

LED lighting, disabled amenities with shower

Generous on-site parking for 22 vehicles

Convenient location near Springvale Road, Wellington Road, and Ferntree Gully Road

For further details or to arrange a private inspection, contact the exclusive agents at Gross Waddell ICR and Ray White Commercial Oakleigh.

*Approx.