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730-750 Springvale Road Mulgrave VIC 3170

  • Factory, Warehouse & Industrial
  • 19,983 m²
  • Expressions of Interest

An Enterprising Investment

  • Industrial Business Park
  • Monash Technology Precinct
  • Future Development Potential

Dawkins Occhiuto is pleased to present for sale Enterprise Park, Mulgrave, VIC

Enterprise Park is a significant, multi-tenanted industrial and logistics business park located in the Monash Technology Precinct.

Surrounded by some of Melbourne's pre-eminent business parks, the central south eastern location has long been a recognised employment precinct valued for its road linkages and large surrounding workforce catchment.

An exceptional investment with significant future redevelopment potential, the property comprises five freestanding office/warehouses upon a 3.8 Ha* landholding. Fully leased with a 5.45-year* WALE following recent leasing success, the property is anticipated to generate a net income of approximately $2,474,290 p.a.* from commencement of new leases.

Key investment highlights include:

- 3.80 Ha* landholding with significant future development potential
- 19,983 sqm* across five freestanding office/warehouses with broad tenant appeal
- Premium Monash Technology Precinct location with main road frontage and three street frontages totalling 560 metres*
- Flexible Special Use zoning
- A wide range of potential future development outcomes (STCA): Office Park, life sciences, data centre, multi-level warehousing
- 5.5 year* WALE (as at June-22)
- Fully leased and diversified income profile and high quality global, national and local tenants
- Over $3.0m* in current capital upgrades following recent leasing success
- Estimated net income of $2.47m* p.a.
- Fixed and CPI-linked annual rent reviews
* approx.

For Sale via Expressions of Interest closing Thursday, 9 June 2022 at 3.00pm AEST.

For further details please contact Chris Jones or Ben Hegerty of Dawkins Occhiuto.

EXPRESSION OF INTEREST

Closing date and time09/06/2022 15:00
Recipient nameChris Jones / Ben Hegerty
Delivery addressAsk Agent

Property Highlights

Floor Area19,983 m²
Land Area3.8 ha
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017807363
Category
Last updated  26 May 2022
Map for 730-750 Springvale Road Mulgrave VIC 3170

Property Highlights

Floor Area19,983 m²
Land Area3.8 ha
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017807363
Category
Last updated  26 May 2022
95 Cubitt Street Cremorne VIC 3121
Chris Jones
Chris Jones
Dawkins Occhiuto
Ben Hegerty
Ben Hegerty
Dawkins Occhiuto

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