1 Beaumaris Parade, Highett, VIC 3190

Industrial

Leased $2,800,000

  • Property ID: 432952
  • Floor Area: 714m²
  • Land Area: 884m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Leased 06/12/2023 714m2 884m2 N/A
INTRODUCING AN EXCEPTIONAL WAREHOUSE IN A HIGHLY SOUGHT-AFTER LOCATION - GREAT INVESTMENT BUY

Nestled within the thriving business precinct locale of blue-chip Bayside, this warehouse spanning approximately 714 sqm presents a unique opportunity for both businesses seeking a strategic base and savvy investors looking towards future multi-dwelling development prospects. This property appeals equally to owner-occupiers and investors, offering an array of possibilities.

New 3 year lease in place with 3 year option commenced 15.09.23 - Rent:
$95,000++

Key Features:
• Expansive warehouse space of 714 sqm on land of 884 sqm
• Impressive high clearance warehouse
• Convenient amenities and on-site parking for up to 6 cars
• Excellent accessibility

Flexible settlement terms can be negotiated to suit your needs - or you can lease this fabulous property!

This property offers a rare opportunity for traditional industrial use within Bayside, being beach side of Nepean Highway. Furthermore, it holds visionary potential for various new ventures, such as breweries, bakeries, and gyms, as these establishments thrive in the surrounding area. Situated on the boundary of a small commercial/industrial precinct, it enjoys a prime position.

Close to Southland shopping centre and Nepean Hwy, this property boasts an advantageous position for building a thriving business.

For further information or to schedule an inspection, please contact our office. Our team has collectively amassed over 100 years of experience in the commercial and industrial property markets, and we possess extensive knowledge of Melbourne's dynamic south-east corridor.

*Please note that all sizes are approximate.

*All figures quoted are exclusive of GST unless otherwise specified.

Don't hesitate to reach out to us to discuss your specific commercial property needs.

Highett Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5333 $333 6.24%
Offices $5676 $257 4.52%
Industrial $5668 $250 4.42%
This is the average advertised price, rent and yield for Highett, VIC 3190*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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