Enterprise Park, Mulgrave, 730-750 Springvale Road,
Mulgrave, VIC 3170
Warehouse, Factory & Industrial • Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Zoning
Municipality
Tenure type
Sold on
Dawkins Occhiuto - South Yarra
Suite 12, Level 3, Como Centre, 299 Toorak RoadSOUTH YARRA, VIC 3141
03 8825 45...
Enterprise Park, Mulgrave, 730-750 Springvale Road
Mulgrave, VIC 3170
Map of Enterprise Park, Mulgrave, 730-750 Springvale Road
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.
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.
Explore property virtually
Video
Property ID: 504071195Last Updated: 2 Feb 2023
Dawkins Occhiuto - South YarraSuite 12, Level 3, Como Centre, 299 Toorak Road
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
Contact Agency
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Dawkins Occhiuto - South Yarra
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
117-121 Lewis Road & 84 Parkhurst Drive,Knoxfield, VIC 3180 10395 m²Warehouse, Factory & Industrial • Offices
Contact Agent
19-21 Brenock Park Drive,Ferntree Gully, VIC 3156 22613 m²Warehouse, Factory & Industrial • Offices • Development Sites & Land