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Dawkins Occhiuto - Cremorne

Enterprise Park, Mulgrave, 730-750 Springvale Road Mulgrave, VIC 3170

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Enterprise Park, Mulgrave, 730-750 Springvale Road,
Mulgrave, VIC 3170

Warehouse, Factory & Industrial • Other

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Land area

Floor area

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$2,470,000
Number of Tenants
5 Tenants

Private inspections

to arrange a private inspection.
Dawkins Occhiuto - Cremorne
Chris Jones
Ben Hegerty

Dawkins Occhiuto - Cremorne

95 Cubitt Street
CREMORNE, VIC 3121
Dawkins Occhiuto - Cremorne
Enterprise Park, Mulgrave, 730-750 Springvale Road
Mulgrave, VIC 3170

Map of Enterprise Park, Mulgrave, 730-750 Springvale Road

Directions
  • Train stations within 5 km of Enterprise Park, Mulgrave, 730-750 Springvale Road, Mulgrave, VIC 3170Distance
    Westall Station2.5 km
    Springvale Station3.1 km
    Clayton Station3.3 km
    Sandown Park Station4 km
    Glen Waverley Station4.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Enterprise Park, Mulgrave, 730-750 Springvale Road, Mulgrave, VIC 3170Distance
    Wellington Rd/Springvale Rd (Mulgrave)266 m
    Mackie Rd/Springvale Rd (Mulgrave)354 m
    Miles St/Springvale Rd (Mulgrave)363 m
    Enterprise Ct/Wellington Rd (Mulgrave)417 m
    Springvale Rd/Wellington Rd (Mulgrave)480 m
    POWERED BY HERE ©
POWERED BY HERE ©

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.

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If you'd like to inspect this property in person, please to arrange a private inspection.

Property ID: 504071195Last Updated: 28 Jun 2022

Dawkins Occhiuto - Cremorne
95 Cubitt Street
CREMORNE, VIC 3121
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