+61 3 8566 7633

info@bosisto.com.au

   

1/33 Fennell St

Port Melbourne VIC 3207

Description

  • Supurb City Fringe Location
  • Excellent Public Transport Connectivity
  • Long Term Commercial Tenant

An outstanding opportunity to secure a modern office/warehouse investment in the tightly held city fringe suburb of Kensington. Benefitting from prominent street frontage and excellent connectivity, the property is within walking distance to both tram and train services while offering immediate access to Melbourne's CBD and major arterial road networks.

Eligible for SMSF Non-Recourse Financing & Strategic Negative Gearing

The property comprises a functional two level office and a high clearance, clear span warehouse featuring container height rear roller door access. Securely leased to an established commercial heating and cooling business, the property presents an ideal opportunity for investors seeking a quality asset with strong rental growth.

Key Features:
- Prominent street frontage
- Two level office
- Open plan ground floor office/showroom
- High clearance clear span warehouse
- Container height roller door access
- Warehouse clearance of approximately 6.5m
- Heating and cooling throughout office areas
- Modern amenities and kitchenette
- Three phase power
- Parking for 2 vehicles
- Excellent access to tram and train services
- Immediate access to major arterial road networks
- Mixed Use Zoning

Investment Details:
- Leased to Set Point Air
- Secure 3 + 2 year lease commencing 01/07/2026
- $48,000 Net pa + GST rental income
- 3.0% annual fixed rental increases
- Two month security deposit

Contact the agents for further information or to arrange an inspection.

Expressions of Interest end on Thursday the 30th of July



Detail

Price: Contact Agent

Property Status: Sale

Category: Industrial/Warehouse, Showrooms/Bulky Goods, Other

Land Area: 169 m2

Municipality: City of Melbourne

Property Name: Midway Business Park Kensington

Exclusivity: exclusive

Further Options: 2 yrs

Building Area: 236 m2

Parking Type: On-site parking available

Car spaces: 2

Parking Information: Abundant on Street timed car parking

Zoning: Mixed Use Zone

Tenant Occupancy: tenanted

Occupancy Title: Whole building

Age / Year Build: 2008

Availability: Now

Condition: Excellent Condition

Roller Doors: Rear Containe Height Roller Door

Levels: 2 Level office frontage

Gas Supply

NBN/Data/Telecoms

3 Phase Power

Universal Access

Air-Conditioning Offices

Amenities

Shower

Kitchenette

Extraction / Exhaust

Airports

Arterial Road / Freeways

Bus Route

Train Station

Tenant: Set Point Air & Mechanical Pty Ltd

Lease Terms: 3 + 2

Lease Commencement Date: 01/07/2026

Annual Rental $/pa net: $48,000

Rent Reviews: 3%

Security Deposit: $8,800

Property ID: com14489


Address

49 Stubbs Street KENSINGTON VIC