- Superb 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 of 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
- Precinct Zone 1 Zoning (mixed use inc. residential, commercial, retail)
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
- Lessee pays outgoings except land tax
- Security deposit = 2 months' rent + GST
Contact the agents for further information or to arrange an inspection.