836 Mountain Highway,
Bayswater, VIC 3153
Warehouse, Factory & Industrial • Development Sites & Land • Other
Price information
Sale - Expression of Interest
Contact Agent
Key property information
Land area
Floor area
Parking info
Property extent
Zoning
Municipality
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$594,104
Number of Tenants
1 Tenant
Tenants / Type
Rosebank Engineering
Private inspections
to arrange a private inspection.
JLL - Melbourne
Level 33, 101 Collins StreetMELBOURNE, VIC 3000
836 Mountain Highway
Bayswater, VIC 3153
Map of 836 Mountain Highway
Train stations within 5 km of 836 Mountain Highway, Bayswater, VIC 3153 Distance Bayswater Station 712 m Boronia Station 2.6 km Heathmont Station 2.9 km Ringwood East Station 3.7 km Ringwood Station 4.7 km POWERED BY HERE ©Bus stops within 5 km of 836 Mountain Highway, Bayswater, VIC 3153 Distance Dunlop Ct/Mountain Hwy (Bayswater) 78 m Mountain Hwy/Bayswater Rd (Bayswater) 347 m Mountain Hwy/Jersey Rd (Bayswater) 477 m Senior Citizens CentreMountain Hwy 498 m 32 Jersey Rd 530 m POWERED BY HERE ©
POWERED BY HERE ©
RARE TRIPLE-NET LEASED INVESTMENT ON SIGNIFICANT LANDHOLDING
- Secure Long-WALE Cashflow
- High exposure site in known precinct
- Income upside & large landholding
Dawkins Occhiuto and JLL are pleased to present an exceptional opportunity to secure a long-term leased industrial investment underpinned by its high underlying land value and redevelopment potential.
836 Mountain Highway, Bayswater is a highly functional office warehouse conveniently located approximately 33km east of the Melbourne CBD. The property enjoys a strategic location with main road frontage and convenient proximity to Eastlink and the Eastern Freeway.
The property is 100% leased to Rosebank Engineering, a subsidiary of the ASDAM Group, on a new 11-year triple-net lease until January 2036. With guaranteed income growth, this prime Industrial 1 zoned property represents an exceptional investment and landbanking opportunity not to be missed!
Key features of the offering include:
+ New 11-year triple-net lease to Rosebank Engineering expiring January 2036
+ Current Net Passing Income of $594,104 p.a.*
+ Significant rental increase to $1,268,550 p.a.* from January 2026 onwards (107% increase)
+ Gross lettable area of 8,457sqm* (office/warehouse)
+ A capital works program to upgrade the existing base building is currently underway, which is funded by the tenant’s lease incentive and managed by the tenant
+ 1.87ha* high exposure Industrial 1 zoned site
+ Over 294m* of combined corner frontage
*approx.
This property is offered for sale via Expressions of Interest closing Wednesday, 21 August 2024 at 3.00pm (AEST).
Please contact exclusive selling agents, Dawkins Occhiuto and JLL, for more information.
836 Mountain Highway, Bayswater is a highly functional office warehouse conveniently located approximately 33km east of the Melbourne CBD. The property enjoys a strategic location with main road frontage and convenient proximity to Eastlink and the Eastern Freeway.
The property is 100% leased to Rosebank Engineering, a subsidiary of the ASDAM Group, on a new 11-year triple-net lease until January 2036. With guaranteed income growth, this prime Industrial 1 zoned property represents an exceptional investment and landbanking opportunity not to be missed!
Key features of the offering include:
+ New 11-year triple-net lease to Rosebank Engineering expiring January 2036
+ Current Net Passing Income of $594,104 p.a.*
+ Significant rental increase to $1,268,550 p.a.* from January 2026 onwards (107% increase)
+ Gross lettable area of 8,457sqm* (office/warehouse)
+ A capital works program to upgrade the existing base building is currently underway, which is funded by the tenant’s lease incentive and managed by the tenant
+ 1.87ha* high exposure Industrial 1 zoned site
+ Over 294m* of combined corner frontage
*approx.
This property is offered for sale via Expressions of Interest closing Wednesday, 21 August 2024 at 3.00pm (AEST).
Please contact exclusive selling agents, Dawkins Occhiuto and JLL, for more information.
Property ID: 504639708Last Updated: 16 Jul 2024
JLL - MelbourneLevel 33, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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