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Overview
1-3 Bunney Road OAKLEIGH SOUTH VIC 3167
Located in one of the most sought-after industrial precincts in the south-east, 1-3 Bunney Road, Oakleigh South offers a prime opportunity to acquire a high-quality commercial investment. This property consists of two substantial adjoining industrial buildings, providing a significant total building area of approximately 2,500 square meters. The land is zoned Industrial 1 and spans approximately 3,200 square meters, offering a strong underlying landholding in a tightly held market.
The buildings are functional with high-clearance ceilings and an abundant power supply, allowing for flexible use and future reversionary potential. The property benefits from a brand new 10-year lease to a well-established manufacturer, A&M Packaging, ensuring immediate income security. The lease includes fixed annual rental increases of 3.5%, providing consistent growth and a reliable income stream.
Strategically positioned, the site enjoys excellent connectivity to major arterial roads including North Road and Warrigal Road, enhancing accessibility for logistics and distribution. The location is within a tightly held industrial precinct characterized by limited supply and strong tenant demand, making this an attractive investment for long-term capital growth.
Key features of the property include:
- New 10-year lease to A&M Packaging
- Net rental income of $330,000 per annum
- Annual fixed rental increases of 3.5%
- Total building area of approximately 2,500 sqm across two adjoining facilities
- High-clearance industrial buildings with substantial power supply
- Industrial 1 zoned land area of approximately 3,200 sqm
- Prime location with excellent access to major arterials
- Situated in a tightly held industrial precinct with strong tenant demand
This property is offered for sale via Expressions of Interest, closing on Wednesday 10th June at 2:00pm. It represents a rare opportunity to secure a secure, income-producing industrial asset with strong future upside in a prime location.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Oakleigh South VIC 3167
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 2500 m² |
Market Insights for Oakleigh South VIC 3167
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