



WHERE YOU WILL FIND INFORMATION ON OUR CURRENT DEVELOPMENTS, FEATURE PROPERTIES AND LATEST NEWS FROM THE CRABTREES TEAM.
The first quarter of 2025 has shown positive signs for the market and delivered strong results for our business, with standout performances across both the commercial and industrial sectors.
Among the highlights was the sale of 23 Laser Drive, Rowville—an office/ warehouse investment achieving a sharp yield of 5.1%, and the successful lease of 20 Corporate Drive, Moorabbin, a high-quality corporate office of 2,516 sqm. For more information, please refer to our highlight results pages.
Looking ahead, we expect the market to maintain a steady course, buoyed by anticipated interest rate reductions and continued demand from both investors and owner-occupiers across all sectors.
The office leasing market continues to reflect this trend, with a sustained flight to quality influencing tenant decisions. Meanwhile, the industrial sector is experiencing ongoing demand driven by a limited supply of high-quality properties.
For more industry insights get in touch with the Crabtrees Real Estate team on 9567 8888.
Total Building Area: 890m2*
KEY FEATURES:
1/8 Anzed Court
• Total building area | 498m2*
• Consists of warehouse area | 115m2*
• Also includes office area over 2 storeys | 383m2*
• 11 car spaces on title
2/8 Anzed Court
• Total building area | 392m2*
• Consists of warehouse area | 179m2*
• Also includes office area over two storey’s | 213m2*
• 7 car spaces on title
Building: 2,775m2*
KEY FEATURES:
• 450m2* office/showroom
• Clearspan warehouse of 2,325m2*
• 10 Tonne crane capacity
• Sold with Vacant Possession
• Ample on-site parking
• Internal clearance up to 9m
• Two (2) container height roller doors
• High volume of passing traffic
• Great signage opportunity
SIGNIFICANT INDUSTRIAL POWERHOUSE WITH HARDSTAND
Building: 1,966m2* Land: 4,074m2*
KEY FEATURES:
• Land: 4,074 sqm*
• Building: 1,966 sqm* (Comprising of 3 Warehouses)
• Warehouse: 1,716 sqm*
• Office/Showroom: 250 sqm*
• Hardstand: 1,400 sqm*
• Versatility to use warehouse as one or split into multiple tenancies
• Up to 6.3 meters* of warehouse clearance
• Major hardstand - great for trucks & containers
SUBSTANTIAL CAMBERWELL FREEHOLD WITH UPSIDE!
Building: 175m2* Land: 371m2*
KEY FEATURES:
• Term certain lease expires 20th May 2029 providing clear pathway for your re-development plans or to re-negotiate fresh lease with existing tenant
• Securely leased returning $39,426.96 ex GST + Outgoings
• Substantial Commercial 1 zoned parcel of land
• Rear access to deep block opens up a plethora of opportunities such as multi level mixed use/ retail, residential or commercial office (STCA)
• Retail shop front plus existing double storey two bedroom dwelling
WEDNESDAY 4TH JUNE AT 3PM
MODERN OFFICE FOR SALE IN RINGWOOD!
Building: 141m2*
KEY FEATURES:
• Superbly presented 141 sqm* office suite
• Office fit out includes 5 partitioned offices, a meeting room, kitchenette & storage/server room
• Fully carpeted and ducted air conditioning throughout
• Directly across the road is Ringwood Square Shopping Centre
• Five (5) on-site secured car parks
• Natural light throughout
• Shared M/F bathrooms and shower facility on the floor
• Only 300m* from EastLink
BRILLIANT MULGRAVE MULTI-TENANT INVESTMENT!
Building: 2,214m2* Land: 4,230m2*
KEY FEATURES:
• Total rental return as at 24th May 2025 of $364,221 pa
• Two self contained as new first floor offices suites as with lift access and their own amenities leased to Hikvision Australia Pty Ltd
• Two self contained showroom /warehouse tenancies providing as new facilities leased to Artmar Natural Stone Warehouse Pty Ltd & Golden Barkery Pty Ltd
• All tenants well established and invested within each tenancy
• 3 roller doors providing excellent access
• Abundance of car parking with secure gated side yard
Building: 60m2*
KEY FEATURES:
• Current Rental income is $43,852 pa net
• Leased on 13th August 2024 for a five (5) year term
• One (1) further five (5) year term
• Annual increases
• Building area approx 60 sqm*
• Two (2) basement car parks
OWNER OCCUPY MODERN WAREHOUSE IN GOLDEN LOCATION!
Building: 537m2*
KEY FEATURES:
• Total building area 537m2*
• 417m2*clearspan warehouse
• 120m2* air-conditioned and carpeted office
• Good internal clearance
• To be sold with monthly tenancy
• Three (3) phase power
• On-site car parks
• Roller door access
• Tightly held Industrial location
ATTENTION OWNER OCCUPIERS || A+ LOCATION
Building: 430m2* Land: 715m2*
KEY FEATURES:
• Warehouse: 405m2* plus 25m2* office
• Three (3) phase Power
• Parking for 6 cars
• Suits many uses
• Sold as a going-concern with monthly tenancy
• Walking distance to M-City
• Rear storage area
• Special Use 6 zoned
FUNCTIONAL OFFICE/WAREHOUSE WITH MULTIPLE CRANES
Building: 3,744m2*
KEY FEATURES:
• Corporate office and amenities
• Functional warehouse with multiple roller door access
• Large power supply
• Secure rear yard
• 49 car parking locations
• Two cranes (10T & 5T)
• Prime corner lot
Building: 890m2* Land: 1,246m2*
KEY FEATURES:
• Lofty warehouse of 710m2*
• Quality office of 160m2*
• Mezzanine of 20m2*
• Separate staff amenities
• Dispatch office
• High warehouse of 8.3m* to 9.1m*
• 5m high roller door under canopy
• 14 car spaces on site
BRAND NEW OFFICE WAREHOUSE!
Building: 709m2*
KEY FEATURES:
• Dual level offices & showroom of 216m2*
• High bright clearspan warehouse of 493m2*
• Excellent volumetric capacity
• Container height roller door
• 11 car spaces including some under covver
*** READY FOR IMMEDIATE OCCUPANCY!
BRAND NEW WAREHOUSE WITH STREET FRONTAGE
Building: 199m2*
KEY FEATURES:
• Located within the South East Business Park
• Total building area: 199m2*
• Brand new warehouse
• Street frontage
• Securely fenced with sliding gate
• External rear area
LOCATION & ACCESS!
Building: 1,795m2* Land: 2,745m2*
KEY FEATURES:
• Includes 249m2* of air conditioned offices over two levels
• Two (2) container height roller shutter doors
• 28 Car parks
• Possible yard
• Drive through access
STAR LOCATION!
Building: 1,500m2*
KEY FEATURES:
• 1,500m2* total building area
• 1,118m2* of clearspan warehouse
• 270m2* total office area
• 112m2* of storage mezzanine
• Two (2) container height roller doors
• Great internal clearance
• Easy access to all major arterials
Flexible areas available from 99 sqm* to 427 sqm*
KEY FEATURES:
• Building 2 Level 1 427m2*
• Building 9 Level 1 152m2*
• Building 10 Ground 284m2*
• Building 11 Level 1 250m2*
• Building 26 Ground 142m2*
• Building 28 Ground 99m2*
• Building 28 Ground 198m2*
• Building 32 Level 1 283m2*
QUALITY OFFICES - PRIME LOCATION!
Office areas from 375 sqm* to 826 sqm*
KEY FEATURES:
• Ready to occupy in the heart of Monash!
• High quality fittings and finishes
• Allocated carparking
• Signage opportunities
• Terrific natural light
• Lift access
• Directly opposite the amazing M-City Development
HIGH EXPOSURE OFFICE - LARGE CATCHMENT!
Sizes from 77m2*
KEY FEATURES:
• Pristine development ideal for office & showroom uses
• Ample signage and onsite parking
• The Global Local café open
• First floor fully leased to CBA Business Banking Centre, Manpower Services and Hoban Recruitment
• Total building area 531m2*
• Total land area 726m2*
• 481m2* warehouse
• 50m2* office
• On-site car parking
• Additional 40m2* mezzanine
• Rear storage area
• Three (3) phase power
• Suits many uses
• Total building area 1,030m2*
• Leased to Metal Manufacturers Pty Ltd
• Newly committed three (3) year + three (3) year lease from 21st May 2025
• Returning $113,300 pa (net) ex GST
• Tenant pays all outgoings including Single Holding Land Tax
• Annual rental increases in line with CPI
• 700m2* total building area
• 620m2* clearspan factory warehouse area
• 80m2* of partitioned office including a front reception area
• 1,400m2* total land area
• Separate male & female toilets including kitchenette
• Securely fenced rear yard with great truck/ vehicle access
• Six (6) securely fenced carspaces SOLD FOR $1.9 MILLION OAKLEIGH SOUTH 60 Carroll Road Pana Kritikos 0418 358 700 Chris McKenzie 0418 321 065
• Total building area 700m2*
• Total land area 978m2*
• Good warehouse height
• Container height roller door
• Great natural light
• Small 46m2* office with split system A/C + carpeted office
• 3 phase power
• Walking distance to IKEA, M-City with Village Cinemas, Woolworths, K-Mart, etc SOLD FOR $1,657,500 SPRINGVALE 907a Princes Highway
• 415m2* Warehouse / Showroom
• 935m2* Industrial 1 freehold land holding
• Terrific car parking and loading area
• 27.66 meters of Princes Highway frontage
• Generous power supply
• Easily accessible location
• Sold with Vacant Possession
CHELTENHAM 24 Kembla Street Pana Kritikos 0418 358 700 Gavin Dumas 0411 878 423 Pana Kritikos 0418 358 700 Christos Spanos 0411 650 185
• Secure Investment with established long-term engineering tenant!
• Rental: $108,150 per annum net
• Term: 3 years x 3 years from 27th April 2024
• 960 sqm* total building area
• 1,419m2* Industrial 1 zoned land parcel
• 795m2* clearspan warehouse
• 165m2* air-conditioned office
• Ample car park area SOLD FOR $2.18 MILLION
• Term: Five (5) Years
FOR $3.3 MILLION NOBLE PARK NORTH Unit 2/450 Princes Highway
• Securely leased to Brotherhood of St Laurence
• Rental from 16 July 25: $207,659 pa (net)
• Commencement: 16th July 2023
• Rent Reviews: Annual fixed reviews of 3%
• Highly exposed showroom/warehouse of 1,186m2*
• Quality facility with up to 9 metre clearance
• Abundant car parking for 25 cars
Grant Tishler 0417 552 919 Joe Monea 0448 486 665
10-12 Roberna Street
• Building: 2,102m2*
• Land: 2,628m2*
• Double frontage (36.5m)
• Front roller door with loading dock
• Front office + showroom
• Onsite parking
• Neat & tidy warehouse SOLD FOR $3.8 MILLION
Grant Tishler 0417 552 919 Luke Pitcher 0417 055 578
NOBLE PARK NORTH Unit 8/450 Princes Highway
• Open plan & partitioned two level office: 279m2*
• High clearance warehouse: 2,341m2*
• Internal clearance of up to 11.1 m*
• ESFR sprinkler system
• Two (2) front container height roller doors
• Excellent staff amenities
• Thirty five (35) on-site car spaces
• Immediate access to Princes Highway connecting to Eastlink and the Monash Freeway SOLD FOR $6,812,500
Grant Tishler 0417 552 919 Joe Monea 0448 486 665
LEASED FOR $210 PER SQM
39a Myrtle Street, Glen Waverley
• Total building area: 579m2*
• Office area: 50m2*
• Warehouse area: 529m2*
• 8 on-site car parks / rear yard
• Three (3) roller shutter doors
• High and bright warehouse
• Located only minutes to the Glen Shopping Centre
Mark Spigelman 0419 324 342
Gavin Dumas 0411 878 423
MULGRAVE 14 Bastow Place
• Total building area 582m2*
• Newly refurbished office with showroom: 130m2*
• High and bright warehouse
• Three (3) Phase Power
• 10 car spaces
• Kitchen & bathroom amenities
• Situated in the heart of Mulgrave LEASED IN 1 WEEK
Mark Spigelman 0419 324 342 Joe Monea 0448 486 665
DANDENONG SOUTH 15 Frankston Dandenong Road
• 1,913m2* total building area
• 1,313m2* warehouse
• 600m2* showroom with polished concrete floors
• 11 on-site car parks + container loading area
• 86* meters of prime corner frontage
• Male & Female amenities + Kitchen
• Roller door access
• Prime exposure with signage benefits LEASED FOR $239,125 PA NET
Pana Kritikos 0418 358 700 Luka Marolt 0418 364 064
FOR $102,500 PA
ON 7 YEAR TERM
• Total building area: 669m2*
• Including 50m2* office
• Clearspan warehouse up to 7 metre clearance
• Bonus mezzanine storage
• 9 car spaces
• Situated in quality business park environment only seconds to EastLink
Grant Tishler 0417 552 919
Joe Monea 0448 486 665
Mark Spigelman 0419 324 342
1/20 Corporate Drive
• Total building area of 2,516m2*
• Male and female amenities to each tenancy
• End-of-Trip facilities including showers, lockers and bike storage
• Bright central atrium with skylights, connecting occupants to the natural environment
• Targeting 4.5 Star NABERS rating
• Generous carparking ratio
• Established onsite café
Elise Betts 0407 864 319
Grant Tishler 0417 552 919
Dandenong Road
• Total building area of 580m2*
• Air conditioned/heated showroom
• Multiple partitioned offices
• Rear storeroom with good height
• Automatic rear roller door access
• Kitchenette and toilet facilities
• Suits a variety of uses
Saul Akoka 0427 632 030
Chris McKenzie 0418 321 065
• Total building area of 1,500m2*
• Warehouse of 1,200m2*
• Two (2) level office of 300m2*
• Concrete yard of 950m2*
• 26 car parks
• Three (3) roller door access points
Tishler 0417 552 919
Monea 0448 486 665
• Total building area of 469m2*
• Brand new office warehouses
• Located in quite cul-de-sac
• Air-conditioned mezzanine offices
• High bright warehouses
• Ample on-site parking including some under cover
• Security gates/fencing; High quality amenities
• Stand-alone office/warehouse of 2,077m2*
• 2 level air-conditioned office 1,010m2*
• Clearspan warehouse of 1,067m2*
• Anti-static flooring & additional power provisions with tech area
• Warehouse includes air-conditioned tech area
• Offices Include partitioned and open plan areas
• 3,984m2* land area with 40 on-site car parks
• Dual roller door access
Part Level 1/10 Caribbean Drive
• Total building area of 729m2*
• Impressive client foyers
• Boardroom with client & internal meeting rooms
• Kitchen and expansive breakout areas and collaboration zones
• Private offices
• Allocated car spaces with client parking
• 120 seat auditorium for hire
Elise Betts 0407 864 319 Grant Tishler 0417 552 919
MOUNT WAVERLEY L3/255 Blackburn Road
• Total building area of 300m2*
• Flexible floor plates with outdoor terraces
• 50 secure undercover carparks
• Lift servicing all levels
• Minutes from Syndal train station
• Four (4) car parks
Elise Betts 0407 864 319 Chris McKenzie 0418 321 065
Suite 3/2 Walker Street
• Total building area of 127m2*
• Terrific exposure & signage opportunities
• Walking distance to Dandenong Transport Hub including train and numerous bus routes.
• Strategic location in the heart of Central Dandenong
• Onsite café
Elise Betts 0407 864 319
Tishler 0417 552 919
LEASED ON 4.5 YEAR TERM
LEASED ON 5 YEAR TERM
LEASED ON 5 YEAR TERM
270 Clayton Road
• Total building area of 1,720m2*
• Prominent standalone office building
• 42 secure carparks
• Building signage opportunities
• Over two levels with access to a basement carpark
• Close proximity to Monash Children’s Hospital, Monash Medical Centre & Clayton train station
Elise Betts 0407 864 319
Chris McKenzie 0418 321 065
MULGRAVE
3.02/2 Nexus Court
• Total building area of 313m2*
• First class offering within the renowned Nexus Business Precinct
• Variety of meeting rooms, board rooms and open plan seating, as well as a well-appointed kitchenette, shower, male and female toilets
• 3 x on-site cafes; Childcare Centre
• Brand new Pinnacle Health Club
• Communal basketball/futsal court
Elise Betts 0407 864 319 Grant Tishler 0417 552 919
MULGRAVE
Part Level 1/8 Nexus Court
• Total building area of 705m2*
• Positioned at the entrance of Nexus Business Precinct
• Business Park features refurbished foyer, lobbies & amenities on each level
• Brand new landscaping
• 3 x on-site cafes; Childcare Centre
• Brand new Pinnacle Health Club
• Communal basketball/futsal court
Elise Betts 0407 864 319 Grant Tishler 0417 552 919
So, another exciting quarter has passed, and momentum across our developments continues to build.
PRECINCT, Oakleigh is well underway with strong early interest translating into multiple workspace and basement sales from launch. With construction progressing, this new workplace community is setting a benchmark for modern business environments in leafy Oakleigh.
FOUND, Huntingdale is nearing final completion, and sales have continued steadily throughout the campaign. With a diverse mix of offices, warehouse spaces, and showroom-style units, this development has attracted a wide range of businesses ready to settle in.
49Wangara, Cheltenham is quickly taking shape, with sales remaining solid across all asset classes including offices, retail, storage units, and office warehouses. Completion is on track for early 2026, and interest remains high as construction advances.
THE BASE, Bayside has also commenced construction. Recent sales include both office warehouses and micro warehouse units, while this standout development also features a dedicated two-level office building. Stage One settlements are expected by late 2025.
We are excited to announce the launch of CLAYTON COLLECTIVE which provides larger warehouse on offer ranging from 518m2* to 1,142m2*. This development sits immediately adjacent to a new service centre providing fuel and food options.
With such positive momentum, we’re looking forward to a big year ahead as these landmark projects continue to progress.
Stay tuned for further exciting developments to come.
Luke Pitcher Director - Project Marketing
8-12 King Street, Oakleigh
Featuring 18 architecturally designed buildings as well as 49 all weather multi-purpose spaces in “The Basement”
10-12 Christensen Street, Cheltenham
“The Base” provides a high-tech hub of industrial and commercial spaces for business and leisure
17-31 Franklyn Street, Huntingdale
State-of-the
1-8/25 & 27 Commercial Road, Notting Hill
Eight
These business parks are strategically located throughout Melbourne’s south eastern corridor and positioned with convenient access to major arterials providing excellent access for owners, tenants and their customers.
A NEW WORKPLACE COMMUNITY IN OAKLEIGH’S LEAFY STREETS FEATURING 18 ARCHITECTURALLY DESIGNED BUILDINGS AS WELL AS 49 ALL WEATHER MULTI-PURPOSE SPACES IN “THE BASEMENT”.
King Street Quarter - Areas from 145m2* to 209m2*
• Direct King Street frontage
• North glazing to premium offices and showroom
Building J - Total area of 620m2*
• John Street frontage plus rear access
• A premium warehouse, showroom & 1st floor office
Workshops - Areas from 282m2* to 460m2*
• Highly functional office & warehouse accommodation
The Basement Storage Units – Areas from 24m2* to 120m2*
• 24/7 access, CCTV security
• Communal facilities including meeting room, kitchenette and end of trip facilities
“THE BASE” PROVIDES A HIGH-TECH HUB OF INDUSTRIAL AND COMMERCIAL SPACES FOR BUSINESS AND LEISURE.
Office/Warehouses:
• Units ranging from 197m2* - 499m2*
• Rear access roller door entry in selected units with client facing offices
• Fully enclosed mezzanine offices with reverse cycle heating/cooling
Strata Office Suites:
• Office suites ranging 85m2* - 311m2*
• Covered private balconies to selected suites
• Individual heating & cooling to suites
Habitable Micro Warehouse / Storage Warehouses:
• Sizes ranging from 70m2* - 175m2*
• Triple the security with entry gate, driveway entry roller door & individual roller door access
• Habitable micro warehouses with mezzanine suitable for office with natural light /openable windows and fresh air and kitchenettes
DEVELOPED BY MATTER PROJECTS, WANGARA IS THE RESULT OF A SHARED VISION: FUTURE-PROOF SPACES FOR FUTURE-FORWARD BUSINESSES.
Office spaces from 60m2* - 650m2* +
Office/Warehouses from 150m2* - 500m2*
Retail from 116m2* - 875m2*
Storage units from 13m2* - 207m2*
Key features include:
• Architecturally designed facades
• Generous and meticulous landscaping
• Rooftop terrace & gardens
• On-site cafe/hospitality venue
• Function room
• Caretakers residence
• On grade and basement car parking
• Energy efficient lighting
•
Chris McKenzie 0418 321 065
Luke Pitcher 0417 055 578
Pana Kritikos 0418 358 700
EIGHT (8) BRAND NEW OFFICE WAREHOUSES OF A HIGH STANDARD BEING OFFERED IN A QUIET CUL DE SAC IN A PRIME LOCATION WITHIN NOTTING HILL.
With areas ranging from 195m2* to 469m2*, each premises will feature:
• Air-conditioned mezzanine offices
• High bright warehouses
• Ample on-site parking including some under cover
• Security gates / fencing
• High quality amenities
Luke Pitcher 0417 055 578
Saul Akoka 0427 632 030
Pana Kritikos 0418 358 700
• Located centrally within Notting Hill these high-quality premises are only minutes to the Monash Freeway, Ferntree Gully Road, Forster Road and Blackburn Road.
• Energy efficient lighting
TO BE DEVELOPED BY THE HIGHLY REGARDED AWARD WINNING ELITE PROPERTY GROUP
Available areas 518m2* to 1,142m2*
Gavin Dumas 0411 878 423
Pana Kritikos 0418 358 700
Key features include:
• Air conditioned first floor offices
• High clearance clear span warehouses providing excellent volumetric capacity
• Excellent truck access with independent driveways for each building and accessible from both Clayton Road and Fairbank Road
• Immediately adjacent a new service centre providing fuel and food options
• Ample on site parking on title including some undercover
• Rarely available size range!
7-11 Whitfield Boulevard, Cranbourne
12 SHOWROOM WAREHOUSES + STORAGE
• Sizes: 117sqm - 325sqm
• SOLD OUT 2019
55-57 Whiteside Road, Clayton South
7 WAREHOUSES
• Sizes from 197sqm - 226sqm
• SOLD OUT 2018
1470 Ferntree Gully Road, Knoxfield
88 OFFICE WAREHOUSES
• Sizes: 132sqm – 230sqm
• SOLD OUT 2018
1-8 Precision Lane, Notting Hill
8 OFFICE WAREHOUSES
• Sizes: 323sqm – 326sqm
• SOLD OUT 2018
31-39 Norcal Road, Nunawading
71 STRATA OFFICES & OFFICE WAREHOUSES
• Sizes: 91sqm – 400sqm
• SOLD OUT AND FULLY LEASED 2020