Corner Stone | Q3, 2023 | Crabtrees Real Estate

THE CORNER STONE Quarter 3 | 2023

crabtrees.com.au

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

TO KEEP UP TO DATE WITH OUR LATEST RESULTS NEW LISTINGS AND MARKET INFORMATION

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WELCOME

TO THE THIRD EDITION OF THE CORNER STONE FOR 2023!

WHERE YOU WILL FIND INFORMATION ON OUR CURRENT DEVELOPMENTS, FEATURE PROPERTIES AND LATEST NEWS FROM THE CRABTREES TEAM. Against the backdrop of tumultuous events both at home and abroad, the market has proven its remarkable resilience. Despite overseas conflicts, domestic political turbulence, and shifting consumer sentiments, the business landscape remains robust.

Our enterprise stands as a testament to this resilience, showcasing consistent sales and leasing results. These achievements underscore the enduring confidence of buyers and tenants in the economy.

In the realm of property management, we have weathered the storm caused by the pandemic. Tenant arrears, once a cause for concern, have now stabilized. Interestingly, tenants are presented with a choice: renew their leases or seek larger premises.

Renewals are driven by the scarcity of alternative options and a significant uptick in rental prices across the market.

One notable factor contributing to these rent hikes is the recent spike in the Consumer Price Index (CPI). Lease agreements, structured around CPI reviews, have led to rent increases of up to 7 to 8% for some tenants, leaving them understandably surprised.

However, it’s important to note that these adjustments have, in most cases, aligned current passing rentals with market parity.

Looking forward, the market’s resilience paints a positive picture for the future. As we move further into the financial year, the trends witnessed in the first half indicate a prosperous 2024 on the horizon.

For more industry insights get in touch with the Crabtrees Real Estate team on 9567 8888.

Built on knowledge.

FOR SALE

8-12 SARTON ROAD, CLAYTON MAJOR INDUSTRIAL IN-FILL DEVELOPMENT SITE Building: 5,383m²* Land: 10,525m²* KEY FEATURES: EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 1ST NOVEMBER AT 4PM • Dual street access with 100m* frontage to Sarton Road • Flexible Special Use 6 Zone under Monash Planning Scheme provides for wide variety of potential uses • Long standing existing tenancy in place with term certain lease Gavin Dumas 0411 878 423 • Immediate access to Wellington Road and within proximity to Chris McKenzie 0418 321 065 major arterials Princes Highway, Blackburn Road with Monash M1 Freeway & EastLink only minutes away •

Potential for a new building/s, and land bank or wholesale redevelopment or a combination! crabtrees.com.au

FOR SALE

1-11 KNOWLES ROAD, DANDENONG SOUTH PRIME INVESTMENT! Building: 3,177m²* Land: 6,324m²* KEY FEATURES: •

Securely leased to Care Automotive Group Pty Ltd

•

Returning $498,000 pa net; Brand new five (5) year lease

•

Bank and Directors Guarantee; 4% annual rent reviews

•

Office/showroom area of 292 sqm*

•

Warehouse area of 2,885 sqm*

•

Large canopy of 324 sqm*; Wash bay

•

Secure perimeter fencing

EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 15TH NOVEMBER AT 4PM

Grant Tishler Tim Homes

0417 552 919 0439 321 707

Built on knowledge.

FOR SALE

2, 4, & 6 MAVRON STREET, ASHWOOD MUST BE SOLD! VENDOR SAYS SELL!!!

Combined Building: 260m²* Combined Land: 393m²* KEY FEATURES: • 2 Mavron Street: Building area 88 sqm* Land area 131 sqm* • 4 Mavron Street: Building area 86 sqm*Land area 131 sqm* • 6 Mavron Street: Building area 86 sqm* Land area 131 sqm* • Available together or individually • Neat and bright; Heating and cooling • Perfect for new business • Kitchen and toilet amenities • Rear car parking and access and great street car parking for customers crabtrees.com.au

EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 1ST NOVEMBER AT 4PM

Gavin Dumas 0411 878 423 Christos Spanos 0411 650 185

FOR SALE

7 BASS COURT, KEYSBOROUGH BESPOKE OFFICE WAREHOUSE IN KEY ESTATE Building: 1,032m²* Land: 1,354m²* KEY FEATURES: •

Office area of 269 sqm*; Warehouse area of 763 sqm*

•

Sold with Vacant Possession

•

Internal warehouse clearance up to 9m*

•

Container height access roller door with canopy

•

Dual level corporate offices with heating/cooling throughout

PRIVATE SALE

Joe Monea Grant Tishler

0448 486 665 0417 552 919

and an abundance of natural light •

Amenities plus lunchroom/kitchenette on both levels

•

Securely fenced with electric sliding gates; 15 car spaces Built on knowledge.

FOR SALE

21 OXFORD STREET OAKLEIGH RARE DEVELOPMENT SITE OPPORTUNITY Land: 521m²* KEY FEATURES: EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 22ND NOVEMBER AT 4PM • Zoning: Commercial 1 • Vacant Possession • Potential for 3 level development (STCA) • 16.9m* frontage Chris McKenzie 0418 321 065 • Suit office development, medical development, residential Elise Betts 0407 864 319 development (STCA) • Flexible terms available • The vacant parcel of land, located in Oxford Street, Oakleigh is bound by Atherton Road to its north and Burlington Street to its south. crabtrees.com.au

FOR SALE

17-19 APOLLO DRIVE, HALLAM IDEAL ENGINEERING FACILITY Building: 1,449m²* Land: 2,604m²* KEY FEATURES: ++ SHORT TERM LEASE – INVEST NOW & OCCUPY LATER ++ • Office of 135 sqm*; Warehouse of 1,210 sqm* • Rear Store of 50 sqm*; First floor amenities of 44 sqm* • Mezzanine behind the office of 60 sqm* • 5 tonne crane; Warehouse height up to 8m* • 3 phase power points throughout the warehouse • Side and rear yard; Four roller doors, two 7m* wide • Rear & side loading canopies; 350 amps of power • Solar panels on roof producing 35 Kw

EXPRESSIONS OF INTEREST CLOSING THURSDAY 23RD NOVEMBER AT 4PM

Grant Tishler Tim Homes Joe Monea

0417 552 919 0439 321 707 0448 486 665

Built on knowledge.

FOR SALE

70 PORTMAN STREET, OAKLEIGH FREEHOLD RETAIL OPPORTUNITY - OCCUPY OR INVEST! Building: 168m²* Land: 148m²* KEY FEATURES: •

Ground floor retail 130 sqm* with vacant possession and

$1,725,000 + GST IF APPLICABLE

ideal for cafe/ restaurant/ bar or hospitality uses •

Ground floor is air-conditioned and includes partial food fitout with grease trap

•

Front and rear access

•

First floor office of 38 sqm* with existing lease

•

Adjacent Oakleigh train station, bus interchange, Oakleigh Central and the famous Eaton Mall! crabtrees.com.au

Pana Kritikos 0418 358 700 Christos Spanos 0411 650 185 Gavin Dumas 0411 878 423

FOR SALE

9 TUDOR STREET, BURWOOD OUTSTANDING OWNER OCCUPIER OPPORTUNITY Building: 465m²* KEY FEATURES: •

Includes 25 sqm* refurbished offices/amenities

•

Land size of approximately 708 sqm*

•

Zoned Industrial 1

•

To be sold with Vacant Possession

•

Side container drop off/yard area

•

Motorised roller door; Terrific truck access/loading area

•

Three (3) phase power; A-Grade location

•

Great access to major arterials

AUCTION WEDNESDAY 15TH NOVEMBER AT 1PM

Pana Kritikos Chris McKenzie

0418 358 700 0418 321 065

Built on knowledge.

FOR SALE

2/33-37 DUERDIN STREET, NOTTING HILL MODERN LIGHT FILLED OFFICE WITH FLEXIBILITY Land: 362m²* Car Parks: 15 KEY FEATURES: •

Modern fully self-contained building

•

Abundance of natural light

•

15 car parks on title

•

Current permit in place for a veterinary clinic

•

Suit medical, allied health, veterinary practice or office (STCA)

•

Part of this masterplanned Uni Central business precinct

crabtrees.com.au

Pana Kritikos Elise Betts

0418 358 700 0407 864 319

FOR SALE

31 HIGH STREET, GLEN IRIS FREEHOLD INVESTMENT WITH UPSIDE Building: 140m²* Land: 225m²* INVESTMENT FEATURES: •

Leased to Kenichi Okumura & Atsuki Hiriat T/A Izakaya

PRIVATE SALE

Chouchou •

Returning $60,000 pa net; 4% annual increases

•

Three (3) Year term commencing from July 2023

•

Two (2) further terms of three (3) years

Joe Monea Tim Homes

0448 486 665 0439 321 707

PROPERTY FEATURES: •

Commercial Kitchen Fit-out; Front and rear lane access

•

Commercial 1 Zoning ideal for mixed used redevelopment Built on knowledge.

FOR SALE

SUITE 204/12 CORPORATE DRIVE, HEATHERTON OWN YOUR OWN OFFICE! Building: 71m²*

Car Parks: 3

KEY FEATURES: •

Open office space

•

Terrific natural light

•

Open plan with meeting room

•

3 car spaces on title

•

2-minute walk to Miss Mavis café

•

Located within the sought after Parkview Estate

crabtrees.com.au

Elise Betts Grant Tishler

0407 864 319 0417 552 919

FOR SALE

211/12 CORPORATE DRIVE, HEATHERTON OFFICE READY TO OWN OR LEASE! Building: 85m²* Car Parks: 3 KEY FEATURES: •

Open office space

•

Top floor location with terrific natural light

•

3 car spaces on title

•

Internal kitchenette

•

2-minute walk to Miss Mavis café

•

Located within the sought after Parkview Estate

SALE OR LEASE

Elise Betts Grant Tishler

0407 864 319 0417 552 919

Built on knowledge.

FOR SALE

7/202-220 FERNTREE GULLY ROAD, NOTTING HILL OWN YOUR OWN OFFICE IN MONASH! Building: 187m²*

Car Parks: 7

KEY FEATURES: •

Fully self-contained walk-up office

•

Two level office

•

Variety of open plan and private areas

•

Kitchen and toilet amenities on both floors

•

Excellent natural light throughout

•

7 car spaces, both on grade and basement

crabtrees.com.au

DEADLINE PRIVATE SALE CLOSING THURSDAY 31ST AUGUST AT 4PM

Grant Tishler Elise Betts

0417 552 919 0407 864 319

FOR SALE

7/756 BLACKBURN ROAD, CLAYTON OFFICE READY TO OWN OR LEASE! Building: 200m²* Car Parks: 7 KEY FEATURES: •

Partitioned offices

•

Seven (7) Allocated Car Spaces, six (6) allocated in basement

•

Kitchenette

•

Fully air conditioned

•

Self contained with own toilets and kitchenette facility

•

Within proximity to Springvale Homemaker Centre, M-City,

SALE OR LEASE

Elise Betts Tyler Hargan

0407 864 319 0400 225 390

Monash University, and the Victorian Heart Hospital

Built on knowledge.

FOR LEASE

REAR OF 115 COLEMANS ROAD, DANDENONG SOUTH QUALITY AND POSITION Building: 2,342m²* KEY FEATURES: •

High internal warehouse clearance; Large cubic capacity

•

Neat office/amenities; Dual roller shutter doors

•

Ample allocated car parks; Secure hardstand

•

Canopy cover; Securely gated premises

•

$266,000 PA + GST + OUTGOINGS

Joe Monea Grant Tishler Located in the heart of Dandenong South’s industrial precinct, Tim Homes the property offers excellent transport access to major roads such as Taylors Road, Frankston Dandenong Road, South Gippsland High1way & EastLink. crabtrees.com.au

0448 486 665 0417 552 919 0439 321 707

FOR LEASE

6/4 GARDEN ROAD, CLAYTON CORPORATE HQ! Building: 697m²* Car Parks: 16 KEY FEATURES: •

Two level offices of 497 sqm*

•

Mixture of partitioned and open plan

•

Separate M & F toilets to each level

•

Kitchenette facilities to each level

•

200 sqm* of high clearance warehouse

•

Warehouse toilet

•

3 phase power

$140,000 PA + GST + OUTGOINGS

Luke Pitcher Chris McKenzie

0417 055 578 0418 321 065

Built on knowledge.

FOR LEASE

25 HAMILTON STREET, OAKLEIGH MAJOR OAKLEIGH INDUSTRIAL FACILITY Building: 5,637m²*

Land: 7,676m²*

KEY FEATURES: •

Three street frontages in an outstanding location

•

High clearance factory warehouse of 4,773 sqm*

•

Well presented 2 level office showrooms of 864 sqm*

•

4 container height roller doors; Rear loading dock

•

Fully sprinklered; Ample on-site car parking

•

Warehouse is clean and bright with excellent natural light

•

Offices are air conditioned and well maintained with a mix of partitioned and open plan areas crabtrees.com.au

FOR LEASE

Gavin Dumas Pana Kritikos

0411 878 423 0418 358 700

FOR LEASE

39-41 HUNTINGDALE ROAD, BURWOOD PRIME CORNER SITE Building: 390m²* Land: 1,456m²* KEY FEATURES: •

Double fronted corner land holding

•

Refurbished office/warehouse

•

75m* frontage

•

Ample on-site car park

•

3 cross overs

•

Additional sheds/ securely fenced area

•

Signage potential

FOR LEASE

Pana Kritikos 0418 358 700 Mark Spigelman 0419 324 342

Built on knowledge.

FOR LEASE

10 CARIBBEAN DRIVE, SCORESBY CARIBBEAN PARK - WHY WORK FROM HOME? Building: 729m²* KEY FEATURES: •

Impressive client foyers

•

Boardroom with client and internal meeting rooms

•

Kitchen and expansive breakout areas and collaboration zones

•

Private offices

•

Allocated car spaces with client parking

•

120 seat auditorium for hire

crabtrees.com.au

FOR LEASE

Elise Betts Grant Tishler

0407 864 319 0417 552 919

FOR LEASE

26-30 CONNELL ROAD, OAKLEIGH LARGE OAKLEIGH INDUSTRIAL FACILITY Building: 7,010m²* Land: 9,044m²* KEY FEATURES: •

Two (2) x street frontages

•

Two (2) x level showroom/office of 1,532 sqm*

•

Clean & functional warehouse of 5,478 sqm*

•

Four (4) x roller doors (one loading dock)

•

Up to 6.8m* factory warehouse height

•

On-site substation; Fully sprinklered

•

Container height covered loading bay facility of 365 sqm*

•

56 on-site car spaces; Ample kitchen/toilet amenities

FOR LEASE

Chris McKenzie Joe Monea

0418 321 065 0448 486 665

Built on knowledge.

FOR LEASE

2/11-15 SMEATON AVENUE, DANDENONG SOUTH BOUTIQUE FITTED OFFICE! Building: 146m²* KEY FEATURES: •

Furnished office

•

Terrific natural light

•

5 car spaces

•

On-site cafe

•

Parkland surrounds

crabtrees.com.au

Car Parks: 5 FOR LEASE

Elise Betts Grant Tishler

0407 864 319 0417 552 919

FOR LEASE

73 MONASH DRIVE, DANDENONG SOUTH PRIME MANUFACTURING HQ Building: 11,294m²*

Land: 27,880m²*

KEY FEATURES: •

Single level office of 1,223 sqm*

•

Fully sprinklered warehouse of 10,071 sqm*

•

Warehouse springing height of 10m*.

•

Large loading canopy and concrete hardstand

•

Multiple roller doors and loading dock

•

Drive around access; Large power & gas supply

•

Existing infrastructure for food manufacture if required

•

111 car parks

FOR LEASE

Grant Tishler Tim Homes Joe Monea

0417 055 578 0439 321 707 0448 486 665

Built on knowledge.

FOR LEASE

20 CORPORATE DRIVE, MOORABBIN FULLY REFURBISHED OFFICE BUILDING AVAILABLE Q4, 2023 Customised floorplates catering for 50 to 650 staff KEY FEATURES: •

Dedicated male and female amenities to each tenancy

•

End-of-Trip facilities including showers, lockers & bike storage

•

Ample opportunity for external building signage & wayfinding

•

Bright central atrium with skylights

•

Targeting 4 Star NABERS rating; Generous carparking ratio

•

Established onsite café; Exclusive access to adjoining recreational parkland

•

Integrated fitout solutions available crabtrees.com.au

FOR LEASE

Elise Betts Grant Tishler

0407 864 319 0417 552 919

FOR LEASE

270 FERNTREE GULLY ROAD, NOTTING HILL GROW & THRIVE AT OMNICO BUSINESS CENTRE! Flexible areas available from 214m²* to 420m²* KEY FEATURES: •

Building 2, Ground Level – 420 sqm*; 10 car spaces

•

Building 9, Level 1 – 304 sqm*; 8 car spaces

•

Building 32, Level 1 – 283 sqm*; 7 car spaces

FOR LEASE

Elise Betts Gavin Dumas

0407 864 319 0411 878 423

Built on knowledge.

FOR LEASE

1894 DANDENONG ROAD, CLAYTON QUALITY OFFICES - PRIME LOCATION! Office areas from 375m²* to 826m²* 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

crabtrees.com.au

FOR LEASE

Elise Betts Gavin Dumas

0407 864 319 0411 878 423

FOR LEASE

89-91 PETERS AVENUE, MULGRAVE FREESTANDING OFFICE BUILDING IN GARDEN SETTING! Building: 2,251m²* Car parks: 81 KEY FEATURES: •

Standalone office building

•

Recently refurbished turn key fitout including furniture

•

Building signage opportunities

•

Ancillary storage facility with separate access

•

Walking distance to cafes, childcare & gym

•

4 STAR NABERS RATING

FOR LEASE

Elise Betts Gavin Dumas

0407 864 319 0411 878 423

Built on knowledge.

FOR LEASE

26 MCCRAE STREET, DANDENONG FLEXIBLE TENANCIES TO SUIT! Areas ranging from 100m²* to 1,500m²* LEVEL 2 KEY FEATURES: •

Refurbished office space of 690 sqm*; Glass partitioning

•

Mix of open plan areas & private offices, boardroom, full

FOR LEASE

kitchen, own amenities; New carpet; Fully air-conditioned •

Full recessed LED lighting; Great natural light; Dual lift access

LEVEL 3 KEY FEATURES: •

100 sqm²* - 325 sqm* smartly presented offices; Secure entry

•

Dual lift access; Multiple open plan and private spaces

LEVEL 4 & 5 KEY FEATURES: •

Undergoing full refurbishment; Each level 690 sqm* crabtrees.com.au

Grant Tishler Elise Betts

0417 552 919 0407 864 319

FOR LEASE

182 MONASH DRIVE, DANDENONG SOUTH 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

FOR LEASE

Elise Betts Grant Tishler

0407 864 319 0417 552 919

Built on knowledge.

OFFICE/RETAIL

WorkS p a ce Crabtrees Real Estate are delighted to exclusively offer for Sale or Lease the LOGIS CONNECT Office & Retail Precinct located at 134 & 148 Logis Boulevard, Dandenong South.

Positioned within the award-winning 154 hectare Logis Estate, you are surrounded by an abundance of amenities including shops, cafes, restaurants, schools, parks and entertainment. Join a thriving community offering the perfect work/life balance whist working alongside a list of high calibre national and international companies.

SALE/LEASE

Only 3 retail spaces remaining!

Retail space from 172 sqm* to 429 sqm* Office spaces from 82 sqm* to 510 sqm* KEY FEATURES • • • • • • • • •

High quality office and retail spaces Generous natural light Flexible office spaces ranging from 82 sqm* to 510 sqm* Ample on-site car parking included with the options to add additional carparks Bicycle parking Retail and food spaces from 172 sqm* to 429 sqm* Exclusive signage rights with high visibility Flexible floorplans and allowing fit-out options tailored to your business Lift and stair access to first floor

Elise Betts 0407 864 319 elise@crabtrees.com.au

Grant Tishler 0417 552 919 grant@crabtrees.com.au

HIGHLIGHT SALES RESULTS OAKLEIGH

42 Regent Street • • • • • • • •

SOLD FOR $1.92 MILLION

Total building area 445 sqm* Total land area 522 sqm* To be sold with monthly tenancy Three (3) phase power Roller door access Three (3) car parking spaces Tightly held Industrial location Only minutes to both the Huntingdale and Oakleigh Shopping Precincts

Pana Kritikos Saul Akoka

0418 358 700 0427 632 030

CLAYTON

Unit 12/2-4 Sarton Road • • • • • • • • •

SOLD FOR $955,000

Total building area: 280 sqm* Warehouse area: 160 sqm* Office over two levels: 120 sqm* 7m* internal clearance 4 on-site car parks Container high roller door Fully air-conditioned offices Three (3) phase power Great location just off Wellington Road

Pana Kritikos 0418 358 700 Christos Spanos 0411 650 185

ROWVILLE 4 Hobbs Court • • • • • • •

SOLD FOR $4.25 MILLION Built on knowledge.

Total building area of 1,356 sqm* Total freehold land of 2,080 sqm* 10 metre* internal warehouse clearance Generous power supply with multiple 3-phase power outlets Office/Amenities/Kitchen over two levels Two (2) x 10 tone crane provisions Two (2) x 6.3 metre motorised roller doors

Pana Kritikos Grant Tishler Joe Monea

0418 358 700 0417 552 919 0448 486 665

HIGHLIGHT SALES RESULTS CLAYTON SOUTH

Unit 12/140 Fairbank Road • • • • • • • • •

SOLD FOR $4,965 PER SQM

Total building area of 145 sqm* Roller door access Unisex disabled toilets 2 car spaces on title 7.5m* internal warehouse clearance Securely fenced and gated Sold with Vacant Possession Ideal for business, storage or investment Completed 2021

Luke Pitcher 0417 055 578 Christos Spanos 0411 650 185

DANDENONG

7 Balmoral Avenue • • • • • • • •

SOLD FOR $800,000

Total building area of 320 sqm* Total land area of 604 sqm* Clearspan warehouse with good internal height Small office area Securely fenced with off-street car parking Three (3) phase power Additional storage area Kitchenette and bathroom amenities

Joe Monea Tim Homes

0448 486 665 0439 321 707

NOBLE PARK

1/241-243 Browns Road • • • • • • • •

SOLD FOR $2.7 MILLION

Total building area of 1,052 sqm* Includes 386 sqm* office over two levels Mixture of partitioned and open plan areas High clearance warehouse of 666 sqm* Multiple bathrooms Kitchenette facilities to each level On site parking for 17 cars 25 kw Solar system

Tim Homes Luke Pitcher

0439 321 707 0417 055 578

crabtrees.com.au

HIGHLIGHT SALES RESULTS CLAYTON

58 Henderson Road Investment Features: • Term: 5 years as of January 2022 • Option: Five (5) year option • Rental: $51,500 per annum (net) • 3% Annual increases • Total land area of 691 sqm* • Total building area of 530 sqm* • High clearance of up to 5.2m* • Container height roller door

SOLD FOR $1.465 MILLION

Luke Pitcher 0417 055 578 Christos Spanos 0411 650 185

CRANBOURNE WEST 45 Paramount Boulevard • • • • • • • • •

SOLD FOR $2,757,160

Total building area of 916 sqm* Total land area of 1,250 sqm* Airconditioned first floor office of 152 sqm* Own title, no owners corporation Fully fenced with motorised gates Motorised roller door 5m* high Male and female amenities Warehouse height up to 9m* Construction due for completion August 2023

Pana Kritikos Joe Monea

0418 358 700 0448 486 665

OAKLEIGH

2/162 Drummond Street • • • • • •

SOLD FOR $1.05 MILLION Built on knowledge.

Ground floor office/showroom of 210 sqm* Fantastic natural light & external window signage Rare strata offering in Oakleigh Offered with an existing fit-out Secure parking for one car Close proximity to Eaton Mall , Oakleigh Central and Oakleigh Railway Station

Gavin Dumas 0411 878 423 Mark Spigelman 0419 324 342

HIGHLIGHT SALES RESULTS DANDENONG SOUTH Unit 6/22-24 Rhur Street • • • • • •

SOLD FOR $735,000

Total building area of 334 sqm* Street fronting roller door Good size office space Amenities to the rear 3 x car spaces Seconds to Hammond Road, Greens Road, Dandenong Bypass and EastLink

Joe Monea Tim Homes

0448 486 665 0439 321 707

NOBLE PARK

1/158-168 Browns Road • • • • • • •

SOLD FOR $3.67 MILLION

Total building area of 1,554 sqm* Airconditioned office of 178 sqm* Internal clearance of 7m* 102 Solar Panels running at 100KW Front and rear roller doors; Rear access 24 on site car spaces Moments to both, EastLink & Monash M1 Freeway

Grant Tishler Joe Monea

0417 552 919 0448 486 665

NARRE WARREN

5/25-35 Cranbourne Road • • • • • • • • •

SOLD FOR $899,000

Leased to Amokz Group Pty Ltd Returning $50,000 pa net Five (5) year term from September 2022 3% annual increases; 3 Months security deposit One (1) further term of five (5) years Total building area of 460 sqm* Clearspan warehouse of 420 sqm* Three (3) phase power Good internal clearance

Tim Homes Joe Monea

0439 321 707 0448 486 665

crabtrees.com.au

HIGHLIGHT LEASING RESULTS MOORABBIN

21-23 Nellbern Road • • • • • • •

LEASED FOR $175,000 PA NET

Total building area of 1,800 sqm* Includes air conditioned office of 75 sqm* Internal warehouse height up to 6.2m* Dual electric roller door access Parking on site Additional fenced hardstand area Excellent connectivity to major arterials

Saul Akoka Chris McKenzie

0427 632 030 0418 321 065

ROWVILLE

1/88 Henderson Road • • • • • • • • •

LEASED FOR $422,000 PA NET

Total building area of 3,240 sqm* Single level office/showroom of 253 sqm* Dispatch office and excellent staff amenities Fully sprinklered warehouse of 2,987 sqm* High clearance warehouse of 10m* to 11.6m* Three container height roller doors Loading canopy of 178 sqm* Large concrete apron ideal for truck access Separate staff car parking

Grant Tishler Joe Monea

0417 552 919 0448 486 665

CAMBELLFIELD

Unit 1/9 Production Way • • • • • • •

LEASED FOR $130,000 PA NET Built on knowledge.

Total building area of 1,250 sqm* High clear span office / warehouse is located in the heart of Campbellfield Office area 150 sqm* over two levels Warehouse area 1,100 sqm* Secure parking and yard space out the front High power Roller shutter door access

Chris McKenzie Tim Homes

0418 321 065 0439 321 707

HIGHLIGHT LEASING RESULTS SCORESBY 2 Rocco Drive • • • • • • • • •

LEASED FOR $120,000 PA NET

Total building area of 688 sqm* Fully refurbished Two (2) level air conditioned office of 208 sqm* Light filled warehouse of 480 sqm* Container height roller door Excellent truck loading/unloading area 11 on site car spaces Close to cafe’s and amenities Securely fenced

Christos Spanos 0411 650 185 Joe Monea 0448 486 665

OAKLEIGH

37-41 Oxford Street • • • • • • • • •

LEASED FOR $190,000 PA NET

Impressive versatile building of 1,103 sqm* Reception with meeting room Two large air-conditioned open plan areas Various offices and meeting rooms Large training room and board room Drive through access & covered canopy Rear warehouse of 200 sqm* with roller door Substantial on-site parking for 41 vehicles Outdoor entertaining deck with shade sail

Saul Akoka Chris McKenzie

0427 632 030 0418 321 065

KEYSBOROUGH 161 Indian Drive • • • • • • •

LEASED FOR $190,000 PA NET

Total building area of 1,339 sqm* Double storey quality offices of 267 sqm* High Warehouse of 1,072 sqm* Modern air conditioned office Side driveway with large canopy Two roller shutter doors Only 4 years young

Joe Monea Tim Homes

0448 486 665 0439 321 707

crabtrees.com.au

HIGHLIGHT LEASING RESULTS DANDENONG SOUTH 1-11 Knowles Road • • • • • • • • •

LEASED FOR $498,000 PA NET

Total building area of 3,177 sqm* Office/showroom area of 292 sqm* Warehouse area of 2,885 sqm* Large canopy of 324 sqm* Total land area of 6,324 sqm* Modern fitted office/showroom Warehouse height of 9.2m* to 10.2m* Three container height roller doors Wash bay; Permit for car sales

Grant Tishler Joe Monea

0417 552 919 0448 486 665

HUNTINGDALE

22 Hargreaves Street • • • • • •

LEASED FOR $136,000 PA NET

Total building area of 779 sqm* Air conditioned & partitioned offices which have recently been refurbished High quality glass partitioned offices, meeting rooms and open plan areas Amenities on both levels Great car parking and truck / loading facilities The warehouse is high and bright with excellent cubic capacity

Gavin Dumas Saul Akoka

0411 878 423 0427 632 030

DANDENONG SOUTH 4/205-233 Abbotts Road • • • • • • • •

LEASED FOR $481,275 PA NET Built on knowledge.

Total building area of 3,565 sqm* Office area of 428 sqm* Warehouse area of 3,137 sqm* 10 m* high warehouse clearance Large canopy of 240 sqm* 3 container height roller doors 2 x 5 tonne cranes; 3 phase power Ample on site car parking

Tim Homes Grant Tishler

0439 321 707 0417 552 919

HIGHLIGHT LEASING RESULTS OAKLEIGH

Unit 1/2-16 Edward Street • • • • • • •

LEASED FOR $350,000 PA NET

Total building area of 2,095 sqm* Total land area of 6,150 sqm* Three (3) x container height roller doors Large 312 sqm* canopy for truck loading/ unloading Excellent warehouse height of up to 7.5m* Fully concreted and securely fenced Multiple crossovers allowing for outstanding truck access

Chris McKenzie Pana Kritikos

0418 321 065 0418 358 700

OAKLEIGH

8-12 Coora Road • • • • • • •

LEASED FOR $160,000 PA NET

Total building area of 1,545 sqm* Warehouse area of 1,205 sqm* Office area of 340 sqm* High internal warehouse clearance (up to 9m*) Four (4) roller shutter doors Good truck access Parking on site

Chris McKenzie Gavin Dumas

0418 321 065 0411 878 423

ROWVILLE

1/8 Viewtech Place • • • • • •

LEASED FOR $67,320 PA NET

Total building area of 561 sqm* Air-conditioned office showroom of 60 sqm* Container height roller door Excellent bright warehouse of 501 sqm* Good off street parking for 9 cars Close proximity to EastLink

Joe Monea 0448 486 665 Christos Spanos 0411 650 185

crabtrees.com.au

OUR TEAM IS SALES & LEASING CHRIS MCKENZIE

GAVIN DUMAS

Partner

Partner

0418 321 065

0411 878 423

0417 552 919

LUKE PITCHER

ELISE BETTS SAUL

KERRI BEINKE General Manager 0407 308 835

Director 0417 055 578

GRANT TISHLER Partner

Director

AKOKA Senior Executive 0407 864 319 0427 632 030

TIM HOMES Director

MARK SPIGELMAN

JOE MONEA

Consultant

Associate Director

0439 321 707

0419 324 342

0448 486 665

SAUL AKOKA

PANA KRITIKOS

CHRISTOS SPANOS

Senior Executive 0427 632 030

Senior Executive 0418 358 700

TYLER HARGAN

MICHELLE GRACE

Assistant Executive

Marketing Manager

0400 225 390

0405 150 548

CHRISTINE GREY Manager Sales & Leasing Administration

JULIA JORGENSEN Sales & Leasing Administration

Executive

0418 358 700

ASHLEIGH DI GREGORIO Marketing Executive

Oakleigh

03 9567 8888

YOUR TEAM PROPERTY MANAGEMENT THOMAS WETTON

MAGGIE TARANTO

Partner - Head of Property Management

Senior Property Manager

0438 084 862

0435 876 185

EMILY MCLEAN

MEGAN COX

Senior Property Manager

Senior Property Manager

0439 599 865

0418 551 761

AMANDA MCKINLEY

NATASHA STEPHENS

Property Manager

Property Manager

0429 152 557

0418 159 953

SHARON GOULDEN Facilities Manager

CAITLIN O’KEEFFE Property Manager 0448 054 587

IRENA JOKSIMOVIC Assistant Property Manager

YITIAN CAI

CAROLINA GUTIERREZ

SAMANTHA ORSINI

Assistant Property Manager

Assistant Property Manager

LINH HUYNH

MIKI MA

JENNY FAY

Trust Accountant

Accounts Administration

Senior Trust Accountant

Senior Trust Accountant

Dandenong

03 8795 4888

VISIT US

AT CRABTREES.COM.AU

PROJECT MARKETING As we enter the final quarter of 2023, we can confidently say that the strata development market is still buoyant.

WORKSHOP, Oakleigh South is completely sold out and only 3 units left for lease. We have been achieving $220 p/sqm for these units which range in size from 155 sqm – 387 sqm.

The sales rates at FOUND, Huntingdale remain consistent with over 70% of the project already sold. Construction has now commenced and due for completion late 2024. FOUND features a number of different style assets including office/ warehouses, storage units and eCommerce suites, which comprise of ground floor warehouse with two levels of office above.

Maughan Way WAREHAUS is nearing completion and looking fantastic. These too feature ground floor warehouse, first floor mezzanine and first floor office. These units range in size from 220 sqm to 249 sqm and are ideal for trades, eCommerce operators, office occupiers requiring some storage and much, much more.

We are looking forward to announcing new developments in the new year!

Luke Pitcher Director - Project Marketing

CONTENTS FOUND - HUNTINGDALE

3

17-31 Franklyn Street, Huntingdale State-of-the art collection of elevated industrial warehouses & showroom office spaces

CRANBOURNE WEST

5

Units 1-15/1 Maughan Way A collaborative all-in-one design for those who need a warehouse space, showroom, workshop, office space and parking in one place

KEYSBOROUGH

7

Units 1-4/2 Naxos Way Brand new office/showroom/warehouses due for completion August 2022

WORKSHOP

9

8-12 Natalia Avenue, Oakleigh South An exclusive boutique development comprising of only 30 office warehouses.

WORKSHOP - FOR LEASE

11

8-12 Natalia Avenue, Oakleigh South Comprising brand new boutique work spaces with sizes ranging from 155 sqm* - 387 sqm*.

Built on knowledge.

LOCATION MAP 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.

EASTERN FREEWA Y

MELBOURNE CBD

Nunawading

M1 F REE WA Y

FOUND Oakleigh

Brighton

EASTLINK

WORKSHOP

St Kilda

Knoxfield

Notting Hill

Clayton

NAXOS WAY S CE IN PR

Moorabbin

AY W EE FR

Highett

Cheltenham

M 1F RE EW AY

Mentone Dandenong

Keysborough

AN PE NE

Dandenong South

AY HW HIG

MAUGHAN WAY WAREHAUS

Cranbourne

FOR SALE

MELBOURNES BEST SELECTION OF BUSINESS PARKS

OFFICES / WAREHOUSE / SHOWROOM

FOUND HUNTINGDALE STATE-OF-THE ART COLLECTION OF ELEVATED INDUSTRIAL WAREHOUSES & SHOWROOM OFFICE SPACES

Pana Kritikos 0418 358 700 Luke Pitcher 0417 055 578

Street frontage studio/warehouse/offices | 111 sqm* - 266 sqm* Triple-storey office/warehouse spaces | 214 sqm* - 243 sqm* Key features include: • • • • • • • • • •

Fully enclosed mezzanine offices with viewing window, glass entryway & high-quality carpet Reverse-cycle heating & cooling to all offices for year-round thermal comfort Articulated facades with oversized windows allowing for light filled warehouses Allocated car parking on title for staff & visitors Painted internal walls, dramatically reducing dust within the workspace Sealed & polished concrete flooring 3 phase power & remote-controlled roller doors Kitchenette with stone benchtops, matte black tapware, timber veneer cabinetry Floor to ceiling tiles to all bathrooms, matte black tapware & shower facilities National Broadband Network (NBN) ready

Buy now, occupy late 2023

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

4

17-31 Franklyn Street, HUNTINGDALE

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.

FOR SALE

MELBOURNES BEST SELECTION OF BUSINESS PARKS

OFFICES / WAREHOUSE / SHOWROOM

MAUGHAN WAY WAREHAUS A COLLABORATIVE ALL-IN-ONE DESIGN FOR THOSE WHO NEED A WAREHOUSE SPACE, SHOWROOM, WORKSHOP, OFFICE SPACE AND PARKING IN ONE PLACE. Available areas for Sale: 220 sqm* - 248 sqm* Prices from $769,560 + GST

Saul Akoka 0427 632 030 Luke Pitcher 0417 055 578 Joe Monea 0448 486 665

Key features include: • • • • • • •

3 levels of action to split your warehouse/storage business needs per level Kitchenettes & powder room & ground floor or second floor amenity options Air conditioning to offices Roller shutter door access to warehouse LED lighting throughout Water tanks, bin and bike storage Option to combine certain units

Buy now, occupy late 2023

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

4

1-15/1 Maughan Way, CRANBOURNE WEST Unit

Ground Store (m²)

L1 Mezzanine Loft Store (m²)

L2 Office (m²)

Total Area (m²)

Car Spaces

1

83

65

100

248

3

2

68

70

82

220

3

3

68

70

82

220

3

4

68

70

82

220

3

5

68

70

82

220

3

6

68

70

82

220

3

7

68

70

82

220

SOLD

8

68

70

82

220

3

9

68

70

82

220

3

10

68

70

82

220

3

11

68

70

82

220

3

12

68

70

82

220

3

13

68

70

82

220

3

14

68

70

82

220

3

15

69

70

83

222

3

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.

FORFOR LEASE LEASE

MELBOURNES BEST SELECTION OFOF BUSINESS PARKS MELBOURNES BEST SELECTION BUSINESS PARKS

OFFICES / WAREHOUSE / RETAIL OFFICES / WAREHOUSE

INDUSTRIA NUNAWADING GREENLINK BUSINESS PARK KEYSBOROUGH THOMPSONS BASE CRANBOURNE WEST BRAND NEW OFFICE/SHOWROOM/ WAREHOUSES LOCATED ON THE CORNER OF PERRY ROAD AND NAXOS WAY. Sizes range from 597 sqm* - 1,103 sqm*

Grant Tishler 0417 552 919 Joe Monea 0448 486 665 Luke Pitcher 0417 055 578

UNIT 1: High Profile Corporate HQ of 1,103 sqm* • • • •

D E S EA

Fully air conditioned office/showroom of 306 sqm* High clearance warehouse of 797 sqm* 5 tonne crane capacity Container height roller door

L

UNIT 2: High Profile Office/Showroom/Warehouse of 597 sqm* • • •

Fully air conditioned office//showroom of 144 sqm* High clearance warehouse of 453 sqm* Container height roller door

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

6

ED

S EA

L

ED

S EA

L

Units 1 - 4/2 Naxos Way UNIT 3: High Profile Office/Showroom/Warehouse of 597 sqm* • • •

Fully air conditioned office/showroom of 144 sqm* High clearance warehouse of 453 sqm* Container height roller door

UNIT 4: High Profile Office/Showroom/Warehouse of 607 sqm* • • •

D E S EA

Fully air conditioned office//showroom of 155 sqm* High clearance warehouse of 452 sqm* Container height roller door

L

Additional Key Features: • • •

Each unit has excellent staff amenities High clearance warehouses of 9 metres Ample on-site parking

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.

FOR SALE OR LEASE

MELBOURNES BEST SELECTION OF BUSINESS PARKS

OFFICES / WAREHOUSE

WORKSHOP AN EXCLUSIVE BOUTIQUE DEVELOPMENT COMPRISING OF ONLY 30 OFFICE WAREHOUSES Available areas for Sale: 155 sqm* - 387 sqm* Prices from $775,000 + GST

Key features include:

!

T U

O D L

SO

• • • • • •

Architect designed exposed brick facades High internal clearance First floor offices Drive through access Securely fenced & gated with CCTV Close to public transport & amenities

•

Energy efficient lighting

•

Full-height painted internal warehouse walls

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

Luke Pitcher 0417 055 578 Chris McKenzie 0418 321 065

8

8-12 Natalia Avenue, OAKLEIGH SOUTH Unit

Ground (m²)

Mezzanine (m²)

Total (m²)

Sale price

Unit

Ground (m²)

Mezzanine (m²)

Total (m²)

Sale price

1

223

95

318

SOLD

16

134

41

175

SOLD

2

275

95

370

SOLD

17

124

31

155

SOLD

3

135

41

176

SOLD

18

169

41

210

SOLD

4

148

39

187

SOLD

19

124

31

155

SOLD

5

124

31

155

SOLD

20

169

210

SOLD

6

124

31

155

SOLD

21

169

41

210

SOLD

7

124

31

155

SOLD

22

169

41

210

SOLD

8

124

31

155

SOLD

23

124

31

155

SOLD

9

134

41

155

SOLD

24

208

41

249

SOLD

10

135

36

171

S

OU

41

SOLD

25

124

31

55

SOLD

11

124

31

155

SOLD

26

100

100

SOLD

12

124

31

155

SOLD

27

150

44

194

SOLD

13

124

31

155

SOLD

28

139

40

179

SOLD

14

135

36

171

SOLD

29

278

95

373

SOLD

15

124

31

155

SOLD

30

294

93

387

SOLD

D L O

T!

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.

FOR LEASE

MELBOURNES BEST SELECTION OF BUSINESS PARKS

OFFICES / WAREHOUSE

WORKSHOP AN EXCLUSIVE BOUTIQUE DEVELOPMENT COMPRISING OF ONLY 30 OFFICE WAREHOUSES

Luke Pitcher 0417 055 578

Available areas for Lease: 179 sqm* - 318 sqm* Rents starting from $39,380 pa net

Pana Kritikos 0418 358 700

Key features include: • • • • • •

Architect designed exposed brick facades High internal clearance First floor offices Drive through access Securely fenced & gated with CCTV Close to public transport & amenities

•

Energy efficient lighting

•

Full-height painted internal warehouse walls

Oakleigh 03 9567 8888

Dandenong 03 8795 4888

Saul Akoka 0427 632 030

10

8-12 Natalia Avenue, OAKLEIGH SOUTH Unit

Ground Floor Area (m²)

Mezzanine (m²)

Total Area (m²)

Car Spaces

Rent p.a (plus GST)

1

223

95

318

3

$69,960

12

135

36

171

3

LEASED

14

134

41

175

3

LEASED

16

169

41

210

3

LEASED

17

124

31

155

2

LEASED

19

124

31

155

2

LEASED

20

169

41

210

3

LEASED

22

208

41

249

3

$54,780

23

124

31

155

2

LEASED

26

139

40

179

2

$39,380

28

294

93

387

7

LEASED

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.

PREVIOUS PROJECTS SNAPSHOT FAIRBANK HUB 140 Fairbank Road, Clayton South 23 OFFICE WAREHOUSES & CAFE’ • Sizes from 106sqm - 231sqm • SOLD OUT 2022

M-INC 105-115 Cochranes Road, Moorabbin 36 OFFICE WAREHOUSES, WAREHOUSES & CAFE’ • Sizes from 236sqm - 717sqm • SOLD OUT 2020

AERO BUSINESS PARK 26-30 Kembla Street, Cheltenham 9 OFFICE WAREHOUSES • Sizes: 191sqm – 202sqm • FULLY LEASED 2020

THE QUADRANT 1-9/38-42 Wannan Street, Highett 9 OFFICE WAREHOUSES • Sizes from 144sqm • SOLD OUT 2020

KEYLINK 138 Indian Drive, Keysborough 8 OFFICE WAREHOUSES • Sizes: 232sqm – 407sqm • SOLD OUT 2019

For further details contact Luke Pitcher on 0417 055 578

PREVIOUS PROJECTS SNAPSHOT THOMPSONS BASE 7-11 Whitfield Boulevard, Cranbourne 12 SHOWROOM WAREHOUSES + STORAGE • Sizes: 117sqm - 325sqm • SOLD OUT 2019

PARK LANE 55-57 Whiteside Road, Clayton South 7 WAREHOUSES • Sizes from 197sqm - 226sqm • SOLD OUT 2018

INDUSTRIA KNOXFIELD 1470 Ferntree Gully Road, Knoxfield 88 OFFICE WAREHOUSES • Sizes: 132sqm – 230sqm • SOLD OUT 2018

PRECISION BUSINESS PARK 1-8 Precision Lane, Notting Hill 8 OFFICE WAREHOUSES • Sizes: 323sqm – 326sqm • SOLD OUT 2018

INDUSTRIA NUNAWADING 31-39 Norcal Road, Nunawading 71 STRATA OFFICES & OFFICE WAREHOUSES • Sizes: 91sqm – 400sqm • SOLD OUT AND FULLY LEASED 2020

For further details contact Luke Pitcher on 0417 055 578

OAKLEIGH 20-22 Atherton Road 03 9567 8888

DANDENONG SOUTH 1/15 Smeaton Avenue 03 8795 4888

crabtrees.com.au